Phoenix Q2 2021 Industrial Market Report
Last year marked one of the best years on record in the Phoenix industrial market, with the market anticipated to meet or exceed last year’s exceptional performance. The shift away from traditional brickand-mortar retail to online has generated demand for warehouse and distribution facilities. Roughly 35 million consumers can be reached within a single day’s truck ride from the Phoenix area, fueling the demand for industrial space amongst companies in the e-commerce, logistics, and construction industries.
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