Compared to the rest of the Phoenix Metropolitan Area market, the Kierland submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 5 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available space in the Kierland are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 5,240 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this area were built in 2000 and are Class A.
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.