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 […]

That Giant Tucson Project? Yeah, It’s Amazon

The Tucson area has been abuzz with speculation about a massive (technically) speculative warehouse/distribution center project being planned for Century Park Research Center/Port of Tucson that would have a footprint of between 800KSF and 1MSF. We’re sorry for being a couple days late to the party, but AZBEX can confirm plans are in the works; […]