Family Office Briefing on research byMarcus & Millichap·May 22, 2026
Phoenix Industrial Market Report - 2Q 2026
Phoenix industrial market vacancy declines as demand catches up to supply — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy decline in properties >250k sf | 500+ bps to below 12%basis points |
| Large-format leasing deals | 25 deals vs 11 prior yeardeals |
| Vacancy reduction I-10/Loop 303 | 150+ bps in Q1basis points |
| Completions | decade low in 2026N/A |
Metrics extracted from the source report and independently fact-checked. Method →
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