December 22, 2024 6:40 pm
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Ryan Companies to build $500 million in speculative industrial space in the Valley

(Photo courtesy of Ryan Cos.)

By Corina Vanek | Phoenix Business Journal

Even after years of record-breaking industrial activity in the Phoenix market, the demand for speculative space remains high.

Before the pandemic, Minneapolis-based Ryan Companies, which had traditionally been an office developer in the Phoenix market, started developing speculative industrial space, said Josh Tracy, vice president for real estate development for Ryan Cos. in Phoenix.

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