September 2026 – Knowing the Numbers In Commercial Real Estate

Office Market The Phoenix office market continues its gradual recovery as improving tenant demand and accelerating demolitions reduce excess inventory. Vacancy has improved from a 17.1% peak in 2024 to […]
August 2026 – Knowing the Numbers In Commercial Real Estate

Office Market The Phoenix office market continues its gradual recovery as improving demand combines with accelerating demolitions to reduce excess inventory. Vacancy has improved to 15.9%, down from a 2024 […]
July 2026 – Knowing the Numbers In Commercial Real Estate

Office Market The Phoenix office market continues to recover gradually as improving demand and accelerating demolitions reduce vacancy. Vacancy has improved to 15.8%, down from a 2024 peak of 17.1%, […]
June 2026 – Knowing the Numbers In Commercial Real Estate

Office Market The Phoenix office market continues its gradual recovery as tenant demand improves and new construction remains limited. Leasing activity has strengthened across premier submarkets including Tempe, Scottsdale, and […]
May 2026 – Knowing the Numbers In Commercial Real Estate

Office Market The Phoenix office market continues to stabilize as improving tenant demand combines with a sharp slowdown in new construction and increased demolition of obsolete properties. Vacancy has improved […]
April 2026 – Knowing the Numbers In Commercial Real Estate

Office Market The Phoenix office market continues to stabilize as it works through post-pandemic shifts in how space is used. Demand remains uneven, with strength concentrated in higher-quality, well-located buildings […]
March 2026 – Knowing the Numbers In Commercial Real Estate

Office Market The Phoenix office market has reached an inflection point as demand improved in 2025, pushing vacancy down slightly to 16.4% after several years of deterioration. Roughly 700,000 SF […]
February 2026 – Knowing the Numbers In Commercial Real Estate

Office Market The Phoenix office market has reached an inflection point, with vacancy declining year-over-year to 16.3% following 840,000 SF of positive net absorption in 2025. Limited new construction has […]
January 2026 – Knowing the Numbers In Commercial Real Estate

Office Market The Phoenix office market is beginning to stabilize after an extended correction. Vacancy has leveled off near the mid-16% range following multiple quarters of positive net absorption, supported […]
December 2025 – Knowing the Numbers In Commercial Real Estate

Office Market The Phoenix office market has reached a tentative turning point as vacancy edges down to 16.3% following four consecutive quarters of positive absorption. Demand has improved due to […]