Phoenix Investors

The availability and reliability of electric and natural gas utilities should be a top concern for project stakeholders during the site selection process for new factories, warehouses, and other industrial buildings. As modern industrial facilities trend toward more automation, finding or constructing buildings that can handle the increased power needs of automation technologies is essential. Yet, locating sites capable of supporting heavy automation is an ongoing challenge in the United States as businesses seek to reshore operations and build resiliency into supply chains. The New ... Read More

During the height of the pandemic, skyrocketing ecommerce activity created skyrocketing demand for fulfillment centers around the United States. As a result, vacancy rates for industrial real estate fell below 1% in key markets. Developers and investors went all-in on speculative projects as they tried to keep pace with growing demand. Then, in 2023, the economy took a negative turn, and consumers pulled back on their spending. The national vacancy rate for industrial properties hit 5.2% at the end of 2023 as retailers got rid ... Read More