PHOENIX, ARIZONA – NAI Horizon represented the seller in the $6.95 million ($139 PSF) sale of a 50,000-square-foot tractor trailer repair and maintenance building in Phoenix. NAI Horizon Senior Vice President Isy Sonabend represented Wabash National Trailer Centers, Inc. of Lafayette, Indiana, in the sale of the trucking facility at 2830 S. 51st Ave., to […]
Phoenix Trucking Facility Fetches $6.95 Million Read More »
PHOENIX, ARIZONA – JLL is reporting vacancy in the Phoenix industrial market fell to 7.3 percent, now just 100 basis points above its lowest point. With only 817,712-square-feet of new deliveries and 1.3 million square feet of net absorption, vacancy inched down a mere 10 basis points. Despite a seemingly lackluster quarter, demand remains healthy.
Phoenix Industrial Vacancy Falls to 7.3%, new construction will ease supply constraints Read More »
Large Tenants Push 2017 Net Absorption to Decade High Level Phoenix, Arizona – The Greater Phoenix industrial real estate market posted a strong fourth quarter finish to 2017, which was one of the city’s historically best years. Net absorption was the strongest in a decade, absorbing robust construction completions and pushing the vacancy rate to
Greater Phoenix Industrial Vacancy Drops to Lowest Level in 10 Years Read More »