Family Office Briefing on research byKidder Matthews·Jan 22, 2025
PHOENIX OFFICE MARKET REPORT - 4th Quarter 2024
Phoenix office market vacancy increased to 24.8% in 4Q24 — family offices should consider co-GP opportunities with disciplined operators.
2024
Key Metrics
| Metric | Value |
|---|---|
| Total Vacancy Rate | 24.8% |
| Direct Net Absorption | -2.1M SF |
| Direct Asking Lease Rate | $30.87$/SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Kidder Matthews
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