Family Office Briefing on research byKidder Matthews·Apr 25, 2023
Phoenix Office Market Report - 1st Quarter 2023
Phoenix office market sees vacancy rise to 17.1% in 1Q23 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 17.1% |
| Availability Rate | 20.0% |
| Asking Lease Rate | 29.40$/SF |
| Direct Net Absorption | -234,102SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Kidder Matthews
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