Phoenix industrial real estate market gains strength in 2026
REITs have outperformed broad market equities year to date, with the FTSE Nareit All Equity REITs Index posting a total return of 3.8%, Nareit reported. During the same time period, the Dow Jones U.S. Total Stock Market fell 4.0% and the Russell 1000 fell 4.2%. However, Nareit’s John Barwick cited “significant uncertainty affecting all asset classes” in the past month as the war with Iran has continued. Before the conflict began, most REIT sectors had…»
Buckeye rezones 2,000 acres for industrial employment corridor
The West Valley city of Buckeye has rezoned a nearly 2,000-acre chunk of land, setting it up for a major industrial employment corridor. Buckeye City Council unanimously approved items related to the Grand View Buckeye development during an April 7 meeting, starting with a request to annex most of the site – about 1,918 acres – into the city’s jurisdiction and out of Maricopa County’s. Councilmembers then approved rezoning the entire 2,271-acre site to Community…»
Turf Paradise may relocate under new owner over land issues
Turf Paradise is under new ownership, and in a few years it’ll likely have a new location as well. Why it matters: Moving Turf Paradise would bring the end of a long era for that region of north Phoenix, which has been home to the racetrack for generations. State of play: Former owner Jerry Simms sold the historic horse track last year, and its 70th season began under new management in November. But Simms still owns the land near 19th Avenue and Bell Road in north Phoenix…»
Mid-America Apartment Communities commits to Sun Belt despite cooling rent growth
The Sun Belt apartment boom has cooled, but Mid‑America Apartment Communities isn’t backing away from the region. Instead, the country’s largest Sun Belt landlord is changing its playbook as rent growth slows and competition for tenants intensifies. Mid-America is signaling that the current slowdown is changing how landlords compete for tenants, rather than a pullback from the regions where multifamily companies invest. The…»
How bank reserve changes could fuel a CRE lending surge in Q2
Phoenix’s industrial real estate market entered 2026 with strong momentum, fueled by innovation-driven economic growth, major semiconductor investment and steady demand from logistics and advanced manufacturing companies, according to a report from Kidder Mathews. While construction activity has slowed, leasing activity and absorption levels suggest the Valley’s industrial sector remains one of the most dynamic in the nation...»