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Phoenix Commercial Office Property Market Reports

Office Market Conditions

Office investment sales through August 2019 totaled $1.46 billion consisting of 94 office properties and averaging $165 per square foot (based on sales of more than $1 million and greater than 20,000 square feet).

Office-Historical-Sales

Historical Industrial Sales
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Key Indicators (as of 2Q2019 relative to prior period)

Office
Vacancy

13.3%

Lease
Rates

$25.77

Net
Absorption

96,041

Construction
Completions

427,749
Phoenix Office Market Reports

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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