December 2022 Phoenix Investment Market Snapshot

Direct Sales

December

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$127.57

$198

7

Retail

$78.44

$224

7

Industrial

$142.69

$189

18

Total

$348.70

32

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$2,549.26

$240

121

Retail

$1,671.97

$205

131

Industrial

$3,402.19

$167

182

Total

$7,623.43

434

Market Makers

Kierland Executive Center
Kierland Executive Center

7025 E Greenway Pky,
14811 N Kierland Blvd
Scottsdale, AZ
65,047 SF / 100% Leased
Sales Price: $58.0M ($892 PSF; $241 PSF land value)

The Block at Pima Center
The Block at Pima Center

9210-9290 E Via de Ventura
Scottsdale, AZ
37,958 SF / 89% Leased
Sales Price: $23.5M ($619 PSF)

Vistar
Vistar

2434 S 10th St
Phoenix, AZ
82,050 SF / 100% Leased
Sales Price: $14.8M ($181 PSF)

Download the Snapshot

Phoenix Investment Sales, 2022 3Q Report

Phoenix Investment Sales, 2021 Year End Report

The Colliers 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.