August 2023 Phoenix Investment Market Snapshot

Direct Sales

August

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$22.795

$161

5

Retail

$54.09

$175

5

Industrial

$213.55

$148

17

Total

$290.43

27

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$665.93

$172

50

Retail

$503.195

$147

41

Industrial

$1,368.83

$132

75

Total

$2,537.95

166

Market Makers

Desert North Commerce Center
Desert North Commerce Center

42201, 42211 N 41st Dr
Phoenix, AZ
52,027 SF / 89.9% Leased
Sales Price: $7.9M ($151 PSF)

My Florist Plaza
My Florist Plaza

1601-1607 N 7th Ave
Phoenix, AZ
21,933 SF / 100.0% Leased
Sales Price: $10.5M ($479 PSF)

TA Realty to ViaWest Group Portfolio
TA Realty to ViaWest Group Portfolio

6 locations throughout Metro Phoenix
586,915 SF / 100.0% Leased
Sales Price: $105.5M ($180 PSF)

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Phoenix Investment Sales, 2023 Quarterly Reports

Phoenix Investment Sales, 2023 Year End Report

Retail Capital Markets, 2023 Year End Report

The Colliers Arizona Investment Sales 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 10th largest metropolitan area in the United States. For custom or submarket-specific analytics and property-level evaluations, please contact any member of our team.