January 2024 Phoenix Investment Market Snapshot

Direct Sales

January

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$99.73

$129

8

Retail

$72.89

$223

7

Industrial

$87.46

$148

10

Total

$260.08

25

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$99.73

$129

8

Retail

$72.89

$223

7

Industrial

$87.46

$148

10

Total

$260.08

25

Market Makers

The Corridors
The Corridors

1925-2095 W Pinnacle Peak Rd
Phoenix, AZ
164,235 SF /100% Leased
Sales Price: $32.9M ($200 PSF)

Mill Avenue
Mill Avenue

420, 501 S Mill Ave
Tempe, AZ
38,816 SF / 100% Leased
Sales Price: $22.2M ($572 PSF)

Southbank Industrial Park
Southbank Industrial Park

3930 E Watkins St
Phoenix, AZ
101,932 SF / 100.0% Leased
Sales Price: $20.3M ($199 PSF)

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Phoenix Investment Sales, 2023 Quarterly Reports

Phoenix Investment Sales, 2022 Quarterly Reports

Phoenix Investment Sales, 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.