June 2023 Phoenix Investment Market Snapshot

Direct Sales

June

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$171.13

$214

11

Retail

$109.27

$157

9

Industrial

$76.18

$78

9

Total

$356.57

29

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$528.49

$196

39

Retail

$340.945

$127

29

Industrial

$921.19

$142

51

Total

$1,790.63

119

Market Makers

Scottsdale Financial Center I

4110 N Scottsdale Rd
Scottsdale, AZ
109,968 SF / 96.1% Leased
Sales Price: $44.0M ($400 PSF)

Arcadia Towne Center
Arcadia Towne Center

4730-4748 E Indian School Rd
Phoenix, AZ
69,497 SF / 98.4% Leased
Sales Price: $25.3M ($364 PSF)

17 North Corporate Center
17 North Corporate Center

2335 Corporate Center Dr
Phoenix, AZ
111,676 SF / 0% Leased
Sales Price: $20.4M ($183 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.