The team at Commercial Properties, Inc./CORFAC International (CPI) has been busy closing deals. CPI wrapped up Q2 2026 with 250 industrial transactions totaling over 1 million square feet. The numbers show a market that is actively correcting and absorbing space at an impressive clip.

Take a look at the Valley’s mid-year fundamentals:
Vacancy is Dropping: Total vacancy fell to 10.6%, representing a 14% decrease from the 12.4% vacancy rate we saw this time last year (Q2 2025).
Absorption is Surging: Net absorption skyrocketed to a positive 6,152,987 SF for the quarter—nearly doubling the 3.4 million SF absorbed in Q2 2025. User demand remains incredibly resilient.

Here are a few of CPI’s top industrial transactions that closed this quarter:
🔹 Tempe (Sale): 1410 W Auto Drive | 26,492 SF | $6,000,000
🔹 Phoenix (Lease): 4100 S 38th Street | 103,094 SF
🔹 Chandler (Sale): 3324 N San Marcos Place | 19,398 SF | $5,000,000

Whether it’s small-bay owner-user plays in the East Valley or mid-size logistics leases in Phoenix, local businesses are expanding and absorbing space. Read the full Q2 Industrial Market Report here: https://lnkd.in/ggbQwTj6

Looking to buy, sell, or lease in this market? Let’s connect at www.cpiaz.com and map out your next move.