May 2018 Phoenix Investment Market Snapshot

Direct Sales

May

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$52.72

$100

7

Retail

$171.10

$128

12

Industrial

$44.02

$78

8

Total

$267.84

27

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$623.09

$151

42

Retail

$333.94

$141

33

Industrial

$681.20

$100

62

Total

$1,638.23

137

Market Makers

The Pinnacle at Desert Cove
The Pinnacle at Desert Cove

9097 E Desert Cove Dr
Scottsdale, AZ
31,509 SF / 100% leased
Sales Price: $8.6 M ($273 PSF)

The Boardwalk at Anderson Springs
The Boardwalk at Anderson Springs

1949-1979 W Ray Rd
Chandler, AZ
89,804 SF / 97% leased
Sales Price: $26.0 M ($290 PSF)

Skyway Business Park
Skyway Business Park

11690 N 132nd Ave
Surprise, AZ
167,291 SF / 100% leased
Sales Price: $15.0 M ($90 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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