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Development activity is soaring in the Southwest markets. While Los Angeles saw the most development activity this week, Phoenix remains a steep competitor for the top spot. Most significantly, Phoenix has its first speculative industrial build, illustrating the increase in demand. Multifamily development continues to dominate new construction throughout the area. This week, there was also significant deal activity and employment news. Here’s a look at this week’s trends, announcements and deals that you may have missed in Southern California, Utah, Arizona and Nevada.

BY THE NUMBERS

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

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