April 2018 Phoenix Investment Market Snapshot

Direct Sales

April

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$210.69

$182

10

Retail

$10.50

$122

2

Industrial

$196.92

$94

16

Total

$418.11

28

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$566.18

$159

34

Retail

$162.84

$159

21

Industrial

$634.51

$102

53

Total

$1,363.53

108

Market Makers

McKesson
McKesson

5601, 5701 N Pima Rd
Scottsdale, AZ
271,085 SF / 100% leased
Sales Price: $67.0 M ($247 PSF)

Safeway
Safeway

17049 W Bell Rd
Surprise, AZ
55,164 SF / 100% leased
Sales Price: $6.8 M ($124 PSF)

Exeter/Mapletree Portfolio
Exeter/Mapletree Portfolio

4 Bldgs in Metro Phoenix
(47 Bldgs Nationwide)
896,412 SF / 86% leased
Sales Price: $81.5 M ($91 PSF)

Download the Snapshot

The Colliers International Investment Team provides timely, accurate and comprehensive property and market analysis for office, retail and industrial properties throughout metropolitan Phoenix. Our mission is to inform and educate the buyers and sellers of commercial real estate in the 13th largest metropolitan area in the United States. For custom or submarket-specific analytics and property-level evaluations, please contact any member of our team.

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