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Fervent Investor Demand for Phoenix Industrial Properties Fuels Record Prices, Sales Volume

CoStar Market Insights: Sales Volume Exceeded $2 Billion in 2018 Even as Industrial Prices Surpassed Pre-recession Levels
By Michael Petrivelli
January 9, 2019 | 4:45 P.M.

In 2018, Phoenix’s fast-growing population, low cost of doing business and proximity to California and Mexico generated plenty of investor interest in warehouse and industrial facilities as nearly $2.2 billion in property traded hands, an all-time high for the market and an increase of approximately 65 percent from 2017.

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