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Family Office Briefing on research bySavills·Nov 3, 2023

Phoenix 2023 Q3 Market Report

Phoenix commercial real estate market shows a 27.2% year-over-year availability rate increase in Q3 2023 — family offices should consider co-GP opportunities with disciplined operators.

PhoenixArizona2023

Key Metrics

MetricValue
Availability Rate27.2%
Asking Rental Rate29.67psf
Class A Asking Rental Rate31.81psf
Quarterly Leasing Activity1.8msf

Metrics extracted from the source report and independently fact-checked. Method →

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