Phoenix Industrial: The Place to Be

CoStar says it best: “Industrial is the most in-demand product type in Phoenix, with no end in sight for growth.”
We see this demand reflected in every conversation we have with owners, tenants and investors. It’s proof that pandemic-
CoStar reports: “Industrial tenants are searching for more space in the Phoenix market than they ever have before.”
Last year was historic for the Phoenix industrial market – both for net absorption and new construction. And the momentum continues in 2021.
For owners, high demand means a steady flow of interested tenants and the opportunity for rent growth. For those considering a building sale, high demand brings an equally welcome benefit: high values.
In many boom markets, strong fundamentals can lean heavily in favor of owners and landlords. Fortunately for Phoenix, our record-high industrial construction, growing population and continued affordability also make the Valley a superior place for expansion and relocation.
The bottom line: the Phoenix industrial market is growing in stature on all fronts, like never before.
Whether you’re an owner, landlord or tenant, Citywide can help you get to where you want to be. Contact us today for a one-on-one discussion about our market’s exponential opportunities!
*Data source: CoStar
FEATURED PROPERTIES
SOLD!
4950 W WATKINS I PHOENIX
$2,000,000
SOLD!
11140 N 136TH AVE I SURPRISE
$1,925,000
SOLD!
3401 E WIER DR I PHOENIX
$2,874,258
IN ESCROW
3161 N 35TH AVE I PHOENIX
20,000 SF
IN ESCROW
2001 W CHERYL DR I PHOENIX
26,416 SF
IN ESCROW
2515 N 34TH DR I PHOENIX
12,669 SF
LEASED
3130 W THOMAS RD I PHOENIX
SUITE 302 • 14,802 SF
LEASED
5511 N 51ST AVE I GLENDALE
43,764 SF
*All information furnished is from sources deemed reliable. No representation is made as to the accuracy thereof and it is submitted subject to errors, omissions, changes, or withdrawal without notice and to any special listings conditions, including the rate and manner of payment of commissions for particular offerings imposed by principals or agreed to by the company, the terms of which are available to interested principals or brokers. All dimensions are approximate. Owner and/or Broker make no representations expressed or implied as to the accuracy of floor plan/site plan dimensions.