Download our latest Industrial Market Report for a in-depth look at what is happening in the Phoenix Metro Industrial sector. To receive all our market reports as they are released, simply subscribe to our blog by entering your email in the form to the right to have updates sent directly to your inbox!
Download our latest Industrial Market Snapshot for a quick look at what is happening in the Phoenix Metro Industrial sector. To receive all our market reports as they are released, simply subscribe to our blog by entering your email in the form to the right to have updates sent directly to your inbox! 
Be sure to check out our latest Industrial Market Report featuring insight from industrial agents Rick Foss and Brock Amundson.
“Year end results for 2014 in the valley’s industrial market give reason for optimism for 2015. The sector experienced over 7 million SF of net absorption in 2014, the strongest growth since 2005. This is a significant feat considering that 6.38 million SF of new construction was delivered in 2014. This marks the highest amount since 2008. Additionally, another 2.76 million SF is currently under construction as of the beginning of 2015. Further proof of the improving market was seen with a 3.5% increase in rental rates, for 2014, the third straight year of raising rents. This continued improvement is due in part to an improving economy, tightening of available product and job growth; the unemployment rate dropped to 5.9% from 6.8% at the mid-year point.”