October 2022 Phoenix Investment Market Snapshot

Direct Sales

October

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$34.57

$198

3

Retail

$147.58

$247

14

Industrial

$372.48

$211

15

Total

$554.63

32

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$2,276.396

$249

107

Retail

$1,528.795

$207

115

Industrial

$3,184.56

$167

156

Total

$6,989.749

378

Market Makers

Tempe Commerce Park
Tempe Commerce Park

7420 S Kyrene Rd
Tempe, AZ
67,279 SF / 54% Leased
Sales Price: $14.2M ($210 PSF)

Laveen Park Place
Laveen Park Place

7620, 7650-7700 S 59th Ave
5911, 5959 W Baseline Rd
Laveen, AZ
140,041 SF / 97% Leased
Sales Price: $40.3M ($288 PSF)

Levine to Life Storage Portfolio
Levine to Life Storage Portfolio

Multiple AZ locations: Phoenix (3)
Cave Creek (1), Tempe (1), San Tan Valley (1)
506,005 SF / 92% (est) Leased
Sales Price: $130.1M ($232 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.