Family Office Briefing on research byKidder Matthews·Jul 5, 2024
Phoenix Industrial Market Report - 2nd Quarter 2024
Phoenix industrial vacancy increased to 11.0% in 2Q24 — family offices should consider co-GP opportunities amid rising construction activity.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 11.0% |
| Direct Asking Lease Rate | 1.15$/SF |
| Total Availability Rate | 14.6% |
| Direct Net Absorption | 6.9M SF |
| New Deliveries | 11.6M SF |
Metrics extracted from the source report and independently fact-checked. Method →
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