June 2019 Phoenix Investment Market Snapshot

Direct Sales

June

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$268.00

$176

18

Retail

$64.39

$153

7

Industrial

$63.97

$110

10

Total

$396.34

35

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$867.18

$149

60

Retail

$373.17

$189

42

Industrial

$437.93

$94

65

Total

$1678.28

167

Market Makers

SPECTRUM MEDICAL COMMONS
Spectrum Medical Commons

3367 S Mercy Rd,
Gilbert, AZ
43,335 SF / 100% Leased
Sales Price: $17.7 M ($409 PSF)

MM-Chandler-Heights-Marketplace-final
Chandler Heights Marketplace

4850-4970 S Gilbert Rd,
Chandler, AZ
124,822 SF / 98% Leased
Sales Price: $30.8 M ($247 PSF)

MM-Southbank-Business-Park-final
Southbank Business Park

3201 E Harbour Dr,
Phoenix, AZ
121,731 SF / 100% Leased
Sales Price: $15.5 M ($127 PSF)

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Phoenix Investment Sales, 2019 2Q Report

2019 2nd Quarter Report - Phoenix Investment Sales

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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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