PHX Industrial Market Surges During Pandemic

Source: Colliers International  The Greater Phoenix industrial market has surged during the COVID-19 pandemic, driven largely by the country’s increased use of e-commerce and elevated grocery shopping while restaurants were closed. Completion of new industrial projects in 2020 has been the strongest year in more than a decade.  Arizona’s business-minded approach led to more companies remaining open during the pandemic. The Trade, […]

CapRock Has Major Phoenix Plans

By Kelsi Maree Borland for GlobeSt.com  The pandemic isn’t deterring investment in Phoenix, at least not for CapRock Partners. CapRock has pinpointed Phoenix as a target market for industrial investment and development, and it expects the market to continue to benefit from longstanding population and job growth trends, despite the pandemic.  “The demand drivers of Phoenix are very attractive […]

SkyBridge Creates Opportunity to Grow Other Sectors

By Erin Thorburn for AZ Big Media Erik Lee, executive director for North American Research Partnership, summarizes the impact very succinctly. “SkyBridge is the most consequential Mexico-Arizona business project in this part of Arizona,” Lee states emphatically. SkyBridge marks the nation’s first inland air cargo hub to house a joint United States-Mexico customs facility. The recent groundbreaking […]

New UPS Hub To Add Ecommerce Capacity

Source: UPS Last week UPS announced plans for a new package processing hub in Goodyear, near the Loop 303 Freeway and I-10. Ecommerce already has changed the local landscape as UPS expands its capability for Saturday ground delivery and pickup service that began last month in Mesa and started June 3 in Phoenix. Saturday services […]