Phoenix Commercial Industrial Property Market Reports

Industrial Market Conditions

Industrial investment sales through January 2020 totaled $143.8 million consisting of 13 industrial properties that averaged $98 per square foot (based on sales of more than $1 million and greater than 20,000 square feet).

Industrial-Historical-Sales

Historical Industrial Sales
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Key Indicators (as of 4Q2019 relative to prior period)

IndustrialVacancy

7.1%

LeaseRates

$0.59

NetAbsorption

1,647,984

ConstructionCompletions

1,647,759
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