Post by Marc Hertzberg, SIOR

If you've been waiting for confirmation that the Phoenix industrial market has stabilized, here it is. Phoenix ranks No. 7 in the nation for industrial investment, and the trajectory is unmistakable.   We've moved past the overbuilding cycle of 2023-2024. Vacancy is dropping fast—down nearly 200 basis points in 2026 alone—and rents have climbed above previous peak levels. With only 6 million square feet delivered against 11.3 million absorbed, demand is clearly outpacing supply.   What excites me most is the quality of that demand. Phoenix is no longer a one-dimensional logistics market. We're attracting advanced manufacturing (hello, TSMC), reshored supply chains, and a broadening base of industrial users that insulates us from the boom-bust cycles of the past.   The West Valley remains perfectly positioned to capture this next wave of growth. If you're evaluating site selection or expansion in the Southwest, let's talk.   #IndustrialRealEstate #PhoenixCRE #WestValleyAZ #MarketTrends #LogisticsRealEstate https://lnkd.in/eFUkswzq