Colliers

CHANDLER, AZ—The 352-unit, class-A apartment community at 777 W. Chandler Blvd. recently sold for $47 million or $133,523 per unit.

PHOENIX—The office market is improving at the fastest pace, with vacancies tightening and rents rising, according to a report by Colliers International Phoenix.

CHICAGO—The company has recently made some key acquisitions in St. Louis, Indianapolis and Dallas, and now has a new set of leaders to deepen its presence in the region.

CHICAGO—The PA-based company had a big hit last year with an O'Hare spec, and that has it looking for more deals around the airport.

SCOTTSDALE, AZ—In 2015, the Airpark consisted of 34.2 million square feet, the number of companies grew from 2,950 to 3,025, and the number of employees increased by 1,160 to 55,260.

CHICAGO—The Opus Group has been one of the region's most active developers, and now has several speculative projects underway.

NEW YORK—Once heavily associated with the West Coast (Silicon Valley, in particular), creative office and tech space is making headway in other US markets, Colliers International's president of national office services Cynthia Foster tells GlobeSt.com.

CHICAGO—Leasing has lately been quite robust in the submarket, and it looks like local users will make 2016 another good year.