Tag Archives: tech companies

Just how much cheaper is Phoenix for tech companies compared to Silicon Valley?

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There are many reasons tech companies are choosing Phoenix as their home: a more affordable quality of life for employees, a strong and growing talent pool, and—most significantly—a lower cost of doing business including lower real estate costs.

According to JLL’s U.S. Technology Outlook, office rent in Phoenix’s most expensive tech submarket (Tempe) is 71 percent cheaper than Silicon Valley’s most expensive tech submarket (Menlo Park) and is 34 percent cheaper than… Read More

Tech heats up in Arizona

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According to JLL’s U.S. Technology Outlook, Phoenix has become a magnet to tech entities, thanks to its lower cost of doing business, including average office rents of $23.94 per-square-foot (PSF), and its educated workforce, with 29 percent of the population holding a bachelor’s degree or higher.

Keith Lammersen, JLL Tenant Representation“Companies coming from markets like

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Can a building be too ‘corporate’ looking?

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Can-a-building-look-too-corporate-e1439378330427With competition for millennial employees often seeming to come down to culture, companies are busily seeking creative spaces that reflect their mission.

And while exposed wood and converted warehouses have been luring tech companies for years, the desire to work in more creative, authentic space is now spilling into the broader world.

Christian Beaudoin, JLL’s… Read More