A new industrial developer has arrived in Arizona, and it’s one that is going to be popping up more and more across the Phoenix market. US Capital Development, which is…
CBRE announced Cranial Technologies, Inc. signed a 20,893 square-foot lease at Lotus Project in Chandler, Ariz. The company will use the space to manufacture and distribute their signature DOC Band,…
CapRock Partners, a leading industrial investor, developer and asset manager in the Western U.S., today announced the development commencement of CapRock West 202 Logistics, the largest speculative industrial real estate project…
Across the top 30 markets CommercialEdge surveyed for its newest report, asking rents for industrial space averaged $6.31 per square foot in July and Phoenix led the nation with 24…
Phoenix saw the second-most data center leasing activity in North America in the first half of 2021, according to CBRE’s latest North American Data Center Trends Report. Phoenix had 20.0 megawatts (MW)…
Trammell Crow Company (TCC), one of the nation’s largest commercial real estate developers, has announced plans for the second phase of development at Park Aldea in Phoenix’s growing West Valley…
On behalf of Baker Development Corporation (BDC), the Phoenix office of JLL has completed an 81-acre land acquisition for the development of a $150 million industrial park. Named Cactus 303, the project…
Creation, in partnership with CrossHarbor Capital Partners, recently closed on 170.25 acres at the southeast corner of Yuma Road and Bullard Avenue, adjacent to the Phoenix-Goodyear Airport in Goodyear, Ariz.…
Phoenix-based GO Industrial has embarked on its first metro Phoenix development, purchasing 77 acres in the West Valley submarket for the development of GO | 99. The new project will…
Lease rates for industrial space in June were 4.2% higher year-over-year (Y-o-Y), averaging $6.64 per square foot, according to the monthly national industrial report from CommercialEdge. And, with West Coast port…
The Greater Phoenix industrial market is setting records in many categories, according to a report from Colliers. Construction of new projects has hit a historic record with approximately 19.1 million…
Tight vacancies and high demand are sparking bidding wars for industrial space across the U.S., driving both asking and taking industrial rent growth to new highs.
