Family Office Briefing on research byKidder Matthews·Apr 25, 2023
Phoenix Industrial Market Report - 1st Quarter 2023
Phoenix industrial market shows resilience with a 4.8% vacancy rate in 1Q23 — family offices should consider co-GP opportunities with strong operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 4.8% |
| Asking Lease Rate | 0.98$/SF |
| Leasing Transactions | 4,689,637SF |
| Sale Transactions | 2,464,022SF |
| Direct Net Absorption | 5,610,349SF |
Metrics extracted from the source report and independently fact-checked. Method →
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Kidder Matthews
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