DEVELOPMENT, INVESTMENT, LEASING ACTIVITY & CURRENT TRENDS IN A BOOMING MARKET

What You’ll Learn:

• Companies are expanding their footprints in Phoenix at a breakneck pace. The Valley’s rapidly growing consumer base, as well as trends accelerated by the pandemic, have bolstered the need for industrial space. How are developers keeping up with this surging demand?
• Which submarkets in Metro Phoenix market are seeing the greatest growth and activity?
• Ongoing supply-chain issues are causing long wait times and shortages of key materials for industrial projects in the Valley. What impact is this having on project timelines and how is this affecting tenant move-in dates?
• How has inflation impacted investors’ willingness to spend money on industrial projects in the Phoenix metro, which saw a total of nearly $5 billion in industrial investment in 2021?
• With the low cost of doing business, proximity to major regional markets, and favorable demographics, investors and developers are highly attracted to the Phoenix industrial market. Will the tremendous growth of the market continue or are we expecting a slowdown in the near future?