Phoenix Industrial Redevelopment, LLC

Recession-Resistant Returns: Why Industrial Real Estate Performs Well in Economic Downturns

Recession-Resistant Returns: Why Industrial Real Estate Performs Well in Economic Downturns At Phoenix Industrial Redevelopment (PIR), we’ve long believed that industrial real estate is one of the most compelling asset classes for investors seeking stable, recession-resistant returns. As the U.S. economy navigates a period of heightened uncertainty and volatility, we think it’s more im...

Small Manufacturers, Big Opportunity: Why PIR Focuses on Multi-Tenant Industrial Properties

Small Manufacturers, Big Opportunity: Why PIR Focuses on Multi-Tenant Industrial Properties At Phoenix Industrial Redevelopment (PIR), we’ve spent years studying the forces driving the resurgence of U.S. manufacturing. We’ve seen firsthand how advanced technologies and changing global economic conditions are fueling a wave of reshoring and domestic production growth. And we’ve identi...

Lessons Learned:
Over time, we've realized that incorporating flexible expansion options into our leases can be a win-win. Tenants appreciate the ability to grow within the property, and it's helped us retain successful businesses as they expand.

Riding the Wave of Reshoring: How PIR’s Strategy Capitalizes on the Shift Towards Domestic Manufacturing

Riding the Wave of Reshoring: How PIR's Strategy Capitalizes on the Shift Towards Domestic Manufacturing The world of manufacturing is undergoing a seismic shift. After decades of offshoring, companies are increasingly bringing production back to the United States in a trend known as reshoring. This movement is driven by a confluence of factors, from rising labor costs overseas to concerns about supply...

Lessons Learned:

We've come to appreciate the importance of carefully structured Operating Expense clauses in multi-tenant industrial leases. Fair and transparent OpEx charges have proven key to maintaining good landlord-tenant relationships and avoiding surprises at year-end reconciliations.