Wednesday, June 24, 2026
Family Office Briefing on research bySavills·Jul 24, 2024

Phoenix Q2 2024 Market Report

Phoenix commercial real estate market shows strong leasing activity in Q2 2024 — family offices should consider co-GP opportunities with disciplined operators.

PhoenixArizonaQ2 2024

Key Metrics

MetricValue
Availability Rate27.1%
Asking Rental Rate30.49psf
Class A Asking Rental Rate32.51psf
Quarterly Leasing Activity1.5msf
Available Sublease Space6.9msf

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

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