IndiCap

In Q3 of 2024, Phoenix earned the top spot among industrial markets in the U.S., as recognized by AZ Big Media. With 32.6 million square feet currently under development—representing an impressive 8.7% inventory expansion—Phoenix stands out as a leader in industrial growth, even amid generally declining pipelines across the nation. At IndiCap, we are proud to play a part in shaping this thriving market. The future of industrial development is here, and Phoenix is leading the way. Read more: https://brnw.ch/21wOZOA #IndiCap #IndustrialDevelopment #Phoenix

Last week, our team had the privilege of attending the AZRE PTK: People & Projects to Know in Commercial Real Estate event, hosted by AZ Big Media. We are thrilled to celebrate our very own Geovanni Villalta, who was recognized as a "Person to Know" in the industry! This recognition reflects Geovanni's dedication, expertise, and the positive impact he continues to make in the commercial real estate sector. We would also like to extend our heartfelt congratulations to all the exceptional professionals and projects honored at the event. It was inspiring to celebrate the achievements of so many individuals who are shaping the future of commercial real estate.

Phoenix was recently reported by AZ Big Media to be No. 2 in distribution and warehousing. Nationally, distributing represented a majority the largest industrial projects in 2024 - with Phoenix as one of the strongest in the market. #Phoenix #Warehouse #PhoenixWarehouse #IndustrialSpace

Last month, IndiCap’s Principal, Mike Chernine, spoke at the InterFace Phoenix Industrial Conference, hosted by Western Real Estate Business and the InterFace Conference Group. The event focused on industrial development and investment trends in the Phoenix region. Mike provided insights on the region's growing industrial market and shared his perspective on future opportunities. Thank you to all who attended and contributed to the discussions. #IndiCap #PhoenixIndustrial #InterFaceConference #RealEstate #InvestmentTrends | Bob O'Neill - CapRock Partners | Cooper Sutherland - Schnitzer Properties | Chuck Carefoot - Ryan Companies US, Inc. | Ryan Norris - Trammell Crow Company | Nicholas Ilagan - DIV Industrial | Thomas Jarvis - Willmeng Construction, Inc.

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Last week, in partnership with JLL, Invesco US, and Graycor, IndiCap held a broker open house for Virgin Industrial Park. The property is now leasing and includes three buildings totaling over million square feet. Learn more at: https://brnw.ch/21wNdRa #VirginIndustrialPark #IndiCap #OpenHouse #Phoenix

The Virgin Industrial Park I project in Glendale, AZ, is officially complete, adding over 1 million square feet of warehouse space across three buildings. This project meets the market's growing demand for both large and mid-size spaces, strategically positioning businesses for success in the region. We’re proud to contribute to the economic growth of Glendale and look forward to seeing how this new development supports the needs of the industrial sector. Learn More: https://brnw.ch/21wN3Xd #VirginIndustrialPark #Glendale #IndiCap

IndiCap's principal, Mike Chernine, will take the stage at the annual InterFace Phoenix Industrial Conference on September 13. Hosted by Western Real Estate Business and InterFace Conference Group, this premier event will offer valuable insights into industrial development and investment trends shaping the Phoenix region. Learn more at: https://brnw.ch/21wMiRq #IndustrialRealEstate #CRE #PhoenixIndustrialConference #LeadershipInCRE ?#InterFacePHXindustrial

IndiCap welcomes Rexel USA, as the first to lease at Eastmark Center of Industry. The Dallas-based electrical supply distributor signed a 42,084-square-foot lease and will be located in building A. Learn more at: eastmarkindustrial.com #EastmarkCenterofIndustry #Eastmark #Rexel #PhoenixBusinessJournal