June 2020 Phoenix Investment Market Snapshot

Direct Sales

June

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$121.55

$310

4

Retail

$23.46

$160

4

Industrial

$124.496

$113

13

Total

$269.51

21

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$511.23

$196

44

Retail

$239.37

$158

28

Industrial

$841.68

$118

77

Total

$1,592.285

149

Market Makers

Northern Trust @ Discovery Business Campus
Northern Trust @ Discovery Business Campus

2160 E Elliot Rd
Tempe, AZ
150,000 SF / 100% Leased
Sales Price: $64.5M ($430 PSF)

Wigwam Creek Shopping Center
Wigwam Creek Shopping Center

12958, 13000 W Indian School Rd
Litchfield Park, AZ
33,792 SF / 93% Leased
Sales Price: $9.2M ($272 PSF)

Amazon
Amazon

2550 N Nevada St
Chandler, AZ
164,486 SF / 100% Leased
Sales Price: $38.0M ($231 PSF)

Download the Snapshot

Phoenix Investment Sales, 2020 2Q Report

Q2 2020 Market Report

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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