January 2019 Phoenix Investment Market Snapshot

Direct Sales

January

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$126.19

$126

13

Retail

$81.80

$227

7

Industrial

$83.88

$89

13

Total

$291.87

33

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$126.19

$126

13

Retail

$81.80

$227

7

Industrial

$83.88

$89

13

Total

$291.87

33

Market Makers

Rio West Business Park

1621, 1721, 1821, 1921, 2021 W Rio Salado Pky,
Tempe, AZ
296,663 SF / 100% leased
Sales Price: $63.3 M ($214 PSF)

Uptown Plaza

2, 2-52, 100 E Camelback Rd,
Phoenix, AZ
117,753 SF / 95% leased
Sales Price: $51.6 M ($439 PSF)

Riverside 43

2200 S 43rd Ave,
Phoenix, AZ
250,043 SF / 100% leased
Sales Price: $24.7 M ($99 PSF)

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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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