Kierland Industrial

We couldn't find any industrial spaces for Lease and Sublease

Kierland

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$43
Median Size (sqft)
2,560
As of: December 9, 2016

Kierland Rates

Most listings are in the $40's per square foot per year. The Kierland submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Kierland submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Kierland Listing Supply

In the last 90 days, 3 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the office spaces in the Kierland are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,560 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 4 stories. Most buildings in this area were built in 2000 and are Class A.

Kierland Community

A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Kierland folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Kierland.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Kierland.
Research