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Phoenix Commercial Industrial Property Market Reports

Industrial Market Conditions

Industrial investment sales through February 2023 totaled $216 million consisting of 18 industrial properties that averaged $162 per square foot (based on sales of more than $1 million and greater than 20,000 square feet).

Industrial Historical Sales

Historical Industrial Sales
click to download

Key Indicators (as of 3Q2022 relative to prior period)

Industrial
Vacancy

3.0%

Lease
Rates

$0.94

Net
Absorption

5,643,143

Construction
Completions

8,173,974

Phoenix Industrial Market Reports

Phoenix Investment Sales, 2022 Quarterly Reports

Download 1Q Report
Download 2Q Report
Download 3Q Report
Download 4Q Report

Phoenix Investment Sales, 2022 Year End Report

Download YE 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.