Arizona Office Space

Class A Office Opportunity in Chandler Tech Corridor Space
Chandler, AZ
# Class A Office Opportunity in Chandler Tech Corridor The Stearman is a two-story, ±65,000-square-foot multi-tenant office building, located at the northeast corner of Ryan Road and Stearman Drive in Chandler, Arizona. Estimated delivery is February 2018. The Stearman boasts an innovative, modern design coupled with attractive aesthetics to provide companies with a Class A experience. The building is one-of-a-kind, with each detail thoughtfully planned to afford emerging generations of office users a unique corporate identity. The Stearman’s unique construction style will allow users to be actively involved in the creation of a space that fully meets their needs. The Stearman’s highly desirable location gives users unparalleled access to 1.2 million square feet of retail amenities, as well as being strategically positioned in proximity to Loop 202. The City of Chandler, in the southeast portion of metropolitan Phoenix hosts more than 260,000 residents, and is expanding at a pace of nearly 2 percent annually—faster than the state average as a whole. It is the fourth largest city in Arizona by population, trailing only Phoenix, Tucson and Mesa. Of the top five cities in Arizona, Chandler is by far the fastest-growing city in the group. Businesses, particularly those in the high-technology segments of the economy that are looking to establish a presence in Arizona due to the state’s pro-business climate and affordable cost of living, consistently target Chandler to attract the best talent to run their enterprises. Features - Estimated delivery is February 2018 - ±65,000-square-foot, two-story Class A office building on approximately 4.3 acres - Ten-foot finished ceilings and floor-to-ceiling glass gives this project a unique feel, which will appeal to users desiring creative, high-tech space. - Open concepts to promote collaboration - Surface parking will be provided at approximately 5:1000 rentable square feet, with covered parking provided based on tenant requirements
8787 E Pinnacle Peak Rd Space
Scottsdale, AZ
# Last Office Suite in Alamos Building Last office suite for lease in the Alamos Building, located at 8787 E. Pinnacle Peak Road in Scottsdale, Arizona. This unique North Scottsdale property sits on the southwest corner of Pinnacle Peak and Pima roads, creating great visibility for clients and guests, as well as stunning views of McDowell Mountain. Suite 204 is available for lease, consisting of ±2,553 square feet, with a lease rate of $18.50, full service. The Alamos Building is a vibrant Spanish Colonial style, multi-tenant office building with upgraded features. Replacing a common area lobby, the offices enclose a beautifully landscaped and maintained gated courtyard. Guests are first greeted by the plaza’s decorative wrought iron entry and impressive Spanish fountain. Other exterior architectural features include open air walkways, decorative columns and Saltillo tile, surrounded by an ornate second story balustrade. Features - Parking Ratio: 4.3/1,000; 27 covered spots; reserved at $35 per month - Stunning mountain views from every office - Large walking deck and additional private balconies - First- and second-story common area rest rooms - Upgraded interior finishes include baseboards, wood paneling and lighting - Built-out kitchenette and break room options - Private-entry offices - Tenant-friendly landlord - Numerous dining, shopping, and recreational accommodations are within walking distance, including AJ’s Fine Foods, Starbucks, CVS Pharmacy, and Pinnacle Peak Country Club and Golf Course.


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: May 21, 2017

Arizona Rates

The typical asking rate per listing is in the $20's per square foot per year. The Arizona submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% increase in rent.

Arizona Listing Supply

In the last 90 days, 1683 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Arizona are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,800 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1990 and are Class B.

Arizona Community

Market Report

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

Market Data

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