There was a 35 percent difference between the pro-forma rent, or what a developer could reasonably expect to charge in rent, compared with the break even rent, which is what a developer would need to simply cover costs.
Arizona Industrial Properties
As one of the Valley's premier experts in light industrial property leasing, property sales, property management and property acquisition, Arizona Industrial Properties developed a long family tradition as a leader in Arizona's commercial real estate market with conveniently located properties...
5100 N. 40th Street
Phoenix, Arizona 85018
Fax: (602) 438-7940