May 2020 Phoenix Investment Market Snapshot

Direct Sales

May

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$70.77

$206

6

Retail

$6.78

$128

2

Industrial

$63.195

$82

17

Total

$140.74

25

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$389.68

$176

40

Retail

$215.91

$158

24

Industrial

$717.18

$119

67

Total

$1,322.78

131

Market Makers

Element at Kierland
Element at Kierland

14614 N Kierland Blvd
Scottsdale, AZ
57,662 SF / 98% Leased
Sales Price: $17.3M ($300 PSF)

Fairway Park Plaza
Fairway Park Plaza

5819-5897 W Indian School Rd
Phoenix, AZ
32,133 SF / 87% Leased
Sales Price: $3.6M ($111 PSF)

Tempe One
Tempe One

1516 W 17th St
Tempe, AZ
106,747 SF / 0% Leased
Sales Price: $14.1M ($133 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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