Office Property Asking Rent – Lease Trends
Commercial Real Estate Phoenix, AZ Market Trends Lease rates for office properties have risen 0.4% versus last quarter to $17.10 per square foot. For the year, asking lease rates have still declined 0.1%. Lease rates for office properties hit a three-year peak in March 2008 at $22.08 per square foot. In comparison, the median asking […]
Office Property Sale Prices – Sale Trends
Commercial Real Estate Phoenix, AZ Market Trends The median sale price per square foot for office properties in the metro area has risen 4.9%. There was a 11.8% decline earlier this year during a five-month period ending in July. For office properties, the average sale price per square foot has risen to $66.94, a 3.6% […]