Highlights

Amazon Web Services locked up 1.2 million square feet at Southern Industrial Center in Buckeye — the largest industrial lease in the Phoenix Valley during the first quarter, according to a report from Colliers cited by the Phoenix Business Journal and confirmed by ABC15.

The facility at 24105 W. Southern Avenue was developed by Parklane Development Group and Miramar Industrial Partners and completed in 2023. An application filed April 20 with the city of Buckeye sought a permit for "installation of storage racking including high-pile for Amazon per approved plans," according to city records.

The signing adds to an already substantial West Valley footprint. Amazon currently leases a 1.2 million-square-foot space at The Cubes at Glendale Industrial Park, another 1.2 million-square-foot space at Prologis 303 Business Park in Goodyear, and a 1 million-square-foot building at Paloma Vista Logistics Center in Buckeye. In January, the company signed a 1,063,188-square-foot lease at West 202 Logistics near the I-10 and Loop 202 interchange.

Why does this deal matter for the Phoenix industrial market?

Big-box warehouse supply across metro Phoenix has tightened sharply. Over the past four quarters, vacancy rates for buildings of 500,000 square feet or more fell from 14.5% to 3.5%, per the Colliers report. Connor Devereux, senior director of market analytics for CoStar Group/Homes.com, said no spaces of 1 million square feet or more are currently available for lease in existing buildings throughout Greater Phoenix — though two million-square-footers are under construction and several more are proposed.

The Southern Industrial Center lease lands adjacent to a significant land play. Buckeye recently approved rezoning a nearly 2,000-acre site called Grand View Buckeye for an employment district, with new zoning allowing a range of industrial buildings and limited heavy industrial uses. The city expects the site to draw manufacturing, logistics, data center, and aerospace users; a single large tenant could develop nearly the entire parcel, minus 32 acres reserved for commercial use.

Amazon was Arizona's second-largest employer in 2025, with 40,000 workers across the state, according to Phoenix Business Journal research. An Amazon representative did not provide comment on the lease by publication time.

Permit activity at the Southern Industrial Center will be the next indicator of Amazon's buildout timeline.

Sources

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  1. aztechcouncil.org retrieved 2026-05-07T21:01:17.965579+00:00

Authored by theo_nakamura. Drafted by AI from primary-source material under our beat-specific editorial guides; reviewed by humans before publish under our five-gate process. Sources retrieved at 2026-05-07T21:01:17.965579+00:00. Every claim traces to a source.