A look at Arizona growth through a real estate lens

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Cheryl Lombard, President and CEO of the National Association of Industrial and Office Properties (NAIOP) Arizona, joined “Arizona Horizon” to discuss the connection between Arizona’s economic growth and the infrastructure needed to sustain it.

NAIOP originally stood for the National Association of Industrial and Office Properties, but today, it is known as the Commercial Real Estate Development Association, the leading organization for developers, owners and related professionals in office, industrial, retail, multifamily and mixed-use real estate.

Lombard said on June 12, 2026, NAIOP Arizona assembled the development community and government dignitaries to hear how the state’s utilities are responding to ever-increasing energy demands, how supply chain issues delay grid growth and the role natural gas plays in a diversified energy portfolio.

After seeing tremendous growth over the past decade, one of the most important questions facing Arizona is how to ensure it has the energy capacity and infrastructure necessary to support continued growth while maintaining reliability and affordability.

Cheryl Lombard, President and CEO, NAIOP Arizona

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