The East Valley continues to play a central role in the Phoenix area’s industrial market as vacancy declines and demand remains strong heading into 2026, according to a new report from Colliers.
Much of that activity is concentrated in the Southeast Valley, where large-scale development over the past several years is now being absorbed as the market stabilizes.
Overall vacancy across the metro area fell to 9.7% in the fourth quarter, marking the third consecutive quarterly decline after peaking earlier in 2025.
The Southeast submarket — which includes much of the East Valley — continues holding a significant share of available industrial space, reflecting both rapid growth and strong ongoing demand…