Lincoln Property says utilities costs, timing drive Phoenix industrial site selection shift

  • Lincoln Property analysis flags Phoenix industrial land underwriting shifting from highway access to utility capacity, timing risk, and total site-readiness costs.
  • Developers increasingly must extend power and other infrastructure to sites, replacing the prior model of connecting via tap fees.
  • Utility solutions can add costs in the millions, triggering deal failures and site resales when budgets or schedules break.
  • Local utility and municipal relationships seen as a competitive advantage for faster starts, tighter cost control, and fewer entitlement delays.
  • Industrial demand remains led by logistics and distribution, with higher building power needs tied to automation and robotics despite a post-Covid reset.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lincoln Property Company published the original content used to generate this news brief on June 30, 2026, and is solely responsible for the information contained therein.