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Ecommerce users are driving leasing activity in the Phoenix industrial market—specifically in the Southwest Valley submarket. According to a second quarter report from JLL, 39% of industrial leases and 1.6 million square feet of industrial space in the second quarter was signed to ecommerce users, compared to 7% of leases signed to logistics and distribution users. More than 35% of the leasing activity occurred in the Southwest Valley, accounting for 587,260 square feet of absorption in the Phoenix market.

“Retailers and other service providers are reacting to the new consumer who demands: what I want; where I want; when I want,” Anthony Lydon, managing director at JLL, tells GlobeSt.com. “In order to accommodate a myriad of products and deliver through a seamless omnichannel experience, retailers/shippers must have scaleable and variable operations for first-mile activities—items that are received from shipping ports, manufacturers and assembly sources—as well as last-mile fulfillment facilities, which are smaller in size and located proximate to population density.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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