Compared to the rest of the Phoenix Metropolitan Area market, the Fashion Square 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 come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 250% of the office spaces in the Fashion Square are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,340 sqft. Most buildings in this market are close to 5 floors. Most buildings in this region were built in 1987 and are Class A.
This area is fairly equally mixed residential and commercial. Utilities is the dominant industry in this area. Most of the folk of Fashion Square work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.