Globa Office Space


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Globa Rates

The typical asking rate per listing is in the $10's per square foot per year. The Globa submarket is going through a a boost in rates. In the last 3 months, the median rate rose $18 per sqft per year. That's a Inf% increase in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Globa region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Globa Listing Supply

In the last 90 days, 5 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 20% of the available space in the Globa 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 available, so finding a space for a small business might be tough.

Even though the median size is 6,070 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market were built in 1988.

Globa Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the occupants of Globa work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.