March 2020 Phoenix Investment Market Snapshot

Direct Sales

March

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$86.16

$183

9

Retail

$28.07

$158

5

Industrial

$75.26

$97

9

Total

$189.49

23

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$265.74

$168

29

Retail

$203.54

$158

21

Industrial

$582.98

$125

39

Total

$1,052.27

89

Market Makers

Vertex Education Headquarters
Vertex Education Headquarters

3125 S Gilbert Rd,
Chandler, AZ
28,187 SF / 100% Leased
Sales Price: $9.9M ($351 PSF)

Talavi Towne Center II
Talavi Towne Center II

5665 W Bell Rd,
Glendale, AZ
61,302 SF / 100% Leased
Sales Price: $10.7M ($175 PSF)

PCA Freeport Center
PCA Freeport Center

441 S 53rd Ave,
Phoenix, AZ
183,095 SF / 100% Leased
Sales Price: $17.3M ($94 PSF)

Download the Snapshot

Phoenix Investment Sales, 2020 1Q Report

Phoenix Investment Sales, 2020 1Q 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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