Just saw a 6.5% cap rate on a suburban office building in Phoenix

That number genuinely surprised me given the current headlines. Are we seeing a bottom, or is this just a weird one-off deal?

3 comments

3 Comments

6.5% on office in this market? No way that's real.

Did they throw in a free cactus or something?

My last plant purchase came with a tiny, half-dead succulent that I'm still trying to revive.