Tag Archives: Warehouse District

Phoenix office rents increase to highest level in nine years

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Office rental rates in the Phoenix market increased to $25.21 per square foot in the second quarter, quickly approaching the previous peak of $26.82 per square foot set in 2007.

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With absorption surpassing 12.6 million square feet and only 8.8… Read More

Downtown Phoenix gets new office inventory for the first time since 2010

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downtown Phoenix skyline

Downtown Phoenix skyline

The Downtown submarket saw 122,220 square feet of redeveloped office space delivered in the fourth quarter of 2016, marking the first time new inventory has been added to the submarket since 2010.

Situated in the fast-growing Warehouse District, 515 East Grant… Read More

The Phoenix Skyline continues to evolve as a hip live-work-play destination

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Downtown Phoenix Skyline

Downtown Phoenix Skyline

The office buildings that make up the Phoenix Skyline have entered new territory in 2016, with rents and tenant demand achieving impressive gains over the last 12-24 months. And while JLL’s 2016 Skyline shows that rent growth across much of the nation may be peaking and moderating, Phoenix’s Skyline and trophy assets (those ultra-premium… Read More