Employment in the Scottsdale Airpark is similar to downdown Phoenix or the area around Sky Harbor.

Keeley said the area’s commercial real estate market is starting to show signs of leveling off, with land prices holding at about $25 to $30 per square foot since 2005. He noted that in typical cycles the commercial market trails the residential sector by 18 to 24 months.

December 2, 2006 by
 
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John Wake

Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.

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