q1 2015 greater phoenix pipeline report
DESCRIPTION
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Multifam
ilyPIPELINE REPORTGreater Phoenix Multifamily Construction
Q1/2015
THEPIPELINE
Multifamily Construction FALL 2014
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). © 2014. All rights reserved.
COLLIERS INTERNATIONAL2390 East Camelback Road | Suite 100 Phoenix, AZ 85016 Main +1 602 222 5000 Fax +1 602 222 5001www.collierscooketeam.com
Cindy Cooke Executive Vice President Direct +1 602 222 5039 [email protected]
Brad CookeVice PresidentDirect +1 602 222 5088 [email protected]
John Barnes Vice PresidentDirect +1 602 222 5042 [email protected]
Gerda Kauks Marketing AssociateDirect +1 602 222 5117 [email protected]
Charles Wolcott Investment Analysis Direct +1 602 222 5194 [email protected]
GREATER PHOENIXCOOKE MULTIFAMILY INVESTMENTS
MULTIFAMILY VACANCY CONTINUES TO IMPROVEMultifamily Vacancy Continues to Improve
0%2%4%6%8%
10%12%14%16%
Vaca
ncy
Rat
e
Phoenix Multifamily Vacancy
* Estimate
Vacancy Peak at 13.4 percent, 4Q 2009
Current Rate is 7.0 percent
PHOENIX POPULATION OVERVIEWPhoenix Population Overview
3.0 3.2 3.4 3.6 3.8 4.0 4.2 4.4 4.6
Tota
l Pop
ulat
ion
(mill
ions
)
Population
HOUSING PERMITTING ACTIVITYHousing Permitting Activity
0
3,000
6,000
9,000
12,000
Perm
its Is
sued
Multi-family
Average 2000-2013: 5,668 Units
Average 2000-2008: 7,570 Units
PHOENIX EMPLOYMENT OVERVIEWPhoenix Employment Overview
-1.1
16.3
74.7 73.985.8 83.1 75.1 66.3 61.1 56.3
-23.7
25.337
90.5104.3
66.6
14.1
-110.9-121
12.333.5
48.9 45
-150
-100
-50
0
50
100
150
Jobs
Add
ed/L
ost (
thou
sand
s)
Employment
Data in black: total annual additions/subtractions
Colliers’ Western Region Multifamily Services GroupCINDY COOKE | Executive Vice President, Multifamily InvestmentsServing as team leader, Cindy is involved in every aspect of the transaction from evaluation to closing and understands the importance of every step. Through a hands-on, personal approach she provides unmatched service to her clients. Cindy leverages her expansive knowledge and deep-rooted relationships for the benefit of the team’s institutional and large private capital clients. The ability to maximize value, minimize risk and accelerate velocity for the client is the driving force behind all her decisions.
BRAD COOKE | Vice President, Multifamily InvestmentsBrad’s primary role is client relationships, ensuring clients’ needs are fully met and that they are aware of the current market conditions and opportunities. His dedication to the team’s clients and hands-on personal approach has helped create long-lasting business relationships with top national and international companies. Brad is responsible for client communication, property tours, coordination of due diligence process and assisting with the underwriting as well as market and economical analysis.
CARRIE BURTON | Marketing Associate, Multifamily InvestmentsCarrie is responsible for all business development and marketing needs for the team. This includes coordinating the creation and distribution of all marketing materials, sending weekly marketing updates to the client, managing the client database and assisting with due diligence. She holds an active real estate sales license allowing her to show properties and discuss marketing/financial information with clients.
Jennifer Matthews | Investment Analyst, Multifamily InvestmentsJennifer assists the team in underwriting analysis. In her role, she reviews all financial and operating data for each transaction and develops a comprehensive financial model based on this data to be used within the market materials.
ALEX SAMPSON | Research Associate, Multifamily InvestmentsAlex’s responsibilities include research, maintaining data, marketing and financial information, due diligence as well as closely tracking the current market trends. For each transaction, Alex also tracks the escrow and due diligence process to ensure that information is provided in a timely manner to both buyer and seller to achieve a successful closing. Alex holds an active Arizona real estate sales license allowing him to assist with property tours, client communication and aid with marketing properties.
CAROL DIPAOLA | Administrative Assistant, Multifamily InvestmentsCarol is responsible for coordinating property tours, maintaining up-to-date tour logs that are sent out weekly to the client, and recording all offers being presented as they come in. She is also a strong liason between the team and clients, providing open communication that is needed to keep the daily business running smoothly.
Cooke Multifamily Investments acts as single point of contact, strengthened by a global platform, providing the following benefits:
MORE THAN 50 YEARS COMBINED EXPERIENCE IN MULTIFAMILY INVESTMENTS
97 PERCENT CLOSING RATIO ON ALL LISTINGS
90 PERCENT OF OUR BUSINESS COMES FROM REPEAT CLIENTS AND REFERRALS
EXTENSIVE EXPERIENCE IN LARGE TRANSACTIONS – VALUED AT MORE THAN $2 BILLION
50YEARS
97%
90%
$2.0BILLION
CINDY COOKE | Senior Executive Vice PresidentServing as team leader, Cindy is involved in every aspect of the transaction from evaluation to closing and understands the importance of every step. Through a hands-on, personal approach she provides unmatched service to her clients. Cindy leverages her expansive knowledge and deep-rooted relationships for the benefit of the team’s institutional and large private capital clients. The ability to maximize value, minimize risk and accelerate velocity for the client is the driving force behind all her decisions.
BRAD COOKE | Vice PresidentBrad’s primary role is client relationships, ensuring clients’ needs are fully met and that they are aware of the current market conditions and opportunities. His dedication to the team’s clients and hands-on personal approach has helped create long-lasting business relationships with top national and international companies. Brad is responsible for client communication, property tours, overseeing the due diligence process and assisting with the underwriting as well as market and economical analysis.
JOHN BARNES | Vice President John reviews all Purchase Contacts, Legal Documentation, Listing Agreements, and 3rd Party Due Diligence Reports such as Property Condition Reports and Title & Surveys. In addition John assists in the rent and sale comps market analysis before the team brings new listings to the market. John’s 30+ years in the real estate market make him a valuable resource in all areas of the transaction process.
CHARLES WOLCOTT | Investment AnalystCharles assists the team in underwriting analysis. In his role, he reviews all financial and operating data for each transaction and develops a comprehensive financial model based on this data to be used within the marketing materials. Throughout the transaction process he is responsible for collecting, analyzing, and sending updated financial statements to future buyers.
GERDA KAUKS | Marketing AssociateGerda is responsible for all business development and marketing needs for the team. This includes coordinating the creation and distribution of all marketing materials, sending weekly marketing updates to the client, managing the client database and assisting with due diligence.
CAROL DIPAOLA | Administrative AssistantCarol is responsible for coordinating property tours, maintaining up-to-date tour logs that are sent out weekly to the client, and recording all offers being presented as they come in. She is also a strong liaison between the team and clients, providing open communication that is needed to keep the daily business running smoothly.
Colliers Cooke TeamMultifamily Investments
collierscooketeam.com
1
Housing Permitting Activity
0
3,000
6,000
9,000
12,000
Perm
its Is
sued
Multifamily Permits
* Forecast
Average 2000-2008: 7,570 Units
Average 2000-2014: 5,812 Units
Phoenix Employment Overview
18.2
-1.1
16.4
74.6 73.9 85.7 83.1 75.2 66.2 61.2 58
-24
25.3 36.7
90.6 104.3
66.6
14.3
-110.5 -120.3
13 33.6
52.5 49.6 46.6
-150
-100
-50
0
50
100
150
Jobs
Add
ed/L
ost (
thou
sand
s)
Annual Employment Growth
Data in black: total annual additions/subtractions * Through November
Phoenix Population Overview
0%
1%
2%
3%
4%
5%
2.5
3.0
3.5
4.0
4.5
5.0
5.5
6.0 Annual Population Grow
thTota
l Pop
ulat
ion
(mill
ions
)
Multifamily Vacancy Continues to Improve
0%2%4%6%8%
10%12%14%16%
Vaca
ncy
Rat
e
Phoenix Multifamily Vacancy
* Estimate
Vacancy Peak at 13.4 percent, 4Q 2009
Current Rate is 6.4 percent
HOUSING PERMITTING ACTIVITY
MULTIFAMILY VACANCY CONTINUES TO IMPROVEPHOENIX POPULATION OVERVIEW
PHOENIX EMPLOYMENT OVERVIEW
74
74
51
87
87
87
87
303 101
101
587
347
202
143
60
60
60 60
17
17
10 10
10
10
17
Union Hills Dr
Thunderbird Rd
Cactus Rd
Greenway Rd Greenway Rd
Thunderbird Rd
Peoria Av
Olive AvOlive Av Dunlap Av
Glendale AvGlendale Av
Camelback Rd Camelback Rd Chaparral Rd
Bethany Home Rd
Indian School RdIndian School Rd Indian School Rd Indian SchoolRd
Lincoln DrIndian Bend Rd
McDonald Dr
Thomas Rd Thomas Rd
Lower Buckeye Rd
Happy Valley Rd
Beardsley Rd
Pinnacle Peak Rd
Dynamite Bl Rio Verde Dr
Cave
Cre
ek R
d
Lone Mountain Rd
Happy Valley Rd
Waddell Rd
Cactus Rd
Peoria Av
Cotto
n Ln
El M
irage
Rd
Dysa
rt Rd
99th
Av
107t
h Av
111t
h Av
107t
h Av
83rd
Av
83rd
Av
91st
Av
67th
Av
67th
Av
75th
Av
75th
Av
59th
Av
59th
Av
35th
Av
43rd
Av
43rd
Av
35th
Av
19th
Av
19th
Av
7th
Av7t
h Av
Cent
ral A
vCe
ntra
l Av
7th
St
16th
St
16th
St
7th
St
32nd
St
40th
St
Pinnacle Pe ak Rd
Bartlett
Da m
Rd
McD
owell
Mtn
Rd
Frank Lloyd Wrig ht Bl
Cactus Rd
Tatu
m B
l
Yuma Rd
Broadway Rd
Estrella Pkwy
RainbowValley
Rd
115t
h Av Broadway Rd Broadway Rd
Southern Av Southern Av Southern Av Southern Av
Broadway Rd Broadway Rd
Baseline Rd
Dobbins Rd
Elliot Rd
Estrella Dr
Baseline Rd
University Dr University Dr University Dr
Baseline Rd
Guadalupe Rd
Elliot Rd
Warner Rd
Pecos Rd
Germann Rd Germann Rd
Ray Rd
Pecos Rd
Rura
l Rd
Kyre
ne R
d
McC
linto
ck D
r
Price
Rd
Dobs
on R
d
Alm
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hool
Rd
Gilbe
rt Rd
Gilbe
rt Rd
Gilbe
rt Rd
Coop
er R
d
McQ
ueen
Rd
Linds
ay R
d
Gree
nfiel
d Rd
Val V
ista
DrVa
l Vist
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Higle
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Idah
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Ironw
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RdVi
neya
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Mer
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Rd
Crim
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Rd
Soss
aman
Rd
Reck
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d
Higle
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Hawe
sRd
Sign
alBu
tte R
d
McDowell Rd
McKellips Rd
Brown Rd Brown Rd
Pim
a Rd
Pim
a Rd
NewRiver Rd
7th
St
Queen Creek Rd Queen Creek Rd
Mill
Av
Jack
rabb
it Tr
R.H. Johnson Bl
99thAv
Cave Cre
ekRd
NewRiver Rd
Elliot Rd
24th
St
24th
St
Deer Valley Rd
Warner Rd
56th
St
Morristown-New River Hwy
Lake
Plea
sant
Rd
Scot
tsdale
Rd
Carefree Hwy Carefree Hwy
Shea Bl
Main StApache Bl Apache Tr
Chandler Heights Rd
Hunt Hwy
Ellsw
orth
Rd
Arizo
na A
v
Riggs Rd
51st
Av
Northern Av
Litch
field
Rd
Bell Rd Bell Rd
Grand Av
Grand Av
51st
Av51
st Av
Bell Rd
McDowell Rd McDowell Rd McDowell Rd
Van Buren St Van Buren St
Buckeye RdBuckeye Rd
Baseline Rd
Chandler Bl Williams Field Rd
Coun
try C
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User
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County Rd 85
Mar
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Beeline HwyShea Bl
Bush
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Maricopa FwyAg
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SALT RIVERPIMA-MARICOPA
INDIANRESERVATION
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www.ColliersCookeTeam.comPHOENIX METRO AREALEASE UP
UNDER CONSTRUCTION
CONSTRUCTION PLANNED
LEGEND
Under Construction - 7,970 Units
Lease Up - 6,908 Units
Construction Planned - 11,433 Units
2
7 1
20924
8
3
5
4
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Scot
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Rd
Hayd
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10
11
19
15
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18
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87
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60
60
6060
17
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Union
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Gree
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Peor
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Olive
Av
Olive
Av
Dunla
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Glen
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Cam
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Cam
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Chap
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Beth
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Rd
India
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RdIn
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Scho
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India
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McD
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Cave Creek Rd
Lone
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Rd Ha
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Rd
Wad
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Cactu
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Peor
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Cotton Ln
El Mirage Rd
Dysart Rd
99th Av
107th Av111th Av
107th Av
83rd Av83rd Av
91st Av
67th Av67th Av
75th Av75th Av
59th Av59th Av
35th Av
43rd Av43rd Av
35th Av
19th Av19th Av
7th Av 7th AvCentral Av Central Av7th St
16th St 16th St
7th St
32nd St
40th St
Pinn
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Broa
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115th Av
Broa
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Broa
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Av
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Sout
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Av
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Germ
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Rd
Ray R
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Peco
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Rural Rd
Kyrene Rd
McClintock Dr
Price Rd
Dobson Rd
Alma School Rd
Gilbert Rd Gilbert RdGilbert Rd
Cooper Rd
McQueen Rd
Lindsay Rd
Greenfield Rd
Val Vista Dr Val Vista Dr
Higley Rd
Idaho Rd
Ironwood Rd Vineyard Rd
Meridian Rd
Crimson Rd
Sossaman Rd
Recker Rd
Higley Rd
HawesRd
SignalButte Rd
McD
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Rd
McK
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Rd Brow
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Brow
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Pima RdPima Rd
New River Rd 7th St
Quee
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Mill Av
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Union Hills Dr
Thunderbird Rd
Cactus Rd
Greenway Rd Greenway Rd
Thunderbird Rd
Peoria Av
Olive AvOlive Av Dunlap Av
Glendale AvGlendale Av
Camelback Rd Camelback Rd Chaparral Rd
Bethany Home Rd
Indian School RdIndian School Rd Indian School Rd Indian SchoolRd
Lincoln DrIndian Bend Rd
McDonald Dr
Thomas Rd Thomas Rd
Lower Buckeye Rd
Happy Valley Rd
Beardsley Rd
Pinnacle Peak Rd
Dynamite Bl Rio Verde Dr
Cave
Cre
ek R
d
Lone Mountain Rd
Happy Valley Rd
Waddell Rd
Cactus Rd
Peoria Av
Cotto
n Ln
El M
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Rd
Dysa
rt Rd
99th
Av
107t
h Av
111t
h Av
107t
h Av
83rd
Av
83rd
Av
91st
Av
67th
Av
67th
Av
75th
Av
75th
Av
59th
Av
59th
Av
35th
Av
43rd
Av
43rd
Av
35th
Av
19th
Av
19th
Av
7th
Av7t
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Cent
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vCe
ntra
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7th
St
16th
St
16th
St
7th
St
32nd
St
40th
St
Pinnacle Pe ak Rd
Bartlett
Da m
Rd
McD
owell
Mtn
Rd
Frank Lloyd Wrig ht Bl
Cactus Rd
Tatu
m B
l
Yuma Rd
Broadway Rd
Estrella Pkwy
RainbowValley
Rd
115t
h Av Broadway Rd Broadway Rd
Southern Av Southern Av Southern Av Southern Av
Broadway Rd Broadway Rd
Baseline Rd
Dobbins Rd
Elliot Rd
Estrella Dr
Baseline Rd
University Dr University Dr University Dr
Baseline Rd
Guadalupe Rd
Elliot Rd
Warner Rd
Pecos Rd
Germann Rd Germann Rd
Ray Rd
Pecos Rd
Rura
l Rd
Kyre
ne R
d
McC
linto
ck D
r
Price
Rd
Dobs
on R
d
Alm
a Sc
hool
Rd
Gilbe
rt Rd
Gilbe
rt Rd
Gilbe
rt Rd
Coop
er R
d
McQ
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Rd
Linds
ay R
d
Gree
nfiel
d Rd
Val V
ista
DrVa
l Vist
a Dr
Higle
y Rd
Idah
o Rd
Ironw
ood
RdVi
neya
rd R
d
Mer
idian
Rd
Crim
son
Rd
Soss
aman
Rd
Reck
er R
d
Higle
y Rd
Hawe
sRd
Sign
alBu
tte R
d
McDowell Rd
McKellips Rd
Brown Rd Brown Rd
Pim
a Rd
Pim
a Rd
NewRiver Rd
7th
St
Queen Creek Rd Queen Creek Rd
Mill
Av
Jack
rabb
it Tr
R.H. Johnson Bl
99thAv
Cave Cre
ekRd
NewRiver Rd
Elliot Rd
24th
St
24th
St
Deer Valley Rd
Warner Rd
56th
St
Morristown-New River Hwy
Lake
Plea
sant
Rd
Scot
tsdale
Rd
Carefree Hwy Carefree Hwy
Shea Bl
Main StApache Bl Apache Tr
Chandler Heights Rd
Hunt Hwy
Ellsw
orth
Rd
Arizo
na A
v
Riggs Rd
51st
Av
Northern Av
Litch
field
Rd
Bell Rd Bell Rd
Grand Av
Grand Av
51st
Av51
st Av
Bell Rd
McDowell Rd McDowell Rd McDowell Rd
Van Buren St Van Buren St
Buckeye RdBuckeye Rd
Baseline Rd
Chandler Bl Williams Field Rd
Coun
try C
lub D
r
User
yPa
ssRd
County Rd 85
Mar
icopa
Rd
Beeline HwyShea Bl
Bush
Hwy
Powe
r Rd
Blac
kCa
nyon
Fwy
Superstition Frwy
Papago Fwy
Maricopa Fwy
Agua
Fria
Fwy
Squa
w Pe
ak P
kwy
Mar
icopa
Fwy
SALT RIVERPIMA-MARICOPA
INDIANRESERVATION
GILA RIVERINDIAN
RESERVATION
LUKEA.F.B.
SKY HARBORINTL. AIRPORT
LakePleasant BARTLETT
RESERVOIRWaddellDam
GraniteReefDam
VerdeRiver
Agua
Fria
Rive
r
Salt R iver
Gila River
Sa lt R.
Fannin-McF arland Aqueduct
Roosevelt
Cana
l
Southern C anal
Western Canal
Grand nal
ArizonaCanal
Hayden-Rhodes Aqueduct
New
Rive
r
www.ColliersCookeTeam.comPHOENIX METRO AREALEASE UP
UNDER CONSTRUCTION
CONSTRUCTION PLANNED
LEGEND
Under Construction - 7,970 Units
Lease Up - 6,908 Units
Construction Planned - 11,433 Units
2
7 1
20924
8
3
5
4
16
Scot
tsdale
Rd
Hayd
en R
d
10
11
19
15
22
18
21
13
6
12
17
38
27
7
13
11
12
9
10 10
17
9
11
4
8
20
2416
21 1419
22
153
1 8
2 3
16
23
51
13
12
4
25
181714
21
1815
219
6
7
5
20
6
26
27
23
28
29
30
31
32
33
34
35
36
37
39
40
2829
14
25
26
41
42
# Name Developer/Owner Address City # of Units
1 H20 Urban Alliance Residential 1675 E Morten Ave Phoenix 2252 Elevation Central Vendura Residential 4650 N Central Ave Phoenix 2663 Park 28 Evergreen Development 4114 N 28th St Phoenix 1524 Trillium 44 Trillium Residential 111 N Dupont Circle Phoenix 2975 11 & 12 Capital Place Epoch Properties NWC E Washington St & S 11th St Phoenix 2926 Camden Chandler Camden Property Trust 2777 S Arizona Ave Chandler 3987 Alta Paradise Ridge Wood Partners 18000 N 68th St Scottsdale 2788 Place One Redevelopment ESI Ventures 7045 N 7th St Phoenix 1719 Jefferson on Legacy TDI Real Estate 7340 E Legacy Blvd Scottsdale 32210 Cascade P.B. Bell 18575 N Scottsdale Rd Scottsdale 18611 Valley Club at Desert Ridge Greystone Group 21021 N 56th St Phoenix 34412 Crescent Scottsdale Quarter Crescent Communities 15345 N Scottsdale Rd Scottsdale 27513 Scottsdale Road & Princess Drive Mark-Taylor SWC N Scottsdale Rd & Princess Dr Scottsdale 38814 SALT Apartments OliverMcMillan 260 E Rio Salado Pkwy Tempe 26515 The Met at Fashion Center HCW 3657 W Chandler Blvd Chandler 30316 @ 51 Smithfield Properties 1615 East Georgia Ave Phoenix 18317 Hanover Mill Avenue Hanover Company 101 W 5th St Tempe 34118 Alta Tempe Wood Partners 1260 E University Dr Tempe 29619 Residences at Camelback JLB Partners 4900 N 44th St Phoenix 31220 Alta Steelyard Lofts Wood Partners 353 S Washington St Chandler 30121 San Sonoma Mark-Taylor 9010 S Priest Dr Scottsdale 59022 The Standard Trinsic Residential 6825 E Main St Scottsdale 13423 Escape Modern Living P.B. Bell NWC N 16th St & E Highland Ave Phoenix 24424 The Stetson Alliance Residential 7350 E. Stetson Dr Scottsdale 31625 SWC Country Club & Kiowa Mark-Taylor 2318 South Country Club Dr Mesa 37026 Santana Village MC Clark-Wayland NEC 77th Ave & Peoria Ave Peoria 22427 Avilla Palm Valley NEXmetro Development NWC Falcon Dr & Indian School Rd Goodyear 12528 The Cottages of Tempe* Capstone 708 S Lindon Ln Tempe 15929 Vertex* Blue Vista Capital Group 1050 S Terrace Rd Tempe 213
Total 7,970
# Name Developer/Owner Address City # of Units
1 The Residences at Cityscape Red Development 11 S Central Ave Phoenix 2252 Elevation Chandler Vendura Residential 2300 W Pecos Rd Chandler 1633 Camden Hayden Camden Property Trust 800 E Curry Rd Tempe 2344 SEVEN NextGen Apartments 19800 N 7th St Phoenix 2165 Liv Northgate IPA 455 S Recker Rd Gilbert 4026 Almeria at Ocotillo P.B. Bell 2470 W Edgewater Chandler 3897 San Privada Mark-Taylor 1480 E Pecos Rd Gilbert 2968 Avenue 25 TruAmerica 18250 N 25th Ave Phoenix 2549 Jefferson at One Scottsdale TDI 7355 E Thompson Peak Pkwy Scottsdale 38810 Camden Foothills Camden Property Trust 18245 N Pima Rd Scottsdale 22011 Elan at Desert Ridge Greystar 21155 N 56th St Phoenix 37012 Skywater at Town Lake Lennar Corporation 601 W Rio Salado Pkwy Tempe 32813 Residences at Fountainhead Goodman Real Estate 2520 S Plaza Dr Tempe 32214 Broadstone Waterfront Alliance Residential 7025 E Via Soleri Dr Scottsdale 25915 San Travesia Mark-Taylor 7501 E Mcdowell Rd Scottsdale 57216 Alta Scottsdale Wood Partners 4141 N Granite Reef Rd Scottsdale 21817 Liv North Scottsdale IPA 15509 N Scottsdale Rd Scottsdale 24018 Liv Ahwatukee IPA 16025 S 50th St Phoenix 40219 Avilla San Marcos I & II Alta Vista Communities 901 S Alma School Rd Chandler 26020 The Moderne JLB Partners 5000 N Portales Pl Scottsdale 36921 Optima Sonoran Village Optima Inc. 6835 E Camelback Rd Scottsdale 781
Total 6,908
# Name Developer/Owner Address City # of Units
1 4th & McKinley Goodman Real Estate SWC N 4th St & E McKinley St Phoenix 1182 Verde Dimora Kauffman Homes 2217 N Power Rd Mesa 1603 Via Bello at Silverstone Mark-Taylor 7215 E Silverstone Dr Scottsdale 2624 The Clayton Connell 3015 N Scottsdale Rd Scottsdale 2785 Las Aguas Chason Development 6640 E McDowell Rd Scottsdale 1546 202 Cooper Place NextGen Apartments NWC Cooper Rd & 202 Loop Chandler 3327 Phoenix Central Station Smith Partners LLC 300 N. Central Ave Phoenix 4758 Lake Country Village JLB Partners 1030 E Baseline Rd Tempe 3679 Hayden at Dorsey Station Lennar Corporation 1221 E Apache Blvd Tempe 39510 Broadstone Fashion Center Alliance Residential SWC W Frye Rd & S Price Rd Chandler 33511 Alta Filmore Wood Partners SEC N 7th Ave & W Filmore St Phoenix 22012 Senna LWI Advisory Group SEC Coronado & Ray Rd Gilbert 36613 McClintock & Chandler Lennar Corporation 203 N McClintock Dr Chandler 28314 Broadstone Central Alliance Residential 3450 N Central Ave Phoenix 19215 Tempe Lakeside Transwestern 551 N College Rd Tempe 29016 Agave Residential JLB Partners 3300 N Scottsdale Rd Scottsdale 41617 Jefferson Town Lake TDI N Scottsdale Rd & E Playa Del Norte Dr Tempe 25618 The District Lofts Trackside Lofts NEC N Oak St & W Cullumber Ave Gilbert 16419 Camelback East Village Trinsic Residential NWC 20th St & E Indian School Rd Phoenix 22020 University Dr & Ash Ave Alberta Development NWC W University Dr & S Ash Ave Tempe 18721 Ray Road Apartments Palm Communities NEC Ray Rd & Arizona Ave Chandler 19222 MacDonald & West Ave Cardinal Capital NEC S MacDonald & W 2nd Ave Mesa 20023 Barrister Place P.B. Bell SEC Central Ave & Jefferson St Phoenix 11424 Aura on Broadway Trinsic Residential 1245 E Broadway Rd Tempe 19425 Castellina Greystone Group SEC Bell Rd & Sarival Rd Surprise 32426 Concord Station JTF Devlopment Partners NEC Cave Creek Rd & Union Hills Dr Phoenix 14027 DC Heights Gardner Real Estate Company SWC Commonwealth Ave & S California Chandler 15828 Falcon Pointe at Pinelake Jim Runner SEC East Ocotillo Rd & S Pinelake Way Chandler 17629 Gilbert Civic Center Alliance Residential SEC E Warner Rd & S Civic Center Dr Gilbert 25630 Harmony at Goodyear Michael Treger NEC Indian School Rd & Falcon Dr Goodyear 28831 North Valley Pkwy & Norterra Pkwy MC Clark-Wayland N North Valley Pkwy & Norterra Pkwy Phoenix 20232 Optima Center Kierland Optima 15440 N Scottsdale Rd Scottsdale 70033 Park West Howard Hughes NEC N 99th Ave & W Northern Ave Peoria 25434 Pony Acres Avenue North 1847 E Apache Blvd Tempe 20435 San Valenica Mark-Taylor NWC E Germann Rd & S Oxford Ln Chandler 55636 Santana Canyon MC Clark-Wayland NWC 99th Ave & Lower Buckeye Rd Phoenix 22037 Sunrise at Chandler Sunrise Company 23601 S Arizona Ave Chandler 39238 Sunrise Commons Sunrise Company 15333 N Hayden Rd Scottsdale 31139 Terrace & Apache Helix Properties SEC S Terrace Rd & E Apache Blvd Tempe 22540 Trillium 101 Trillium Residential 20350 N 7th Ave Phoenix 29541 The Muse Lennar Corporation NWC N Central Ave & W McDowell Rd Phoenix 36842 Avilla Homes NEXmetro Development NWC Arizona Ave & Warner Rd Chandler 194
Total 11,433*Student Housing
74
74
51
87
87
87
87
303 101
101
587
347
202
143
60
60
60 60
17
17
10 10
10
10
17
Union Hills Dr
Thunderbird Rd
Cactus Rd
Greenway Rd Greenway Rd
Thunderbird Rd
Peoria Av
Olive AvOlive Av Dunlap Av
Glendale AvGlendale Av
Camelback Rd Camelback Rd Chaparral Rd
Bethany Home Rd
Indian School RdIndian School Rd Indian School Rd Indian SchoolRd
Lincoln DrIndian Bend Rd
McDonald Dr
Thomas Rd Thomas Rd
Lower Buckeye Rd
Happy Valley Rd
Beardsley Rd
Pinnacle Peak Rd
Dynamite Bl Rio Verde Dr
Cave
Cre
ek R
d
Lone Mountain Rd
Happy Valley Rd
Waddell Rd
Cactus Rd
Peoria Av
Cotto
n Ln
El M
irage
Rd
Dysa
rt Rd
99th
Av
107t
h Av
111t
h Av
107t
h Av
83rd
Av
83rd
Av
91st
Av
67th
Av
67th
Av
75th
Av
75th
Av
59th
Av
59th
Av
35th
Av
43rd
Av
43rd
Av
35th
Av
19th
Av
19th
Av
7th
Av7t
h Av
Cent
ral A
vCe
ntra
l Av
7th
St
16th
St
16th
St
7th
St
32nd
St
40th
St
Pinnacle Pe ak Rd
Bartlett
Da m
Rd
McD
owell
Mtn
Rd
Frank Lloyd Wrig ht Bl
Cactus Rd
Tatu
m B
l
Yuma Rd
Broadway Rd
Estrella Pkwy
RainbowValley
Rd
115t
h Av Broadway Rd Broadway Rd
Southern Av Southern Av Southern Av Southern Av
Broadway Rd Broadway Rd
Baseline Rd
Dobbins Rd
Elliot Rd
Estrella Dr
Baseline Rd
University Dr University Dr University Dr
Baseline Rd
Guadalupe Rd
Elliot Rd
Warner Rd
Pecos Rd
Germann Rd Germann Rd
Ray Rd
Pecos Rd
Rura
l Rd
Kyre
ne R
d
McC
linto
ck D
r
Price
Rd
Dobs
on R
d
Alm
a Sc
hool
Rd
Gilbe
rt Rd
Gilbe
rt Rd
Gilbe
rt Rd
Coop
er R
d
McQ
ueen
Rd
Linds
ay R
d
Gree
nfiel
d Rd
Val V
ista
DrVa
l Vist
a Dr
Higle
y Rd
Idah
o Rd
Ironw
ood
RdVi
neya
rd R
d
Mer
idian
Rd
Crim
son
Rd
Soss
aman
Rd
Reck
er R
d
Higle
y Rd
Hawe
sRd
Sign
alBu
tte R
d
McDowell Rd
McKellips Rd
Brown Rd Brown Rd
Pim
a Rd
Pim
a Rd
NewRiver Rd
7th
St
Queen Creek Rd Queen Creek Rd
Mill
Av
Jack
rabb
it Tr
R.H. Johnson Bl
99thAv
Cave Cre
ekRd
NewRiver Rd
Elliot Rd
24th
St
24th
St
Deer Valley Rd
Warner Rd
56th
St
Morristown-New River Hwy
Lake
Plea
sant
Rd
Scot
tsdale
Rd
Carefree Hwy Carefree Hwy
Shea Bl
Main StApache Bl Apache Tr
Chandler Heights Rd
Hunt Hwy
Ellsw
orth
Rd
Arizo
na A
v
Riggs Rd
51st
Av
Northern Av
Litch
field
Rd
Bell Rd Bell Rd
Grand Av
Grand Av
51st
Av51
st Av
Bell Rd
McDowell Rd McDowell Rd McDowell Rd
Van Buren St Van Buren St
Buckeye RdBuckeye Rd
Baseline Rd
Chandler Bl Williams Field Rd
Coun
try C
lub D
r
User
yPa
ssRd
County Rd 85
Mar
icopa
Rd
Beeline HwyShea Bl
Bush
Hwy
Powe
r Rd
Blac
kCa
nyon
Fwy
Superstition Frwy
Papago Fwy
Maricopa Fwy
Agua
Fria
Fwy
Squa
w Pe
ak P
kwy
Mar
icopa
Fwy
SALT RIVERPIMA-MARICOPA
INDIANRESERVATION
GILA RIVERINDIAN
RESERVATION
LUKEA.F.B.
SKY HARBORINTL. AIRPORT
LakePleasant BARTLETT
RESERVOIRWaddellDam
GraniteReefDam
VerdeRiver
Agua
Fria
Rive
r
Salt R iver
Gila River
Sa lt R.
Fannin-McF arland Aqueduct
Roosevelt
Cana
l
Southern C anal
Western Canal
Grand nal
ArizonaCanal
Hayden-Rhodes Aqueduct
New
Rive
r
www.ColliersCookeTeam.comPHOENIX METRO AREALEASE UP
UNDER CONSTRUCTION
CONSTRUCTION PLANNED
LEGEND
Under Construction - 7,970 Units
Lease Up - 6,908 Units
Construction Planned - 11,433 Units
2
7 1
20924
8
3
5
4
16
Scot
tsdale
Rd
Hayd
en R
d
10
11
19
15
22
18
21
13
6
12
17
38
27
7
13
11
12
9
10 10
17
9
11
4
8
20
2416
21 1419
22
153
1 8
2 3
16
23
51
13
12
4
25
181714
21
1815
219
6
7
5
20
6
26
27
23
28
29
30
31
32
33
34
35
36
37
39
40
2829
14
25
26
41
42
Untitled-6 2 1/8/2015 4:35:51 PM
74
74
51
87
87
87
87
303 101
101
587
347
202
143
60
60
60 60
17
17
10 10
10
10
17
Union Hills Dr
Thunderbird Rd
Cactus Rd
Greenway Rd Greenway Rd
Thunderbird Rd
Peoria Av
Olive AvOlive Av Dunlap Av
Glendale AvGlendale Av
Camelback Rd Camelback Rd Chaparral Rd
Bethany Home Rd
Indian School RdIndian School Rd Indian School Rd Indian SchoolRd
Lincoln DrIndian Bend Rd
McDonald Dr
Thomas Rd Thomas Rd
Lower Buckeye Rd
Happy Valley Rd
Beardsley Rd
Pinnacle Peak Rd
Dynamite Bl Rio Verde Dr
Cave
Cre
ek R
d
Lone Mountain Rd
Happy Valley Rd
Waddell Rd
Cactus Rd
Peoria Av
Cotto
n Ln
El M
irage
Rd
Dysa
rt Rd
99th
Av
107t
h Av
111t
h Av
107t
h Av
83rd
Av
83rd
Av
91st
Av
67th
Av
67th
Av
75th
Av
75th
Av
59th
Av
59th
Av
35th
Av
43rd
Av
43rd
Av
35th
Av
19th
Av
19th
Av
7th
Av7t
h Av
Cent
ral A
vCe
ntra
l Av
7th
St
16th
St
16th
St
7th
St
32nd
St
40th
St
Pinnacle Pe ak Rd
Bartlett
Da m
Rd
McD
owell
Mtn
Rd
Frank Lloyd Wrig ht Bl
Cactus Rd
Tatu
m B
l
Yuma Rd
Broadway Rd
Estrella Pkwy
RainbowValley
Rd
115t
h Av Broadway Rd Broadway Rd
Southern Av Southern Av Southern Av Southern Av
Broadway Rd Broadway Rd
Baseline Rd
Dobbins Rd
Elliot Rd
Estrella Dr
Baseline Rd
University Dr University Dr University Dr
Baseline Rd
Guadalupe Rd
Elliot Rd
Warner Rd
Pecos Rd
Germann Rd Germann Rd
Ray Rd
Pecos RdRu
ral R
d
Kyre
ne R
d
McC
linto
ck D
r
Price
Rd
Dobs
on R
d
Alm
a Sc
hool
Rd
Gilbe
rt Rd
Gilbe
rt Rd
Gilbe
rt Rd
Coop
er R
d
McQ
ueen
Rd
Linds
ay R
d
Gree
nfiel
d Rd
Val V
ista
DrVa
l Vist
a Dr
Higle
y Rd
Idah
o Rd
Ironw
ood
RdVi
neya
rd R
d
Mer
idian
Rd
Crim
son
Rd
Soss
aman
Rd
Reck
er R
d
Higle
y Rd
Hawe
sRd
Sign
alBu
tte R
d
McDowell Rd
McKellips Rd
Brown Rd Brown Rd
Pim
a Rd
Pim
a Rd
NewRiver Rd
7th
St
Queen Creek Rd Queen Creek Rd
Mill
Av
Jack
rabb
it Tr
R.H. Johnson Bl
99thAv
Cave Cre
ekRd
NewRiver Rd
Elliot Rd
24th
St
24th
St
Deer Valley Rd
Warner Rd
56th
St
Morristown-New River Hwy
Lake
Plea
sant
Rd
Scot
tsdale
Rd
Carefree Hwy Carefree Hwy
Shea Bl
Main StApache Bl Apache Tr
Chandler Heights Rd
Hunt Hwy
Ellsw
orth
Rd
Arizo
na A
vRiggs Rd
51st
Av
Northern Av
Litch
field
RdBell Rd Bell Rd
Grand Av
Grand Av
51st
Av51
st Av
Bell Rd
McDowell Rd McDowell Rd McDowell Rd
Van Buren St Van Buren St
Buckeye RdBuckeye Rd
Baseline Rd
Chandler Bl Williams Field Rd
Coun
try C
lub D
r
User
yPa
ssRd
County Rd 85
Mar
icopa
Rd
Beeline HwyShea Bl
Bush
Hwy
Powe
r Rd
Blac
kCa
nyon
Fwy
Superstition Frwy
Papago Fwy
Maricopa Fwy
Agua
Fria
Fwy
Squa
w Pe
ak P
kwy
Mar
icopa
Fwy
SALT RIVERPIMA-MARICOPA
INDIANRESERVATION
GILA RIVERINDIAN
RESERVATION
LUKEA.F.B.
SKY HARBORINTL. AIRPORT
LakePleasant BARTLETT
RESERVOIRWaddellDam
GraniteReefDam
VerdeRiver
Agua
Fria
Rive
r
Salt R iver
Gila River
Sa lt R.
Fannin-McF arland Aqueduct
Roosevelt
Cana
l
Southern C anal
Western Canal
Grand nal
ArizonaCanal
Hayden-Rhodes Aqueduct
New
Rive
r
www.ColliersCookeTeam.comPHOENIX METRO AREALEASE UP
UNDER CONSTRUCTION
CONSTRUCTION PLANNED
LEGEND
Under Construction - 7,970 Units
Lease Up - 6,908 Units
Construction Planned - 11,433 Units
2
7 1
20924
8
3
5
4
16
Scot
tsdale
Rd
Hayd
en R
d
10
11
19
15
22
18
21
13
6
12
17
38
27
7
13
11
12
9
10 10
17
9
11
4
8
20
2416
21 1419
22
153
1 8
2 3
16
23
51
13
12
4
25
181714
21
1815
219
6
7
5
20
6
26
27
23
28
29
30
31
32
33
34
35
36
37
39
40
2829
14
25
26
41
42
# Name Developer/Owner Address City # of Units
1 H20 Urban Alliance Residential 1675 E Morten Ave Phoenix 2252 Elevation Central Vendura Residential 4650 N Central Ave Phoenix 2663 Park 28 Evergreen Development 4114 N 28th St Phoenix 1524 Trillium 44 Trillium Residential 111 N Dupont Circle Phoenix 2975 11 & 12 Capital Place Epoch Properties NWC E Washington St & S 11th St Phoenix 2926 Camden Chandler Camden Property Trust 2777 S Arizona Ave Chandler 3987 Alta Paradise Ridge Wood Partners 18000 N 68th St Scottsdale 2788 Place One Redevelopment ESI Ventures 7045 N 7th St Phoenix 1719 Jefferson on Legacy TDI Real Estate 7340 E Legacy Blvd Scottsdale 32210 Cascade P.B. Bell 18575 N Scottsdale Rd Scottsdale 18611 Valley Club at Desert Ridge Greystone Group 21021 N 56th St Phoenix 34412 Crescent Scottsdale Quarter Crescent Communities 15345 N Scottsdale Rd Scottsdale 27513 Scottsdale Road & Princess Drive Mark-Taylor SWC N Scottsdale Rd & Princess Dr Scottsdale 38814 SALT Apartments OliverMcMillan 260 E Rio Salado Pkwy Tempe 26515 The Met at Fashion Center HCW 3657 W Chandler Blvd Chandler 30316 @ 51 Smithfield Properties 1615 East Georgia Ave Phoenix 18317 Hanover Mill Avenue Hanover Company 101 W 5th St Tempe 34118 Alta Tempe Wood Partners 1260 E University Dr Tempe 29619 Residences at Camelback JLB Partners 4900 N 44th St Phoenix 31220 Alta Steelyard Lofts Wood Partners 353 S Washington St Chandler 30121 San Sonoma Mark-Taylor 9010 S Priest Dr Scottsdale 59022 The Standard Trinsic Residential 6825 E Main St Scottsdale 13423 Escape Modern Living P.B. Bell NWC N 16th St & E Highland Ave Phoenix 24424 The Stetson Alliance Residential 7350 E. Stetson Dr Scottsdale 31625 SWC Country Club & Kiowa Mark-Taylor 2318 South Country Club Dr Mesa 37026 Santana Village MC Clark-Wayland NEC 77th Ave & Peoria Ave Peoria 22427 Avilla Palm Valley NEXmetro Development NWC Falcon Dr & Indian School Rd Goodyear 12528 The Cottages of Tempe* Capstone 708 S Lindon Ln Tempe 15929 Vertex* Blue Vista Capital Group 1050 S Terrace Rd Tempe 213
Total 7,970
# Name Developer/Owner Address City # of Units
1 The Residences at Cityscape Red Development 11 S Central Ave Phoenix 2252 Elevation Chandler Vendura Residential 2300 W Pecos Rd Chandler 1633 Camden Hayden Camden Property Trust 800 E Curry Rd Tempe 2344 SEVEN NextGen Apartments 19800 N 7th St Phoenix 2165 Liv Northgate IPA 455 S Recker Rd Gilbert 4026 Almeria at Ocotillo P.B. Bell 2470 W Edgewater Chandler 3897 San Privada Mark-Taylor 1480 E Pecos Rd Gilbert 2968 Avenue 25 TruAmerica 18250 N 25th Ave Phoenix 2549 Jefferson at One Scottsdale TDI 7355 E Thompson Peak Pkwy Scottsdale 38810 Camden Foothills Camden Property Trust 18245 N Pima Rd Scottsdale 22011 Elan at Desert Ridge Greystar 21155 N 56th St Phoenix 37012 Skywater at Town Lake Lennar Corporation 601 W Rio Salado Pkwy Tempe 32813 Residences at Fountainhead Goodman Real Estate 2520 S Plaza Dr Tempe 32214 Broadstone Waterfront Alliance Residential 7025 E Via Soleri Dr Scottsdale 25915 San Travesia Mark-Taylor 7501 E Mcdowell Rd Scottsdale 57216 Alta Scottsdale Wood Partners 4141 N Granite Reef Rd Scottsdale 21817 Liv North Scottsdale IPA 15509 N Scottsdale Rd Scottsdale 24018 Liv Ahwatukee IPA 16025 S 50th St Phoenix 40219 Avilla San Marcos I & II Alta Vista Communities 901 S Alma School Rd Chandler 26020 The Moderne JLB Partners 5000 N Portales Pl Scottsdale 36921 Optima Sonoran Village Optima Inc. 6835 E Camelback Rd Scottsdale 781
Total 6,908
# Name Developer/Owner Address City # of Units
1 4th & McKinley Goodman Real Estate SWC N 4th St & E McKinley St Phoenix 1182 Verde Dimora Kauffman Homes 2217 N Power Rd Mesa 1603 Via Bello at Silverstone Mark-Taylor 7215 E Silverstone Dr Scottsdale 2624 The Clayton Connell 3015 N Scottsdale Rd Scottsdale 2785 Las Aguas Chason Development 6640 E McDowell Rd Scottsdale 1546 202 Cooper Place NextGen Apartments NWC Cooper Rd & 202 Loop Chandler 3327 Phoenix Central Station Smith Partners LLC 300 N. Central Ave Phoenix 4758 Lake Country Village JLB Partners 1030 E Baseline Rd Tempe 3679 Hayden at Dorsey Station Lennar Corporation 1221 E Apache Blvd Tempe 39510 Broadstone Fashion Center Alliance Residential SWC W Frye Rd & S Price Rd Chandler 33511 Alta Filmore Wood Partners SEC N 7th Ave & W Filmore St Phoenix 22012 Senna LWI Advisory Group SEC Coronado & Ray Rd Gilbert 36613 McClintock & Chandler Lennar Corporation 203 N McClintock Dr Chandler 28314 Broadstone Central Alliance Residential 3450 N Central Ave Phoenix 19215 Tempe Lakeside Transwestern 551 N College Rd Tempe 29016 Agave Residential JLB Partners 3300 N Scottsdale Rd Scottsdale 41617 Jefferson Town Lake TDI N Scottsdale Rd & E Playa Del Norte Dr Tempe 25618 The District Lofts Trackside Lofts NEC N Oak St & W Cullumber Ave Gilbert 16419 Camelback East Village Trinsic Residential NWC 20th St & E Indian School Rd Phoenix 22020 University Dr & Ash Ave Alberta Development NWC W University Dr & S Ash Ave Tempe 18721 Ray Road Apartments Palm Communities NEC Ray Rd & Arizona Ave Chandler 19222 MacDonald & West Ave Cardinal Capital NEC S MacDonald & W 2nd Ave Mesa 20023 Barrister Place P.B. Bell SEC Central Ave & Jefferson St Phoenix 11424 Aura on Broadway Trinsic Residential 1245 E Broadway Rd Tempe 19425 Castellina Greystone Group SEC Bell Rd & Sarival Rd Surprise 32426 Concord Station JTF Devlopment Partners NEC Cave Creek Rd & Union Hills Dr Phoenix 14027 DC Heights Gardner Real Estate Company SWC Commonwealth Ave & S California Chandler 15828 Falcon Pointe at Pinelake Jim Runner SEC East Ocotillo Rd & S Pinelake Way Chandler 17629 Gilbert Civic Center Alliance Residential SEC E Warner Rd & S Civic Center Dr Gilbert 25630 Harmony at Goodyear Michael Treger NEC Indian School Rd & Falcon Dr Goodyear 28831 North Valley Pkwy & Norterra Pkwy MC Clark-Wayland N North Valley Pkwy & Norterra Pkwy Phoenix 20232 Optima Center Kierland Optima 15440 N Scottsdale Rd Scottsdale 70033 Park West Howard Hughes NEC N 99th Ave & W Northern Ave Peoria 25434 Pony Acres Avenue North 1847 E Apache Blvd Tempe 20435 San Valenica Mark-Taylor NWC E Germann Rd & S Oxford Ln Chandler 55636 Santana Canyon MC Clark-Wayland NWC 99th Ave & Lower Buckeye Rd Phoenix 22037 Sunrise at Chandler Sunrise Company 23601 S Arizona Ave Chandler 39238 Sunrise Commons Sunrise Company 15333 N Hayden Rd Scottsdale 31139 Terrace & Apache Helix Properties SEC S Terrace Rd & E Apache Blvd Tempe 22540 Trillium 101 Trillium Residential 20350 N 7th Ave Phoenix 29541 The Muse Lennar Corporation NWC N Central Ave & W McDowell Rd Phoenix 36842 Avilla Homes NEXmetro Development NWC Arizona Ave & Warner Rd Chandler 194
Total 11,433*Student Housing
74
74
51
87
87
87
87
303 101
101
587
347
202
143
60
60
60 60
17
17
10 10
10
10
17
Union Hills Dr
Thunderbird Rd
Cactus Rd
Greenway Rd Greenway Rd
Thunderbird Rd
Peoria Av
Olive AvOlive Av Dunlap Av
Glendale AvGlendale Av
Camelback Rd Camelback Rd Chaparral Rd
Bethany Home Rd
Indian School RdIndian School Rd Indian School Rd Indian SchoolRd
Lincoln DrIndian Bend Rd
McDonald Dr
Thomas Rd Thomas Rd
Lower Buckeye Rd
Happy Valley Rd
Beardsley Rd
Pinnacle Peak Rd
Dynamite Bl Rio Verde Dr
Cave
Cre
ek R
d
Lone Mountain Rd
Happy Valley Rd
Waddell Rd
Cactus Rd
Peoria Av
Cotto
n Ln
El M
irage
Rd
Dysa
rt Rd
99th
Av
107t
h Av
111t
h Av
107t
h Av
83rd
Av
83rd
Av
91st
Av
67th
Av
67th
Av
75th
Av
75th
Av
59th
Av
59th
Av
35th
Av
43rd
Av
43rd
Av
35th
Av
19th
Av
19th
Av
7th
Av7t
h Av
Cent
ral A
vCe
ntra
l Av
7th
St
16th
St
16th
St
7th
St
32nd
St
40th
St
Pinnacle Pe ak Rd
Bartlett
Da m
Rd
McD
owell
Mtn
Rd
Frank Lloyd Wrig ht Bl
Cactus Rd
Tatu
m B
l
Yuma Rd
Broadway Rd
Estrella Pkwy
RainbowValley
Rd
115t
h Av Broadway Rd Broadway Rd
Southern Av Southern Av Southern Av Southern Av
Broadway Rd Broadway Rd
Baseline Rd
Dobbins Rd
Elliot Rd
Estrella Dr
Baseline Rd
University Dr University Dr University Dr
Baseline Rd
Guadalupe Rd
Elliot Rd
Warner Rd
Pecos Rd
Germann Rd Germann Rd
Ray Rd
Pecos Rd
Rura
l Rd
Kyre
ne R
d
McC
linto
ck D
r
Price
Rd
Dobs
on R
d
Alm
a Sc
hool
Rd
Gilbe
rt Rd
Gilbe
rt Rd
Gilbe
rt Rd
Coop
er R
d
McQ
ueen
Rd
Linds
ay R
d
Gree
nfiel
d Rd
Val V
ista
DrVa
l Vist
a Dr
Higle
y Rd
Idah
o Rd
Ironw
ood
RdVi
neya
rd R
d
Mer
idian
Rd
Crim
son
Rd
Soss
aman
Rd
Reck
er R
d
Higle
y Rd
Hawe
sRd
Sign
alBu
tte R
d
McDowell Rd
McKellips Rd
Brown Rd Brown Rd
Pim
a Rd
Pim
a Rd
NewRiver Rd
7th
St
Queen Creek Rd Queen Creek Rd
Mill
Av
Jack
rabb
it Tr
R.H. Johnson Bl
99thAv
Cave Cre
ekRd
NewRiver Rd
Elliot Rd
24th
St
24th
St
Deer Valley Rd
Warner Rd
56th
St
Morristown-New River Hwy
Lake
Plea
sant
Rd
Scot
tsdale
Rd
Carefree Hwy Carefree Hwy
Shea Bl
Main StApache Bl Apache Tr
Chandler Heights Rd
Hunt Hwy
Ellsw
orth
Rd
Arizo
na A
v
Riggs Rd
51st
Av
Northern Av
Litch
field
Rd
Bell Rd Bell Rd
Grand Av
Grand Av
51st
Av51
st Av
Bell Rd
McDowell Rd McDowell Rd McDowell Rd
Van Buren St Van Buren St
Buckeye RdBuckeye Rd
Baseline Rd
Chandler Bl Williams Field Rd
Coun
try C
lub D
r
User
yPa
ssRd
County Rd 85
Mar
icopa
Rd
Beeline HwyShea Bl
Bush
Hwy
Powe
r Rd
Blac
kCa
nyon
Fwy
Superstition Frwy
Papago Fwy
Maricopa Fwy
Agua
Fria
Fwy
Squa
w Pe
ak P
kwy
Mar
icopa
Fwy
SALT RIVERPIMA-MARICOPA
INDIANRESERVATION
GILA RIVERINDIAN
RESERVATION
LUKEA.F.B.
SKY HARBORINTL. AIRPORT
LakePleasant BARTLETT
RESERVOIRWaddellDam
GraniteReefDam
VerdeRiver
Agua
Fria
Rive
r
Salt R iver
Gila River
Sa lt R.
Fannin-McF arland Aqueduct
Roosevelt
Cana
l
Southern C anal
Western Canal
Grand nal
ArizonaCanal
Hayden-Rhodes Aqueduct
New
Rive
r
www.ColliersCookeTeam.comPHOENIX METRO AREALEASE UP
UNDER CONSTRUCTION
CONSTRUCTION PLANNED
LEGEND
Under Construction - 7,970 Units
Lease Up - 6,908 Units
Construction Planned - 11,433 Units
2
7 1
20924
8
3
5
4
16
Scot
tsdale
Rd
Hayd
en R
d
10
11
19
15
22
18
21
13
6
12
17
38
27
7
13
11
12
9
10 10
17
9
11
4
8
20
2416
21 1419
22
153
1 8
2 3
16
23
51
13
12
4
25
181714
21
1815
219
6
7
5
20
6
26
27
23
28
29
30
31
32
33
34
35
36
37
39
40
2829
14
25
26
41
42
Untitled-6 2 1/8/2015 4:35:51 PM
74
74
51
87
87
87
87
303 101
101
587
347
202
143
60
60
60 60
17
17
10 10
10
10
17
Union Hills Dr
Thunderbird Rd
Cactus Rd
Greenway Rd Greenway Rd
Thunderbird Rd
Peoria Av
Olive AvOlive Av Dunlap Av
Glendale AvGlendale Av
Camelback Rd Camelback Rd Chaparral Rd
Bethany Home Rd
Indian School RdIndian School Rd Indian School Rd Indian SchoolRd
Lincoln DrIndian Bend Rd
McDonald Dr
Thomas Rd Thomas Rd
Lower Buckeye Rd
Happy Valley Rd
Beardsley Rd
Pinnacle Peak Rd
Dynamite Bl Rio Verde Dr
Cave
Cre
ek R
d
Lone Mountain Rd
Happy Valley Rd
Waddell Rd
Cactus Rd
Peoria Av
Cotto
n Ln
El M
irage
Rd
Dysa
rt Rd
99th
Av
107t
h Av
111t
h Av
107t
h Av
83rd
Av
83rd
Av
91st
Av
67th
Av
67th
Av
75th
Av
75th
Av
59th
Av
59th
Av
35th
Av
43rd
Av
43rd
Av
35th
Av
19th
Av
19th
Av
7th
Av7t
h Av
Cent
ral A
vCe
ntra
l Av
7th
St
16th
St
16th
St
7th
St
32nd
St
40th
St
Pinnacle Pe ak Rd
Bartlett
Da m
Rd
McD
owell
Mtn
Rd
Frank Lloyd Wrig ht Bl
Cactus Rd
Tatu
m B
l
Yuma Rd
Broadway Rd
Estrella Pkwy
RainbowValley
Rd
115t
h Av Broadway Rd Broadway Rd
Southern Av Southern Av Southern Av Southern Av
Broadway Rd Broadway Rd
Baseline Rd
Dobbins Rd
Elliot Rd
Estrella Dr
Baseline Rd
University Dr University Dr University Dr
Baseline Rd
Guadalupe Rd
Elliot Rd
Warner Rd
Pecos Rd
Germann Rd Germann Rd
Ray Rd
Pecos Rd
Rura
l Rd
Kyre
ne R
d
McC
linto
ck D
r
Price
Rd
Dobs
on R
d
Alm
a Sc
hool
Rd
Gilbe
rt Rd
Gilbe
rt Rd
Gilbe
rt Rd
Coop
er R
d
McQ
ueen
Rd
Linds
ay R
d
Gree
nfiel
d Rd
Val V
ista
DrVa
l Vist
a Dr
Higle
y Rd
Idah
o Rd
Ironw
ood
RdVi
neya
rd R
d
Mer
idian
Rd
Crim
son
Rd
Soss
aman
Rd
Reck
er R
d
Higle
y Rd
Hawe
sRd
Sign
alBu
tte R
d
McDowell Rd
McKellips Rd
Brown Rd Brown Rd
Pim
a Rd
Pim
a Rd
NewRiver Rd
7th
St
Queen Creek Rd Queen Creek Rd
Mill
Av
Jack
rabb
it Tr
R.H. Johnson Bl
99thAv
Cave Cre
ekRd
NewRiver Rd
Elliot Rd
24th
St
24th
St
Deer Valley Rd
Warner Rd
56th
St
Morristown-New River Hwy
Lake
Plea
sant
Rd
Scot
tsdale
Rd
Carefree Hwy Carefree Hwy
Shea Bl
Main StApache Bl Apache Tr
Chandler Heights Rd
Hunt Hwy El
lswor
th R
d
Arizo
na A
v
Riggs Rd
51st
Av
Northern Av
Litch
field
Rd
Bell Rd Bell Rd
Grand Av
Grand Av
51st
Av51
st Av
Bell Rd
McDowell Rd McDowell Rd McDowell Rd
Van Buren St Van Buren St
Buckeye RdBuckeye Rd
Baseline Rd
Chandler Bl Williams Field Rd
Coun
try C
lub D
r
User
yPa
ssRd
County Rd 85
Mar
icopa
Rd
Beeline HwyShea Bl
Bush
Hwy
Powe
r Rd
Blac
kCa
nyon
Fwy
Superstition Frwy
Papago Fwy
Maricopa Fwy
Agua
Fria
Fwy
Squa
w Pe
ak P
kwy
Mar
icopa
Fwy
SALT RIVERPIMA-MARICOPA
INDIANRESERVATION
GILA RIVERINDIAN
RESERVATION
LUKEA.F.B.
SKY HARBORINTL. AIRPORT
LakePleasant BARTLETT
RESERVOIRWaddellDam
GraniteReefDam
VerdeRiver
Agua
Fria
Rive
r
Salt R iver
Gila River
Sa lt R.
Fannin-McF arland Aqueduct
Roosevelt
Cana
l
Southern C anal
Western Canal
Grand nal
ArizonaCanal
Hayden-Rhodes Aqueduct
New
Rive
r
www.ColliersCookeTeam.comPHOENIX METRO AREALEASE UP
UNDER CONSTRUCTION
CONSTRUCTION PLANNED
LEGEND
Under Construction - 7,970 Units
Lease Up - 6,908 Units
Construction Planned - 11,433 Units
2
7 1
20924
8
3
5
4
16
Scot
tsdale
Rd
Hayd
en R
d
10
11
19
15
22
18
21
13
6
12
17
38
27
7
13
11
12
9
10 10
17
9
11
4
8
20
2416
21 1419
22
153
1 8
2 3
16
23
51
13
12
4
25
181714
21
1815
219
6
7
5
20
6
26
27
23
28
29
30
31
32
33
34
35
36
37
39
40
2829
14
25
26
41
42
Our knowledge advantage is just one more way we accelerate your success.
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