Media Inquiries
Mary Beth Campbell
Communications Manager
602.222.5083
SINCE 2001
From the mid to late 1980s into 2001, land in the Southwest Valley was a sleeper as it related to industrial development throughout Metro Phoenix. The abundance of land in this corridor kept prices flat as development moved west into Tolleson, Avondale, Goodyear and Buckeye. Prices stayed in the $1.75 - $2.00 psf range from the late 1980s into the new century (2001). This flat land price and relatively constant construction cost allowed developers to take the same project further west and capture the same rents. In this scenario a no....
