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-generated e-commerce demand has taken our already-strong Phoenix industrial market and catapulted it into a new stratosphere of opportunity, particularly for the warehouse, manufacturing and last-mile distribution product types.
With businesses and people moving to Arizona at record rates, we expect rents to continue to grow, vacancies continue to fall and buyer demand to remain strong for the foreseeable future.
This can make it challenging to lease or buy space, but Citywide can help. Contact us any time for one-on-one insight and an insiders track on market availability. If you are an owner who has been considering a sale, we have investors who want to buy!
Call today and let us help you capitalize on record-high demand.