Tag Archives: tech tenants

Major forces promoting Downtown Phoenix continue to attract tech tenants

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For years, the Phoenix tech industry has been driven by heavy activity in Scottsdale and Tempe, particularly South Scottsdale and Downtown Tempe. The live-work-play concept of these areas continue to lure the young professionals many tech companies recruit.

However, Downtown Phoenix has recently emerged as another popular submarket to evaluate,… Read More

Phoenix is on the cusp of a new coworking era

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Illustration of four people coworking at computers.The coworking revolution is transforming real estate. Pioneered by start-ups, entrepreneurs and freelancers, a growing number of companies, large and small, are exploring how to incorporate the concept. Coworking and liquid or flexible space are fast becoming critical components of wider Corporate Real Estate (CRE) and portfolio strategy.

In Phoenix, we have… Read More

Tech tenants help to shape the Phoenix real estate market

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It is no secret that Phoenix is seeing a vast growth of technology companies. According to an article recently published by Forbes Magazine, “Arizona has more than 7,600 high-tech companies already operating within the state.” And according to the Arizona Commerce Authority, 54 out of every 1,000 private sector workers are employed by a high-tech firm with the average high-tech wage almost 2.5 times greater than the average wage in Arizona.

So how is this growth changing the real estate landscape? Our local tech expert, JLL associate Trevor Pratt, summarizes the big trends he is seeing after working with companies like OutboundEngine, FATHOM, Beyond Trust, Wayside Technology Group and SigFig.… Read More