November 2023 Phoenix Investment Market Snapshot

Direct Sales

November

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$71.06

$135

7

Retail

$38.55

$208

2

Industrial

$98.27

$146

9

Total

$207.88

18

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$1,080.32

$166

67

Retail

$731.95

$147

69

Industrial

$1,617.94

$137

104

Total

$3,430.21

240

Market Makers

Scottsdale Northsight
Scottsdale Northsight

14350 N 87th St
Scottsdale, AZ
138,693 SF / 69.0% Leased
Sales Price: $26.5M ($191 PSF)

South Mountain Crossing
South Mountain Crossing

3510-3648 W Southern Ave
Phoenix, AZ
89,389 SF / 100.0% Leased
Sales Price: $11.5M ($129 PSF)

BTS for TruDoor and Assa Abloy
BTS for TruDoor and Assa Abloy

5858 W Lower Buckeye Rd
Phoenix, AZ
248,750 SF / 100.0% Leased
Sales Price: $20.5M ($82 PSF)

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Phoenix Investment Sales, 2023 Quarterly Reports

Phoenix Investment Sales, 2022 Quarterly Reports

Phoenix Investment Sales, 2022 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.