Phoenix Office Space for Lease
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Where to Rent Office Space in Phoenix
In response to the influx of young, creative professionals flocking to the city, Phoenix developers have responded by revitalizing worn-down and long neglected neighborhoods to transform the city’s outer limits into urban areas filled with restaurants, bars, shopping areas, and modern manufacturing and warehouse facilities to cater to expanding business interests.
The Warehouse District in particular, which lies south of Jefferson Street, has seen increased interest by technology companies looking to attract affluent young workers who wish to avoid the hustle-and-bustle of downtown Phoenix, where finance, commerce, and professional and business services continue to call home. Companies seeking office spaces with exposure and visibility in Phoenix should take a hard look at the Downtown or Midtown regions, which are about to explode with new and planned redevelopment projects, but retail and foot traffic-dependent companies will find plenty of interest in suburban regions of the city like Central Avenue, South Phoenix, and North/Northwest Phoenix, where lease terms are more lenient and flexible by comparison.
Market Stats
Phoenix has 6,269 commercial real estate spaces for lease, representing 72,456,026 sqft space.
1645 buildings are available for sale.
In the past 30 days, Phoenix has had 1788 spaces leased and 8 new spaces come on market.