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 […]
November 2025 – Knowing the Numbers In Commercial Real Estate

Office Market The Phoenix office market is stabilizing after years of contraction. Vacancy improved to 16.3%, down from 17.0% a year ago, following four consecutive quarters of positive absorption totaling […]
October 2025 – Knowing the Numbers In Commercial Real Estate

Office Market The Phoenix office market is showing early signs of recovery. Vacancy has flattened at 16.3% following three straight quarters of positive net absorption totaling 900K SF. Demand is […]
September 2025 – Knowing the Numbers In Commercial Real Estate

Office Market Phoenix’s office market shows signs of stabilization, with vacancy at 16.3% after three quarters of positive absorption totaling 850K SF. Demand is focused on premium buildings in top […]
August 2025 – Knowing the Numbers In Commercial Real Estate

Office Market The Phoenix office market is showing early signs of stabilization. Vacancy has flattened at 16.7% following three quarters of positive net absorption, totaling 850,000 SF since late 2024. […]