industrial outlook phx q1 2014...1('# $#?q'(-'# # # # #;]:] @] $

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Industrial Outlook !"#$%&' ) *+ ,-+. Smaller tenants make up for their relatively quiet, larger counterparts /,0122, 34567$ 8$$9 #8 9#96: %$9 6;3#7<9&#% 9"&3 45679$7 =#96: &%>5397&6: ?6@6%@A ?6::$ABC&>$ &%@"$> 5<C67> 9# +,D- <$7@$%9 >5$ 9# 9"$ :6EE&%E F6%586@957&%E 3$@9#7

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Page 1: Industrial Outlook Phx Q1 2014...1('# $#?Q'(-'# # # # #;]:] @] $

Industrial Outlook !"#$%&'()(*+(,-+.(

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Page 2: Industrial Outlook Phx Q1 2014...1('# $#?Q'(-'# # # # #;]:] @] $
Page 3: Industrial Outlook Phx Q1 2014...1('# $#?Q'(-'# # # # #;]:] @] $

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Page 4: Industrial Outlook Phx Q1 2014...1('# $#?Q'(-'# # # # #;]:] @] $

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Page 6: Industrial Outlook Phx Q1 2014...1('# $#?Q'(-'# # # # #;]:] @] $

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Page 7: Industrial Outlook Phx Q1 2014...1('# $#?Q'(-'# # # # #;]:] @] $

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

Phoenix industrial capital markets overview

Phoenix select sales ?Q'01R'#.12'.#G0)J'#KGL.LMLN#1(,#J1G#01/'.#

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Appendix

Page 9: Industrial Outlook Phx Q1 2014...1('# $#?Q'(-'# # # # #;]:] @] $

!""# #$%&'()*#+(,-./0)12#3-/2&&4# #56#7869###:#

Phoenix industrial market statistics

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Page 10: Industrial Outlook Phx Q1 2014...1('# $#?Q'(-'# # # # #;]:] @] $

!""# #$%&'()*#+(,-./0)12#3-/2&&4# #56#7869###68#

Phoenix industrial market statistics

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!""# #$%&'()*#+(,-./0)12#3-/2&&4# #56#7869###66#

Phoenix industrial market statistics

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!""# #$%&'()*#+(,-./0)12#3-/2&&4# #56#7869###67#

Phoenix industrial buildings with large block availabilities

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Page 13: Industrial Outlook Phx Q1 2014...1('# $#?Q'(-'# # # # #;]:] @] $

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Phoenix industrial construction map

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Page 14: Industrial Outlook Phx Q1 2014...1('# $#?Q'(-'# # # # #;]:] @] $

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