Phoenix Industrial Submarket

Deer Valley & North Phoenix Industrial Real Estate

Deer Valley is North Phoenix's established industrial core, built around the I-17, Loop 101, and Deer Valley Airport. The submarket serves contractors, aerospace and technology manufacturers, and service companies that need to be close to the Valley's northern rooftops.

TSMC's investment north of the Loop 303 has pushed new supplier demand into the I-17 corridor, tightening an already supply-constrained submarket. We have closed sales and leases throughout Deer Valley and track the corridor's inventory closely.

Our track record in Deer Valley / North Phoenix

25+

Transactions Closed

Sales and leases our team has completed in Deer Valley / North Phoenix.

305K SF

Square Feet Transacted

Building square footage across those transactions.

$62M+

Sale Volume

Closed sale consideration in the submarket.

FAQ

Frequently asked questions

Answers to common questions from industrial owners, buyers, landlords, and tenants in the Phoenix market.

How has TSMC affected North Phoenix industrial real estate?+

The semiconductor fab and its supplier network have added a new layer of demand for manufacturing and lab-capable space across North Phoenix. Suppliers competing for a limited pool of buildings have pushed rents and sale prices up throughout the I-17 corridor.

What building types are available in Deer Valley?+

Deer Valley stock is mostly mid-size — multi-tenant industrial parks, freestanding owner-user buildings, and flex/R&D product. Large blocks are scarce, which is why well-located buildings rarely stay on the market long.

Do you work with owner-users buying in North Phoenix?+

Yes. A large share of our Deer Valley transactions are owner-user purchases and sales. We help buyers underwrite total occupancy cost against leasing and help sellers position buildings for the owner-user premium.

Next Step

Thinking about a move in Deer Valley / North Phoenix?

Whether you are buying, selling, leasing, or just want to know what your building is worth, we can walk you through current pricing and availability in the submarket.