Thursday, July 9, 2026
Family Office Briefing on research byTranswestern·Apr 28, 2023

Phoenix Multifamily Research Report - Q3 2022

Phoenix multifamily market shows signs of moderation in Q3 2022 — family offices should consider co-GP opportunities with disciplined operators.

MultifamilyPhoenixArizonaQ3 2022

Key Metrics

MetricValue
Overall Vacancy Rate7.2%
Net Absorption359Thousands SF
Asking Rent1,557PSF
Sales Volume2,968Millions
Market Cap Rate3.9%

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

Building a thesis around Phoenix? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent multifamily strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.