The Phoenix market continues its winning streak. New reports show that the market is seeing increasing land values and that residential and commercial construction are forecasted to increase in the second half of the year. The new supply is not expected to affect pricing, which has also been increasing steadily, but this is becoming a market to watch. In Orange County, industrial leasing is up for ecommerce users and 3PL companies. On the deal side, this was an active week with several substantial closings throughout the Southwest market, but still with a strong concentration in Phoenix. Here’s a look at this week’s trends, announcements and deals that you may have missed in Southern California, Utah, Arizona and Nevada.

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