The Land Letter

The Land Letter

Phoenix CRE Brief | Phoenix & Arizona Land Broker Insights - 10/29/2026

A brief summary of commercial real estate activity in the Phoenix Metro

Ramey Peru's avatar
John finnegan's avatar
Ramey Peru and John finnegan
Oct 29, 2026

Executive Summary

  • Owner-users and specialized manufacturers are setting the industrial agenda. Discount Tire paid $64 million for a 290,000 SF West Valley warehouse ($220.69 per SF), Honeywell Aerospace committed $500 million to a 300,000 SF plant in Tempe, and DPR Construction leased 322,000 SF at Papago Commerce Center to make data center cooling panel…

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