How Phoenix ranks for 2021 industrial construction

By Corina Vanek | Phoenix Business Journal

The Phoenix metro is expected to add 18.4 million square feet of industrial space in 2021, placing the Valley second for industrial space coming online this year nationwide, after Dallas.

According to a study done by CommercialSearch using CommercialEdge data, Phoenix is projected to add 56 new industrial buildings this year, totaling 18.4 million square feet. That represents a 76% increase over last year, which was also a record in the Valley for industrial construction.

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