November 5, 2024 5:20 pm
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Phoenix’s big-box industrial market had strong 2017

Above: Graycor completed shell construction on the 480,000-square-foot Building III at Prologis Park Riverside, located at 55th Avenue and Lower Buckeye Road in Phoenix./AZBigMedia

AZBigMedia

Colliers International recently released its 2018 Big-Box Market Report and the Phoenix big-box industrial market had a great year in 2017, with the bulk of the tenant leasing activity, new development and building sales concentrated in the West Valley. Solid market dynamics, a good labor pool and new infrastructure development are contributing to the health of the Phoenix market. Freeway expansion of both the Loop 202 and the Loop 303 will improve access to a number of submarkets in the area and will continue to open up new industrial development opportunities. 

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.