Gorbel Inc., one of the nation’s leading crane technology, ergonomic lifting and tether track fall arrest safety system manufacturers, has leased space for its third North American manufacturing facility at…
Sizeable e-commerce leases signed in Phoenix in 2018 are helping to fill millions of square feet of new industrial space – particularly in the Southwest Valley – according to the Q2…
Industrial demand remains high following a record 2017 with the Sky Harbor and Southeast submarkets experiencing most of the activity since the last downturn, but demand is outpacing the current…
Lee & Associates Arizona Principals Mark Linsalata, Patrick Dempsey and Jan Fincham arranged the sale of Cornwell Technology Center in Scottsdale, Ariz. for $9.9 million. The Lee & Associates team…
North Phoenix, specifically the Deer Valley area, is proving to be a hot spot for industrial real estate, according to DAUM’s Vice Presidents Chris Rogers and Trevor McKendry. As investors…
NAI Horizon represented the seller in the $6.95 million sale of a 50,000-square-foot tractor trailer repair and maintenance building in Phoenix. NAI Horizon Senior Vice President Isy Sonabend represented Wabash…
Projected rents are more than adequate in many markets to justify additional development of warehouses and distribution centers, according to a new report from CBRE. Furthermore, Phoenix is positioned as…
Sigma Contracting, Inc., celebrating its 35th anniversary, converted a distribution center into a manufacturing facility for Katerra, a technology-driven offsite construction company. The $7.9 million project at 624 N. 44th…
Colliers International recently released its 2018 Big-Box Market Report and the Phoenix big-box industrial market had a great year in 2017, with the bulk of the tenant leasing activity, new…
The Greater Phoenix industrial market continued improving during the first quarter of 2018, though net absorption has lagged behind 2017 levels. The remainder of 2018 will be a time…
CBRE negotiated the sale of a 198,771-square-foot industrial park located near Phoenix Sky Harbor International Airport. The Meritex Company, a Minneapolis-based commercial real estate investment company purchased the two-building…
Speculative development will provide much-needed space solutions as Phoenix’s industrial inventory tightens, says the Phoenix office of JLL in its just-released Q1 2018 Industrial Insight report. According to the report, although the Valley’s 1.3…
