Most listings are in the $40's per square foot per year. The Pinnacle In Kierland region is experiencing a an increase in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Pinnacle In Kierland region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 2 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 26,580 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this region were built in 2001 and are Class A.
Public administration is the dominant industry in this market. Most of the occupants of Pinnacle In Kierland work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.