Wednesday, June 10, 2026
Family Office Briefing on research bySavills·Jan 24, 2025

Phoenix Q4 2024 Industrial Market Report

Phoenix industrial vacancy rose to 15.0% in Q4 2024 — family offices should consider co-GP opportunities with disciplined operators.

IndustrialPhoenixArizonaQ4 2024

Key Metrics

MetricValue
Vacancy Rate15.0%
Asking Rental Rate0.84$
Net Absorption0.6msf
Deliveries6.4msf
Under Construction23.2msf

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

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