Phoenix Commercial Retail Property Market Reports

Retail Market Conditions

Retail investment sales through April 2019 totaled $230.8 million, consisting of 26 retail properties and averaging $214 per square foot (based on sales of more than $1 million and greater than 20,000 square feet).

Retail

Historical Industrial Sales
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Key Indicators (as of 1Q2019 relative to prior period)

RetailVacancy

7.4%

LeaseRates

$15.37

NetAbsorption

-105,264

ConstructionCompletions

88,241
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