Sunday, June 21, 2026
Family Office Briefing on research byKidder Matthews·Apr 5, 2024

Phoenix Office Market Report - 1st Quarter 2024

Phoenix office vacancy rate rises to 18.0% in 1Q24 — family offices should consider co-GP opportunities with disciplined operators.

OfficePhoenixArizona2024

Key Metrics

MetricValue
Vacancy Rate18.0%
Availability Rate21.0%
Direct Asking Lease Rate30.60$/SF

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

Building a thesis around Phoenix? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent office strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.