Phoenix Is a Key Industrial Buy Market

Tina Lichens

Phoenix is among the top buy markets for industrial investment, according to new research from Real Capital Markets. The market is outpacing national activity and has a long runway a head as it was late out of the recession. Phoenix has also boasted a dynamic industrial user base, with both ecommerce and manufacturing activity. This all bodes well for industrial investors looking to place capital.

“One of the great attributes of the Phoenix marketplace is the accessibility to the southwest region,” Tina Lichens, COO of Real Capital Markets, tells GlobeSt.com. “Approximately 40 million people are within a day’s drive, making it ideal for distribution purposes. For that reason, along with the overall strength of the local and state economy, many of our contacts believe, the runway could have as much as 24 to 30 months of time left.”