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Family Office Briefing on research byKidder Matthews·Jul 19, 2023

Phoenix Office Market Report - 2nd Quarter 2023

Phoenix office market vacancy rate increased to 17.8% in 2Q23 — family offices should consider co-GP opportunities in medical office buildings.

OfficePhoenixArizona2023

Key Metrics

MetricValue
Vacancy Rate17.8%
Asking Lease Rate29.88$/SF
Direct Net Absorption-357,719SF

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

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