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THE PHOENIX OFFICE MARKET: RELOCATING vs. RENEWING.

  • Writer: Renee Ervanian
    Renee Ervanian
  • Sep 3
  • 1 min read

Updated: Sep 13

THE MODERN CORNER OFFICE STILL PREFERS A VIEW.
THE MODERN CORNER OFFICE STILL PREFERS A VIEW.

The Phoenix Office Market is currently showing mixed signals, making it more complicated to decide whether to relocate or renew your lease. While there has been positive net absorption with favorable and steady leasing activity, market trends indicate a high demand for smaller, upscale suites, while larger, older suites are facing rising vacancies. This is a result of the hybrid work models remaining strong and in demand, as many employees prefer to work from home.


The office floor plan is being redesigned to align with the evolving hybrid work culture - creating a dynamic environment that fosters both in-person collaboration and remote productivity.




RELOCATING OR RENEWING YOUR LEASE? CALL FOR A LIST OF PERFECTLY MATCHED VACANCIES.
RELOCATING OR RENEWING YOUR LEASE? CALL FOR A LIST OF PERFECTLY MATCHED VACANCIES.

 
 
 

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