Kierland Sublease

Kierland

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
4,270
As of: June 22, 2017

Kierland Rates

The typical asking rate per listing is in the $30's per square foot per year. The Kierland region is going through a a rise in rates. In the last 3 months, the median rate increased $36 per sqft per year.

Compared to the rest of the Phoenix Metropolitan Area market, the Kierland submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Kierland Listing Supply

In the last 90 days, 5 listings have been made available, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 300% of the available space in the Kierland 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 posted, so finding a space for a small business might be tough.

Even though the median size is 5,040 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this area were built in 2000 and are Class A.

Kierland Community

A large portion of this area is residential, but there's plenty of office_space. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Kierland residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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