May 4, 2024 12:24 pm
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Phoenix on track for record levels of industrial construction in 2020

By Corina Vanek | Phoenix Business Journal

Phoenix is on track for a record level of new industrial supply to be completed in 2020, but so far new supply has outpaced demand, according to CoStar research.

Nearly 9.6 million square feet of industrial space has been completed in 2020, with another 10.6 million square feet still under construction, according to data compiled by Jessica Morin, director of market analytics for CoStar in Phoenix.

Read the full subscription story from the Phoenix Business Journal.

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