Family Office Briefing on research byKidder Matthews·Jan 14, 2026
PHOENIX OFFICE MARKET REPORT - 4th Quarter 2025
Phoenix office market vacancy decreased to 23.6% in 4Q25 — family offices should consider co-GP opportunities with disciplined operators.
2025
Key Metrics
| Metric | Value |
|---|---|
| Total Vacancy Rate | 23.6% |
| Total Availability Rate | 24.8% |
| Direct Asking Lease Rate | 30.97$/SF/Yr |
| Total Net Absorption | 1.6M SF |
| Sales Volume | 1.8M SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Kidder Matthews
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