Phoenix has been named a Top Industrial Market to Watch by Cushman & Wakefield. While major industrial and logistics markets capture most of the headlines, industrial occupiers and investors know that dozens of secondary markets are essential to supply chains in the U.S. Of the 81 industrial markets Cushman & Wakefield tracks, the firm selected five emerging industrial real estate markets outside of primary markets—these five markets to watch are based on key metrics from 2019 through 2021, including net absorption, new tenant demand, vacancy, rent growth, construction pipeline and deliveries.
Phoenix, Nashville, Columbus, Salt Lake City and Savannah rank as the top emerging industrial real estate markets in the country. These cities rank in the top 15 in three or more of the major real estate key performance indicators (KPIs).
Read Cushman & Wakefield’s extensive insights and data points for each of these thriving Industrial markets here.
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