Intelligence

Commercial Real Estate Market Information

The Coldwell Banker Commercial brand has commercial real estate market statistics to help you find out specifics about your local commercial real estate market. Whether you are looking for market trends or information on commercial real estate market size, we have the market reports you need. Get the information you need to make informed commercial real estate decisions by checking out our commercial real estate market reports. If you did not find the commercial real estate market information you were looking for contact us today!

Coldwell Banker Commercial® Reports

Opportunity Zones & Taxes

Opportunity Zones & Taxes

What are Opportunity Zones? The real estate industry is buzzing about this new program which allows private investment in country’s distressed communities. CBC brings you a quick overview to help you understand what they are and how investors can use them for their benefit.

CBC Blue Book

CBC Blue Book

The CBC organization is proud to present its 2018 Year-End Blue Book!

The Blue Book is a helpful market report with information brought to you by the true “on the ground” experts – the professionals of the CBC organization from all over the world.

Market Report: Retail Repurposing

Market Report: Retail Repurposing

Up to 80 percent of Americans do at least some shopping online. As Americans shift the way they shop, retailers that have not adapted to the changing environment are closing their doors, with the list of failing brand names growing each year.

Market Report: Student Housing

Market Report: Student Housing

Healthy demand and numerous shifts in student housing trends have transformed the property sector. Once overlooked by investors for fear of poorly maintained properties and high turnover, this asset class has become resilient, boasting handsome returns.

Regional Summaries

Select a state to view available market snapshots

Phoenix, AZ

Apartment
The vacancy rate in the Phoenix apartment market ended the second quarter of 2019 at 4.7%, up 30 basis points for the period but equal to the year-end 2018 rate. The 2018 vacancy rate was flat overall. At $1,081 and $1,022 per month, still below national averages, asking and effective averages for the second quarter were up 2.4% and 2.5%, respectively, year-to-date. Gains for the second quarter alone were 1.5% apiece. VIEW APARTMENT LISTINGS >
Industrial
Vacancy in the 150.5-million-square-foot metro Phoenix warehouse/distribution market remains relatively elevated. The second quarter 2019 warehouse/distribution sector vacancy was 13.7%, same as the quarter before and down 30 basis points year-to-date following a 30-basis-points increase all told last year. At $6.13 psf and $5.61 psf, second quarter asking and effective averages represented gains of 1.9% each year-to-date following increases of 3.3% and 3.4% all told last year. Second quarter gains were 0.7% and 0.4%. Vacancy in the 32.4-million-square-foot local Flex/R&D space market, also high, also has declined notably year-to-date. The rate ended the second quarter of 2019 at 15.7%, up 10 basis points for the period but down fully 150 year-to-date following a gain of 140 basis points through 2018. At $11.14 psf and $9.95 psf, second quarter average asking and effective rates for Flex/R&D space as reported by Reis represented gains of 2.2% and 2.8% year-to-date after increases of just 1.2% and 0.7% through 2018. The second quarter 2019 gains were 1.3% and 1.4%. VIEW INDUSTRIAL LISTINGS >
Office
With 76.7 million square feet of existing general purpose, multi-tenant inventory, the Phoenix area office market is not large in relation to the MSA's population base, now approaching 5 million. Reis put the second quarter 2019 vacancy rate at 22.0%, down 60 basis points for the period and down 70 year-to-date following a 20-basis-points decline through 2018. Second quarter average asking and effective rates were $26.31 psf and $20.61 psf, up 1.1% and 1.3% year-to-date following increases of 2.8% and 2.9% in 2018. Gains for the second quarter alone were 0.7% for both averages. VIEW OFFICE LISTINGS >
Retail
In the second quarter of 2019 the Phoenix community-neighborhood shopping center market vacancy rate was 9.8%, up 10 basis points for the quarter but the same as the rate reported for year-end 2018. At $20.91 psf and $18.00 psf, respective second quarter 2019 average asking and effective rents for community-neighborhood center space represented gains of 0.9% and 1.0% year-to-date following increases of 1.2% and 1.4% in 2018. Growth rates for the second quarter alone were negative, at 0.1% each. VIEW RETAIL LISTINGS >

Source: Data provided by Reis, Inc. based on Market Summaries for the 85 Primary and Secondary Markets they cover.