industrial market Archives

2017 Outlook: Industrial absorption could see rise

industrial absorption
by in AZRE Magazine | Industrial

Industrial vacancy rates returned to single digits for the first time since the third quarter of 2007 and the Valley’s market is expected to remain hot. Cushman & Wakefield reports overall asking rent rates in the Phoenix Metro reached its highest rate of $0.56 since Q3 2009. According to the same report, 15 of the… Read More →

Phoenix industrial markets continue to break ground

Source: Lee & Associates Q1 Report The Phoenix industrial market continued to improve in the first quarter of the year, posting its lowest percentage vacancy (11.8%) since Q1 2008. In that 7-year time period, the Valley’s industrial inventory gained over 32 million SF of warehouse/distribution, manufacturing and flex space. The most recent seven quarters have… Read More →

ACBA: Will 2015 be a sticker shock year?

The Arizona Commercial Brokers Association (ACBA) has released its 2014 transaction recap, reporting more than 380 completed industrial sale/lease transactions totaling over 3 million square feet in Phoenix in the past 12 months. Made up of veteran brokers from independent to regional firms, ACBA provides on-the-ground insight about the group’s major client demographic: the mid-market industrial user.… Read More →

Cushman & Wakefield Research Shows Continued Progress for U.S. Industrial Market

by in AZRE Magazine | Brokerage

Construction Pipeline Ramps Up to Meet Strengthening Demand Robust absorption, declining vacancies and rising rental rates reflect continued progress for the U.S. industrial real estate market through the first quarter of 2014, according to commercial real estate services firm Cushman & Wakefield’s latest research findings, released this week. And while tightening supply may have contributed… Read More →

Mostly Positive Indicators Show Strong Phoenix Industrial Market

  The Phoenix industrial market continues its convincing march toward recovery by reaching several important milestones. As a more resilient sector during the recession, the industrial market was not plagued with as much bad debt and CMBS loan defaults as others sectors. Industry experts concluded that the industrial sector would recover faster as favorable economic… Read More →

Phoenix Industrial Market Absorption Strongest Since 3Q 2006

by in Brokerage | Business News

The Phoenix industrial market continues to move forward by posting impressive figures in the second quarter. After last quarter’s slower-than- expected results that mirrored other commercial sector slowdowns, the industrial sector proved again its remarkable ability to rebound. Vacancy, absorption, lease activity, sales activity and rental rates were all in positive territory. With so much… Read More →

CBRE Releases 1Q 2012 Analysis Of Metro Phoenix Office, Industrial And Retail Markets

by in Brokerage | Business News

CBRE has released its 1Q 2012 market analysis of the metro Phoenix area office, industrial and retail sectors.  Report highlights include: Office The overall office market vacancy rate increased modestly in the first quarter of the year, rising from 25.5% at year-end 2011 to 26.1%. While vacancy remains high, the Phoenix area ranked fifth among… Read More →