Thursday, June 18, 2026
Family Office Briefing on research bySavills·Jan 24, 2024

Phoenix 2023 Q4 Market Report

Phoenix industrial market shows a 27.8% year-over-year availability rate increase in Q4 2023 — family offices should consider co-GP opportunities with strong operators.

PhoenixArizona2023

Key Metrics

MetricValue
Availability Rate27.8%
Asking Rental Rate30.34psf
Class A Asking Rental Rate32.82psf
Quarterly Leasing Activity1.2msf

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

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