Deer Vly/Pinnacle Pk

Phoenix - AZ USA - Industrial Submarket

Industrial real estate intelligence for the Deer Vly/Pinnacle Pk submarket. 23.1M SF of inventory with 8.4% vacancy. Data sourced from various MLS platforms.

23.1MSF

Inventory

3.5MSF

Available

8.4%

Vacancy

14.5%

Availability Rate

$17.23

Asking Rent

3.0%

Rent Growth

696KSF

12mo Absorption

1.1MSF

Under Construction

Market Metrics

12mo Delivered

513K SF

Under Constr % of Inv

4.8%%

Sale Price/SF

$232

Cap Rate

6.7%%

12mo Sales Volume

$298,229,792

Sales Vol Growth

55.5%

Asset Value

$5,617,891,817

Net Absorption

+696K SF

Recent DC Sales in Market

Property	Price	SF	Buyer
PHX01	$44.3M	135,160	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
PHX04	$23.2M	53,000	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
PHX02	$7.9M	24,092	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
2500 W Frye Rd	$130.0M	191,000	Lincoln Property Company
2475 W Townley Ave	$11.0M	50,960	Five 9s Digital

Available DC Space in Market

Property	Avail SF	Rent	Owner
Omnis Data Center	15,070	$21.00	Omnis Network, LLC
Agave Business Center	4,053	$16.50	Camco Investment Group
Building 1	37,240	$14.76 - 18.04 (Est.)	-
Building 4	59,000	$12.33 - 15.08 (Est.)	-
Building 7	23,800	$12.53 - 15.31 (Est.)	-

Data Centre Development Potential

High vacancy (8.4%) in Deer Vly/Pinnacle Pk may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 1.1M SF indicates developer confidence in the submarket. Positive net absorption of 696K SF over the past 12 months signals healthy demand fundamentals.