A group of the Valley’s most successful brokers, meeting at a real estate forum at the W. P. Carey School of Business, agree that although the commercial real estate market is recovering, improvement will be slow.

This fall, the Center for Real Estate Theory and Practice at the W. P. Carey School of Business enlisted brokers to provide a new window onto the Phoenix real estate market.

The Phoenix economy is mending, with indications that its real estate market is the hottest in the nation. But before retail developers jump in, economist Dennis Hoffman cautions them to pause and consider how the retail landscape has changed.