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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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PRECISION, STRATEGY AND EXECUTION IN EVERY TRANSACTION.

Renee Ervanian serves as your reliable tenant and buyer rep advocate in Arizona. A second-generation Arizonan and ASU graduate, Renee has cultivated a strong foundation in Arizona brokerage and market fluency. Drawing on her expertise, Renee continues to lead office, industrial, and healthcare clients as they navigate the complexities of  leasing, renewals, and purchases. Her strategic insights and committed advocacy empower clients to secure spaces that meet their specific needs. Whether guiding a first-time relocation or structuring a complex renewal, Renee streamlines clarity, care, and confidence to every step of the journey.

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