Carlson-Darby Office Team Colliers International Carlson-Darby Office Team

Greater Phoenix

Phoenix Office
2390 E Camelback Road
Suite 100
Phoenix, AZ 85016
USA
Main: + 1 602 222 5000
Fax: + 1 602 222 5001

Bob Mulhern
Senior Managing Director
Greater Phoenix
Direct: +1 602 222 5038
bob.mulhern@colliers.com

Commercial Real Estate Research and Analysis

When making critical business decisions, you need the most accurate and relevant market research available. Our research experts monitor commercial real estate trends and emerging market conditions to convey historical data and make projections that inform and guide our clients in understanding economic, demographic and real estate data.

Office Report | Greater Phoenix

Office Market Colliers International
2017 | Q3 | Office Report | Greater Phoenix

Absorption Slows, Vacancy Flat in 3Q. Conditions cooled in the Greater Phoenix office market during third quarter. Net absorption slowed, vacancy was flat and the pace of rent growth was less robust than earlier quarters. Vacancy ended at 16.3 percent, unchanged from the second quarter figure. Asking rents ended at $24.20 per square foot, up 3.2 percent from one year ago.

Medical Office Report | Greater Phoenix

Colliers International Medical Office Market Research
2017 | Q2 | Medical Office Report | Greater Phoenix

Medical Office Bounces Back in 2Q. After a slow start to the year, the Greater Phoenix medical office market rebounded during second quarter. Net absorption totaled more than 77,000 square feet in second quarter. Vacancy ended the quarter at 16 percent, down 70 basis points from one year ago. Rents ticked up in second quarter, reaching $22.89 per square foot.

Office Report | United States

2017 | Q3 | Office Market Outlook | U.S.

Boring is Good: U.S. Office Market Holds Firm with Minimal Change in Metrics. The U.S. office market experienced very little change over the course of Q3 2017 with occupancy rates remaining at peak levels and rents holding firm. Although construction levels remain elevated, the volume of office space under construction declined slightly from 113 to 109 million square feet. The office investment market is showing signs of cooling although suburban assets remain popular among investors.

Industrial Report | Greater Phoenix

2017 | Q3 | Industrial Report | Greater Phoenix

Tenant Demand on an Extended Upswing. The Greater Phoenix industrial market had a strong third quarter, fueled by robust tenant activity. Net absorption totaled more than 1.8 million square feet in the third quarter, bringing the total to more than 6.2 million square feet year to date. Industrial vacancy fell to 9.2 percent.

Market Reports | Investment > Retail > Land

Greater Phoenix
2390 E. Camelback Road, Suite 100 Phoenix, AZ 85016 United States | Tel: +1 602 222 5000