November 2022 Phoenix Investment Market Snapshot

Direct Sales

November

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$145.3

$173

7

Retail

$64.73

$161

9

Industrial

$63.02

$145

8

Total

$273.04

24

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$2,421.69

$242

114

Retail

$1,593.53

$204

124

Industrial

$3,259.51

$166

164

Total

$7,274.73

402

Market Makers

Promenade Corporate Center
Promenade Corporate Center

16427, 16435 N Scottsdale Rd
Scottsdale, AZ
269,922 SF / 79% Leased
Sales Price: $56.5M ($209 PSF)

Desert Canyon Center
Desert Canyon Center

10401-10427 E McDowell Mountain Ranch Rd
Mesa, AZ
62,754 SF / 87% Leased
Sales Price: $9.3M ($148 PSF)

Mondelez International
Mondelez International

5757 W Lower Buckeye Rd
Phoenix, AZ
100,000 SF / 100% Leased
Sales Price: $13.1M ($131 PSF)

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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.