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This Warehouse Deal Shows Industrial Property Is Still in Demand Despite Amazon Pullback

Third-Party Logistics Firm Inks Major Lease Near Phoenix as Other Businesses Clamor for Warehouse Space
NPSG Global plans to move into this building in Goodyear, Arizona, in October. (CoStar)
NPSG Global plans to move into this building in Goodyear, Arizona, in October. (CoStar)

Logistics behemoth Amazon may be easing its space expansion after doubling its already massive warehouse presence, but a big lease outside Phoenix shows why some other businesses are racing to take more available logistics property as developers struggle to keep up with torrid industrial demand across the United States.

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