Wednesday, June 10, 2026
Family Office Briefing on research byTranswestern·Apr 28, 2023

Phoenix Office Research Report - Q4 2022

Phoenix office market faces rising vacancy and sublease space in Q4 2022 — family offices should consider co-GP opportunities with disciplined operators.

OfficePhoenixArizonaQ4 2022

Key Metrics

MetricValue
Overall Vacancy Rate17.5%
Overall Vacant SF25.2MSF
Net Absorption-352.6Thousands SF
Asking Rent, Full Service28.91PSF

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

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