Phx Industrial Pipeline Reaches 10-year High

Source: JLL According to the Q3 Industrial Insight report from the Phoenix office of JLL, metro Phoenix now has more than 10MSF of industrial space under construction – the highest level of year-to-date construction activity since 2007. Despite still-rising construction costs, the JLL report cites in-migration and a growing pool of skilled labor as key […]

Land Bought for Major Loop 303 Industrial Project

Source: Lincoln Property Company Lincoln Property Company has closed on 71.5 acres in Glendale for $11.7M, initiating development of Park303. The new $115M speculative Class A industrial project will have the flexibility to include two buildings totaling 705.5KSF and 488.9KSF, or combine into one single building totaling almost 1.26MSF. Park303 is located between Bethany Home […]