Though a surge in construction over the past five years has caused Phoenix industrial vacancy to climb into the double digits, there is one segment of the market at record lows: megawarehouses.
The Phoenix industrial market has a shortage of megawarehouses
Direct vacancy for logistics properties 500,000 square feet or larger hits record low
CoStar Analytics
August 14, 2026 | 5:11 P.M.
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IN THIS ARTICLE
- Properties
- Building D
Reems Rd & Northern Pky, Waddell, AZ
- Building C
7200 Sarival Ave, Litchfield Park, AZ
- Building 1
17210 Olive Ave, Waddell, AZ
- Building 2
17240 Olive Ave, Waddell, AZ
- Southern Industrial Center
24105 Southern Ave, Buckeye, AZ
- Companies
- Walmart Inc.
Retailer
- Dollar Tree, Inc.
Retailer
- DHL Group
Transportation and Warehousing
- Amazon
Retailer