Phoenix Industrial Sector Builds on Recent Successes

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By RealEstateRama -

Phoenix, AZ – January 19, 2012 – (RealEstateRama) — The Phoenix Industrial Market continues to build on last quarter’s success as figures show a strong reduction in overall vacancy and a strong rise in absorption. Rental rates have rebounded slightly from their low point in the second quarter of 2011. Along with this good news are a few sobering facts which still point to a sector that continues to struggle to return to historic norms.

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