Phoenix Retail Figures Q3 2026

— The Phoenix retail market closed Q3 2026 with an availability rate of 4.4%.This represented a -.1% decrease from Q2 2026.

— The total retail sq. ft. absorbed in Q3 2026 was positive 642,000 sq. ft., compared to positive 441,000 sq. ft. in Q2 2026.

— There was 370,000 sq. ft. delivered in Q3 2026, compared to 677,000 sq. ft. in Q2 2026.— The overall average net asking rent for retail in Phoenix ended Q3 2026 at $20.43, representing a -$0.21 change from Q2 2026.

— The total retail investment sales in Q3 2026 amounted to $293. million in total volume, compared to $457.7 million in Q2 2026.