September 2023 Phoenix Investment Market Snapshot

Direct Sales

September

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$140.05

$229

4

Retail

$85.28

$202

10

Industrial

$41.74

$193

6

Total

$267.06

20

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$805.98

$180

54

Retail

$588.47

$153

51

Industrial

$1,410.56

$133

81

Total

$2,805.01

186

Market Makers

3131 & 3133 Camelback
3131 & 3133 Camelback

3131, 3133 E Camelback Rd
Phoenix, AZ
297,680 SF / 84.0% Leased
Sales Price: $72.1M ($242 PSF)

Shoppes at Mirador Square
Shoppes at Mirador Square

860, 874, 894 E Warner Rd
Gilbert, AZ
48,541 SF / 100.0% Leased
Sales Price: $9.3M ($192 PSF)

Chandler Tech Center
Chandler Tech Center

7010, 7100 W Erie St
Chandler, AZ
75,201 SF / 100.0% Leased
Sales Price: $14.6M ($195 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.