Phoenix Offices

Searching for the ideal executive suite or commercial office space to lease is a long and tedious process. As the Great Recession has become worse, it's become necessary for all companies (or individuals like a lawyer, doctor, tax advisor, etc) to find the optimum office space. Officespaceheaven.com offers a free service and has a proven history to help any company or business succeed with their search. Phoenix is the capital city and largest city of the state of Arizona. It is home to roughly 1.5 million residents and is a major center of commerce. Nicknamed the “Valley of the Sun”, the city boasts the 12th largest metropolitan area in the United States with nearly 4.3 million residents. The area has an average high temperature in the summer of over 100 degrees, making it one of the hottest cities in the nation in terms of temperature. Other areas in the local Phoenix area we service are Mesa, Scottsdale and Tempe. We also provide offices in Tucson, Los Angeles and Las Vegas.

Office Space Pricing

There are plenty of new developments in terms of commercial real estate in the area. The Phoenix area is one of the hot spots for economic development in terms of housing and business real estate construction. Many options are available to lease Phoenix office space. Office space in the Phoenix area is relatively low cost and rivals any major locale. The prices include amenities for some spots that will have businesses fighting over the chance to get into a nice space. Office space rental rates start as low as $1 a square foot for 1,000 square feet and larger. Smaller office space options are available at a fraction of the cost of bigger cities and the city of Phoenix has been seen as a great place for entrepreneurs. Tenants attempting to lease Phoenix office space have a variety of offices to select from including executive suites and furnished temporary offices. Prices depend upon floorplan and size but all lease agreements should be negotiated prior to move in and landlords are hurting for occupancy. The office vacancy rate of Phoenix hovers around 17.5% but has dropped significantly in recent months and has been as low as 12%. The fluctuation is due to the national economy but the outlook looks promising. See our office space articles for more information.

Phoenix Economy

The economy of Phoenix is as diverse as the people that live there. It features many large-scale employment opportunities, including many Fortune 1000 companies. Just some of the companies that call the city home include Allied Waste, Avnet, Apollo Group, University of Phoenix, CSK Auto, Honeywell’s, Freeport-McMoran, American Express and U-Haul to name a few. Businesses looking to lease Phoenix office space have a well intended workforce to select from as well. The city also boasts a strong military presence with Luke Air Force Base located in the western suburbs and many other major auxiliary airfields throughout the state. There are many jobs to help all walks of life in any stage of their career to move forward. Whether you’re looking to climb the corporate ladder or make your mark in another field, you’re going to find Phoenix to be a great city. Despite having a large-scale diverse job market, the area was not immune to the economical downturn of 2009 and has an unemployment rate of around 8.2% but has decreased as it has been as high as 14% in recent months. The major airport in the area is Phoenix Sky Harbor International Airport. It has recently been upgraded with better roads, airfield improvements and major interior renovations that rival any major airport across the nation. Travelers will be treated to a world-class customer service experience with great options in terms of shopping, retail, dining and leisure while traveling through one of the busiest airports in the southwestern states. The crime rate of Phoenix is relatively low compared to other larger cities. It is not without its major problem areas though and there are in fact violent crimes in the area. However, when compared to larger metropolitan cities in the nation with similar populations, the crime rate is relatively low overall. Between the mild winters, bargain home prices and many outdoor activities, the Phoenix area is a great place to locate a business. Use our free service and see our webpage dedicated to office space in the Phoenix area. We have pics and images on our site and will find the office suite you are looking for. See officespaceheaven.com if you are looking to lease Phoenix office space.