Over the past five years, the amount of new industrial properties built in the Phoenix metropolitan area has been staggering, totaling more than 120 million square feet, an amount equivalent to the size of all existing industrial properties in the city of Atlanta.
As unleased logistics developments flood Phoenix market, local small-bay projects outperform in leasing
Vacancy rates of newly built small-bay properties are a fraction of those for bulk logistics projects
CoStar Analytics
December 9, 2024 | 8:35 P.M.
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IN THIS ARTICLE
- Properties
- Bldg 3
3380 Power Rd, Gilbert, AZ