Suburban Office Markets See Most Leasing in '15

Four suburban office markets—Chandler, the Scottsdale Airpark, Camelback Road and 24th Street, and the Deer Valley Airport, have enjoyed net leasing of 968k SF so far this year. All together that's more than 64% of the region's leasing, according to data from Lee & Associates. Most of the office space under construction this year is in Tempe and Chandler. Still, Old Town and South Scottsdale, Downtown Mesa, and Tempe have the tightest markets in the region. [PBJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Phoenix Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

Developer Lands $73M Bridge Loan For Phoenix Build-To-Rent Community

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject

Private Equity Firm Buys Former Texas Instruments Campus For New Headquarters

DFW Office Footprints Likely To Shrink As AI Use Increases And Companies Battle For Talent