Buildout expenses, improved financing and elevated vacancies are creating a prime scenario for those wanting to own their metro Phoenix industrial real estate. Phoenix developers are taking note of this trend as well, and it is quietly (or not so quietly) shaping 2026 strategies.
While leasing offers advantages like speed-to-market and flexibility — factors that are critical for some tenants — buying gives a company control of their building investment.
That’s an increasingly important consideration in an industry where users often have to invest $10 million, $20 million, even $50 million or more to create modern, competitive facilities. From state-of-the-art manufacturing equipment to automated racking and picking systems, it’s no surprise that businesses use ownership as a way to minimize their risk-to-investment ratio…