• Skip to primary navigation
  • Skip to main content
       480-612-0384        nick@nickminer.com                     

Nick Miner, CCIM

  • Home
  • News/Blog
  • Properties
    • Listings
    • Recent Transactions
  • Market Reports
  • About
  • Contact
  • Consulting

Office Property Sale Prices – Sale Trends

December 13, 2012 by Nick Miner, CCIM   No comments   Filed Under: Commentary, Research

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% increase compared to the end of last quarter. But for the previous 12 months, sale prices are down, showing a 8.1% decline. The highest median sale price over the past three years, which was $144.40, was set in October 2009. In comparison, the current median sale price is down by 53.6%. However, the current price is 4.9% above the three-year-low of $63.84 set in July 2012. Source - LoopNet

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Nick Miner, CCIM

ORION Investment Real Estate
7150 E. Camelback Road
Suite 425
Scottsdale, AZ 85251

480-226-8037
nick@nickminer.com

FOLLOW NICK ON TWITTER

  • Commercial Real Estate & Business News – January 19, 2021 #Phoenix #AZ #CRE #news 1-19-2021 https://t.co/ABueaHWPTm via @nickminer about 17 hours ago
  • Commercial Real Estate & Business News – January 15, 2021 #Phoenix #AZ #CRE #news 1-15-2021 https://t.co/WDabK2wo0n via @nickminer 07:21:52 AM January 15, 2021
@nickminer

Site Library

SITE CATEGORIES