Family Office Briefing on research byLee & Associates·May 1, 2026
2026 Q1 Phoenix, AZ - Industrial
The report covers the Phoenix industrial market in Q1 2026, highlighting absorption, vacancy, and development trends.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 12.40% |
| Avg NNN Asking Rate | 13.08$/SF |
| Sale Price PSF | 182.55$ |
| Cap Rate | 5.80% |
| Under Construction SF | 15,869,468SF |
| Net Absorption | 4,306,769SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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