Family Office Briefing on research bySavills·May 8, 2024
Phoenix Q1 2024 Industrial Market Report
Phoenix industrial vacancy surged to 11.8% in Q1 2024 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 11.8% |
| Asking Rental Rate | 0.89$ |
| Net Absorption | 3.1msf |
| Deliveries | 11.1msf |
| Under Construction | 36.2msf |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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