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Phoenix Industrial Market Posts Record Results

The Greater Phoenix industrial market posted its strongest quarter on record for industrial property investment sales, according to a report released by Colliers. Net absorption during first quarter w

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Summary

The Greater Phoenix industrial market posted its strongest quarter on record for industrial property investment sales, according to a report released by Colliers.

Net absorption during first quarter was more than three and a half times the 1.

38 million square feet of new supply delivered during the period, pushing vacancy down to 9.2 percent. Investment...

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