Monday, June 29, 2026
Family Office Briefing on research bySavills·Apr 23, 2025

Phoenix Q1 2025 Industrial Market Report

Phoenix industrial vacancy climbed to 16.1% in Q1 2025 — family offices should consider co-GP partnerships to navigate market volatility.

IndustrialPhoenixArizonaQ1 2025

Key Metrics

MetricValue
Vacancy Rate16.1%
Asking Rental Rate0.83$/sf
Net Absorption3.9msf
Deliveries7.5msf
Under Construction16.4msf

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

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