The Cushman & Wakefield Land Group serves institutional and private buyers and sellers of land. Our team of experts works on investment and development land, and in select markets, agricultural transactions. They offer a unique understanding of these properties, extending well beyond the physical asset. Armed with extensive market-specific knowledge and regulatory and entitlement expertise, our professionals provide clients the tools they need to evaluate the highest and best use of a land parcel.
The land team has immediate access to key market sales data, which is critical to determining and executing solutions for complex land situations. We expertly leverage the resources of our global company, which also includes valuation and development professionals in addition to specialists in retail and industrial. Our professionals provide the resources, support and brokerage expertise needed to maximize the market presence of our clients and the value of their land holdings, from single assets to nationwide property portfolios.
Market Spotlight: Phoenix
The Metropolitan Phoenix area has benefited from an improving job market and decreased unemployment. After seeing values dip 51% during the recession, the median housing price has increased 108% between 2011 and 2018. 250 land sales totaling nearly 8,100 acres were completed in the first quarter.