by Kaya Cortese | Nov 4, 2025
SVN Desert Commercial Advisors’ Q3 2025 Phoenix retail market report covers leasing trends, vacancy rates, rent growth, and investment sales across Metro Phoenix for the third quarter of 2025. The Phoenix retail market remains fundamentally tight despite a...
by Kaya Cortese | Nov 4, 2025
The Phoenix multifamily market continues to face challenges from a persistent imbalance between supply and demand. Despite strong renter demand, with 17,000 units of net absorption over the past year, more than double the pre-COVID five-year annual average, an...
by Kaya Cortese | Nov 4, 2025
The Phoenix office market is beginning to stabilize, with vacancy declining for the first time since the pandemic. Over the past four quarters, the market recorded 1.6 million square feet of positive net absorption, driven by owner/user acquisitions of heavily vacant...
by Kaya Cortese | Nov 4, 2025
The Phoenix industrial market is showing early signs of stabilization, but near-term conditions remain uncertain. Vacancy, which had been rising sharply since early 2023 due to a surge in new construction, has flattened as completions ease and tenant demand remains...
by Kaya Cortese | Aug 13, 2025
The Phoenix office market is experiencing historically high vacancy at 16.8 percent, reflecting weak demand, corporate downsizing, and an influx of new deliveries over recent years. Net absorption remains negative as tenants continue to reduce space, and sublease...
by Kaya Cortese | Aug 13, 2025
Phoenix’s industrial market is beginning to stabilize after a sharp rise in vacancies since 2023, now holding at 12.5 percent, the highest level since the Great Recession. Over the past year, net absorption reached 13.2 million square feet, ranking fourth nationally...
