Family Office Briefing on research byKidder Matthews·Jul 21, 2023
Phoenix Industrial Market Report - 2nd Quarter 2023
Phoenix industrial market shows a 4.6% vacancy rate in 2Q23 — family offices should consider co-GP opportunities with strong operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 4.6% |
| Availability Rate | 12.9% |
| Asking Lease Rate | 0.98$/SF |
| Leasing Transactions | 5,176,866SF |
| Sale Transactions | 4,239,779SF |
| Direct Net Absorption | 2,575,956SF |
Metrics extracted from the source report and independently fact-checked. Method →
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Kidder Matthews
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