Lee & Associates Q3 2014 Phoenix Office & Industrial Market Conditions
Lee & Associates’ announced availability of the company’s third quarter report for the Phoenix office and industrial markets.
• Office Vacancy Rate: 21.6%
• Largest Q3 Office Lease: Concentrix leasing 101,803 SF at Fountainhead Office Plaza, Tempe
• Industrial Vacancy Rate: 12.1%
• Largest Q3 Industrial Lease: Green Light Direct leasing 73,781 SF in Tolleson