July 2023 Phoenix Investment Market Snapshot

Direct Sales

July

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$114.64

$107

6

Retail

$61.22

$163

7

Industrial

$234.09

$97

7

Total

$409.95

20

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$643.13

$172

45

Retail

$449.11

$145

36

Industrial

$1,155.28

$130

58

Total

$2,247.52

139

Market Makers

One Arizona Center
One Arizona Center

400 E Van Buren St, 455 N 3rd St
Phoenix, AZ
556,105 SF / 44.0% Leased
Sales Price: $27.0M ($49 PSF)

Plaza 32
Plaza 32

3205-3329 E Bell Rd
Phoenix, AZ
173,303 SF / 81.0% Leased
Sales Price: $31.3M ($181 PSF)

Hatcher Industrial Park
Hatcher Industrial Park

15101, 15151 W Hatcher Rd
Waddell, AZ
906,125 SF / 0% Leased
Sales Price: $92.7M ($102 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.