PHOENIX—The second quarter outlook for the Phoenix industrialsector is looking quite positive. GlobeSt.comcaught up with Mike Parker,CBRE's first vice president, industrial services,to get his take on the numbers.
GlobeSt.com: What are some of the healthierindustrial Valley submarkets and why?
Parker: The entire Metropolitan Phoenixindustrial market saw 2.1 million square feet of positive netabsorption in Q2 2014. Of that 2.1 million, 1 million square feetof net absorption occurred in the Southwest Valley andapproximately 850,000 square feet of net absorption in theSoutheast Valley.
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