Phoenix Industrial Outlook

Phoenix Industrial Projects & News

• Metro Phoenix posts historic level of industrial completions
• Phoenix Industrial Sector Leads Nation
• This Mesa ZIP has the most spec industrial activity in the country, report says
• Phoenix ranked No. 1 in nation for manufacturing growth, report says
• Nearly 50 Phoenix metro industrial buildings delivered at the end of 2023
• ViaWest Group Acquisitions and Developments
• Kensington Vanguard: Phoenix Suns, Mercury announce plans for new $100 million facility
• DIV Industrial buys 47 acres in Goodyear to build Sarival Business Park
• Kohler secures federal funding for decarbonization at huge Arizona plant

Why You Won't Want To Miss This CRE Deal-Making Conference:

What You’ll Learn From Phoenix CRE Leaders At This Event:

• How does Phoenix's industrial market adapt to the dynamics of national trends, and what strategies have contributed to its resilience and growth amid broader economic challenges?
• What are the factors contributing to the thriving industrial space occupancy in Phoenix, and how does it compare to the national decline?
• What are the key factors contributing to metro Phoenix's top rank in industrial deliveries, and how is this trend expected to evolve in 2024?
• What collaborative efforts are being undertaken by government entities, businesses and the real estate sector to ensure the long-term success and resilience of the industrial market in Phoenix? How do these efforts contribute to the overall economic landscape of the region?
• How have investor sentiments changed regarding the Phoenix industrial market, and what factors contribute to the market's attractiveness for potential investors?
• How has the delivery of new inventory impacted the vacancy levels in metro Phoenix?
• What specific industries are contributing to the growth in occupied industrial space, and how have tenant demands evolved in response to changing market conditions?
• How has the availability of industrial space evolved, and what impact has it had on lease rates and negotiations in the Phoenix industrial market?
• How is the demand for smaller industrial spaces affecting leasing trends in the Valley, and what are the expectations for the coming year?
• Given the slowdown in demand for the largest warehouses, what factors drive the continued strength in leasing for smaller industrial spaces across the Valley, particularly in the southeast valley?
• What role has Phoenix-Mesa Gateway Airport played in the growth of spec industrial space, and how has the inventory changed since 2019?
• How is manufacturing job growth impacting metro Phoenix's overall economic landscape, and what are the projections for job gains in the manufacturing sector?

How You'll Do More Business From Attending This Summit: Phoenix's industrial market is experiencing a robust and dynamic period characterized by record demand and increased supply, despite declining national trends. Amidst a historic level of industrial completions, the market has added staggering levels of new supply, establishing a new pinnacle. The Valley had about 40M SF of space under construction in Q4 2013 while about 6.3M SF of space started construction, showing that developers are still bullish on Phoenix. Phoenix's smaller leases, manufacturing job growth and thriving occupancy rates position the city as a powerhouse in the industrial landscape, maintaining its momentum with optimism and promise for the future.

Who You'll Network With At This Discussion: Owners, developers, investors, brokers, public officials, architects, tenants, engineers and providers moving the industrial market forward. 

Why You Should Attend This Session: Bisnow events bring together the biggest power players in the industry to identify opportunities, build your network and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than us.

For questions, recommendations, comments or press inquiries please email our event producer, Kay VanAsdale at kay.vanasdale@bisnow.com. To request disability-related accommodations, please contact rachel.sundin@bisnow.com no later than seven business days before the event.

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