Concurrent sessions covered the latest in multifamily trends,identifying opportunities in an extraordinarily active market andupdates in office leasing and capital availability. Meanwhile atrend-oriented town hall meeting explored facts and fiction aboutthe market, with a focus on the West Valley. RealShare Phoenix,along with other RealShare events nationwide, is produced byReal EstateMedia, publishers of GlobeSt.com, GlobeSt.RETAIL, RealEstate Forum magazine and other print and online publicationsdevoted to commercial real estate.

The conference opened with a "fact or fiction" session,answering questions about if $45-plus per sf leases will emerge inthe Camelback submarket and if the new Arizona State Universitycampus and planned light rail would revitalize the CBD. LincolnProperty Co. executive vice president David Krumwiede and AlterGroup senior vice president Kurt Rosene took different sides on theissue that Phoenix was on a fast track to becoming the next InlandEmpire. Neither denied that, for various reasons, the industrialmarket is enjoying a boom.

Krumwiede pointed out that Phoenix's positioning just a handfulof hours from the ports of Long Beach and California makes it anatural progression for companies shipping cargo east. "The fact isthe Inland Empire is built out and it's full. People are looking toPhoenix," he said. "It's less expensive here. And there'sspace."