When 2020 began, the commercial real estate industry was enjoying calm winds at its back and smooth sailing ahead. The forecast changed rapidly, and by the middle of 2020, it was lifeboats in the water and everyone was bracing for the commercial real estate ship to go down in 2021.
However, the industry managed to salvage a solid 2020, with many companies in the Greater Phoenix market enjoying record years in terms of activity. This was due to the overall strength of the market, one that was shaped by the last downturn that took almost a decade to recover from.
The companies highlighted below were some of the ones leading the way as the industry fought through the unknown elements caused by the COVID-19 pandemic, and will be the ones to keep an eye on as they navigate into 2021. Here are the commercial real estate companies to watch in 2021.
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