‘Best Value in Years’
Craig Willett, UTAZ President & CEO, was featured in the Phoenix Business Journal’s Commercial Real Estate Section on July 31, 2009.
They quote:
“Things have started picking up again for Gilbert-based UTAZ Development Corp., which has sold or leased more than 13,000 square feet of office condo space in the past [month].
“Willett said UTAZ is seeing activity because of the ‘function of value’ in the market right now. With prices dropping and interest rates low, he said potential buyers have come back into the market to get good deals. He said prices have stabilized in the past few months, making it an attractive buyer’s market.
“‘Today by far represents the best value we’ve seen in years,’ Willett said. ‘The fact we’ve been doing more business in the last 60 days than we did in the last nine months means we have definitely turned a corner.’”
The full article is available at bizjournals.com
