Phoenix a Top ‘Buy’ Market for Industrial Real Estate

By Corina Vanek | Phoenix Business Journal

Phoenix is among the top markets to buy industrial real estate, according to a new report from Ten-X Commercial, an online real estate transaction platform.

According to the report, Phoenix is the third-best “buy” market nationally, with rents per square foot expected to increase 4.6% during the next three years, reaching $6.65 by 2022. Both Los Angeles and Sacramento ranked above Phoenix as “buy” markets, with rents in those markets expected to increase 9.1% and 6.7% by 2022, respectively.

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