What Makes Arizona a Strong Spot for Industrial Space Deals?
Arizona is certainly a magnet for investors. Companies and workers tend to gravitate there, which generates constant demand for commercial space. Phoenix is the dragoon of the state; emerging subdivisions unfurl across the area. Retail strips, health care centers, gyms, and local stores come along with roofs; if there are people, there is business and excitement as well. Active as well are Tucson, Mesa, Chandler, and Scottsdale. Typically, suburban trade districts tend to get filled up before downtown towers can rent high. Good parking, shorter drive times, and newer builds outdo previous-generation, tall buildings. Most importantly, industrial space plays the best role. Arizona's land mass and major highways, coupled with generally open zoning, invite the entry of logistics firms, factories, repair shops, and regional storage hubs. Such tenants usually take longer leases and require fewer custom build-outs. This minimizes expenses on turnover for owners. Retail demand seem...