Phoenix’s industrial building market has experienced significant growth, making it the second most active market in the country. As a result, renters and buyers are becoming more discerning about the amenities offered by builders. With competition for employees on the rise, industrial employers are placing a greater emphasis on attracting top talent.
According to reports from The Phoenix Business Journal, Lincoln Property Group’s Park303 project in Glendale may be one of the first speculative industrial developments in the Valley to feature unique amenities such as pickleball and basketball courts. Developers are also incorporating green space for lawn games and employee gatherings with grills and seating areas. Additionally, they have designed high-quality office-like entrances to these buildings.
To remain competitive for workers’ attention, owners and lessees have started hosting weekly barbecues with higher-quality food options as well as offering “Employee of the Month” giveaways that include prizes like Apple products or TVs.
The growth of Phoenix’s industrial sector has inspired developers to think outside-the-box when it comes to amenity offerings that will attract quality talent without mentioning specific companies or organizations.
