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A Guide to Office Space in Phoenix

Posted on: 25th July 2024

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A Guide to Office Space in Phoenix

If you're in the market for large or small office space for rent in Phoenix, you're in good company. Phoenix is a dynamic city pulsing with vigorous growth and opportunities.

This Southwest city is a critical link between California's and Texas' economies. Its strategic spot makes Phoenix a magnet for a diverse array of industries.

Phoenix is a blend of historical heritage and modern progress. This bustling urban center mixes culture, history, and innovation. It is also enjoying an influx of companies moving to the area, drawn in by the city's skilled workforce and supportive business environment.

In this article, we'll provide what you need to know about finding an office space for rent in Phoenix that meets the needs of your business.

Geography of Phoenix

Phoenix, the heart of Arizona, is notable for its strategic central location and large population of 1.6 million. This significant size reveals a well-structured urban layout, making navigation through the city straightforward

Its location makes Phoenix a logistical asset to businesses, providing easy access to California, Texas, and beyond.

Office space for rent in Phoenix brings reduced transit times and costs. These advantages make supply chain management efficient, which helps increase customer satisfaction.

Top business areas in Phoenix

Phoenix is a thriving hub for businesses in the US. Here are some of the top business districts for office rental space in Phoenix, AZ.

  • Downtown Phoenix: This area is the epicenter of the city's economic and cultural activity. An office space in Downtown Phoenix will place you near major financial institutions and tech startups. It also offers a vibrant environment with high brand visibility and easy commuter access.
  • Chandler (Price Corridor): Startups and established tech giants look to Chandler for a vibrant workspace in Phoenix. The area is well-equipped with modern infrastructure and is close to research institutions.
  • Tempe: An office space in Tempe will conveniently position you near the popular Arizona State University. This makes it ideal for tech companies seeking young talent and collaborative opportunities.
  • Scottsdale: Scottsdale, renowned for its luxury retail and upscale living, is thriving. It's a preferred location for businesses looking to bring an image of prestige to their organization.
  • Deer Valley: Deer Valley is a hub for manufacturing, distribution, and aviation businesses. This area's tailored infrastructure and business environment make it particularly suitable for companies in these sectors.
  • North Phoenix: This area is gaining traction as a growing business area. Businesses seeking office space for rent in North Phoenix will appreciate its affordability.

5 businesses based in Phoenix

The business landscape is diverse, from technology and retail to mining and education. Here are some of the leading businesses that have established themselves in Phoenix:

  • Avnet, Inc. is a global distributor of electronic components and solutions. Phoenix's centrality enables them to play a vital role in the technology supply chain.
  • PetSmart is a retail space specializing in pet products and services. It operates 1,521 stores across the United States.
  • ON Semiconductor focuses on energy-efficient innovations. Its headquarters are in Phoenix.
  • Freeport-McMoRan is one of the world's largest copper producers. Based in Phoenix, it operates mines and facilities in several countries.
  • Apollo Education Group (University of Phoenix) is a Phoenix-based corporation. It specializes in educational programs and services.

Top benefits of renting an office in Phoenix, AZ

There are many benefits to a business space for rent in Phoenix. Here are just some of the advantages you can look forward to by establishing an office here.

1. Diversified Economy

Phoenix offers a diverse economy, spanning key sectors like real estate, financial services, manufacturing, healthcare, and retail. This variety underpins its resilience and growth.

Such economic diversity offers businesses a range of opportunities for collaboration and innovation. It makes Phoenix an attractive destination for firms seeking a dynamic and secure market.

2. Attractive Location

Phoenix's location in the Southwest is a significant logistical advantage. It offers access to key markets like San Diego, Los Angeles, and Las Vegas, all reachable in under six hours.

The proximity to these markets enables businesses headquartered in Phoenix to manage operations and logistics effectively across the West Coast.

3. Global Business Appeal

Phoenix's appeal to global businesses is rooted in its innovative environment, making it a prime location for research and development. The city is known for fostering growth in cutting-edge sectors, and attracting international companies focused on innovation.

This dynamic environment, paired with the city’s strategic location, makes an office for rent in Phoenix, AZ a compelling choice for any international business.

4. World-Class Talent

Phoenix's strong talent pool is largely driven by its community colleges and universities, like Arizona State University. These institutions provide a continuous supply of skilled graduates, particularly in high-tech and advanced manufacturing jobs.

There are also programs, like the Arizona Advanced Technology Network, and partnerships with companies like Intel. These highlight the city’s focus on developing a workforce aligned with industry needs.

5. Competitive Incentives

Businesses in Phoenix benefit from a range of competitive incentives, which greatly enhance its appeal as a business location.

The Arizona Competitiveness Package, established in 2011, has been instrumental in reducing taxes and streamlining regulations. This legislation has positioned Arizona, and Phoenix in particular, as a desirable location for business expansion.

Additionally, the Greater Phoenix region offers advantages such as low business costs, minimal regulation, and a favorable operational environment. These incentives are designed to provide businesses with significant cost benefits and increased access to capital.

6. Tax-Friendly Environment

Phoenix's tax environment is highly favorable for businesses.

The state of Arizona offers one of the lowest corporate income tax rates in the U.S., at only 4.9%. This, along with the absence of franchise, inventory, and gross receipts taxes, makes the operational costs significantly lower.

These factors, combined with specialized tax credits like the Quality Jobs Tax Credit and the Qualified Facilities Refundable Tax Credit, create a business-friendly climate. This environment is ideal for companies seeking cost-effective operations and a simplified tax system.

How Much is Office Rental in Phoenix, AZ?

Renting office space in Phoenix is a cost-effective option. The city offers an attractive blend of affordability and value.

The cost of renting a private office in Phoenix varies by location, space type, and amenities. Businesses can expect to find competitive pricing here.

Despite its affordability, Phoenix has a tremendous variety of quality office spaces. There are high-rise buildings downtown and innovative spaces in emerging neighborhoods.

Phoenix offers a range of office environments to suit any business' needs.

Office space in Phoenix, AZ

Let's explore some shared and private office space for rent in Phoenix through Regus. These workspaces cater to big and small businesses. They also offer flexible contracts to suit your company's evolving needs.

One Renaissance Tower

Are you looking for contemporary office space in Phoenix's business district? One Renaissance Tower’s impressive office building is a striking feature of the city's skyline.

It offers easy access to government buildings and Arizona State University's campus. Additional transportation options include Phoenix Sky Harbor International Airport Phoenix, light rail buses, and rail lines.

This space boasts modern, well-equipped meeting rooms ideal for client meetings. It's an excellent choice for professional needs and after-hours relaxation.

Highlights include:

  • Gym and fitness room
  • On-site dry cleaning
  • On-site sandwich/coffee bar

Information about One Renaissance Tower

  • Location: 2 N Central Ave, Phoenix, AZ 85004
  • Starting cost: From $275 per month
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, reception hours for other members
  • Nearby transportation links: Jefferson/1st Avenue Rail Station (a two-minute walk away) and Phoenix Sky Harbor International Airport (an eight-minute drive away)

19820 N 7th St

19820 N 7th St is a prime choice for modern office space in Phoenix. It's a short drive to the airport and a short walk from the bus stop.

The interior is bright and luxurious, and the building offers top amenities. This modern setting makes it an attractive medical office space for rent in Phoenix.

After a busy day, the nearby parks make relaxation and unwinding easy. This space is the ideal blend of professional efficiency and comfort.

Highlights include:

  • Collaborative break-out areas
  • Fully stocked kitchens
  • On-site parking

Information about 19820 N 7th St

  • Location: 19820 N 7th St, Phoenix, AZ 85024
  • Starting cost: From $219 per month
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, reception hours for other members
  • Nearby transportation links: 7th Street and Beardsley Rd. Bus Stop (a four-minute walk away) and Phoenix Sky Harbor International Airport (a 20-minute drive away)

135 N 2nd Ave

135 N 2nd Ave offers an opportunity to elevate your business in Phoenix, Arizona. This sixth-floor shared workspace is within walking distance of a bus stop. It's six miles from the airport.

It features open-plan coworking areas, fully-stocked kitchens, breakout areas, and private meeting rooms. Your team will appreciate the onsite doggy daycare and childcare facilities.

After hours, enjoy Phoenix's vibrant arts scene, including museums, theaters, and galleries.

Highlights include:

  • On-site childcare facilities
  • On-site doggy daycare
  • Fully equipped meeting rooms

Information about 135 N 2nd Ave

  • Location: 135 N 2nd Ave, Phoenix, AZ 85003
  • Starting cost: Pricing is available upon request
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, reception hours for other members
  • Nearby transportation links: Adams St. and 3rd Ave. Bus Stop (a three-minute walk away) and Phoenix Sky Harbor International Airport (an eight-minute drive away)

3420 East Shea Boulevard

3420 East Shea Boulevard is tucked away in the mountains of North Phoenix. This space is tranquil yet connected. This quiet work environment enjoys easy access to freeways and the airport.

Natural light from the atrium and skylights floods this space. Here, you'll find an inviting space conducive to happy productivity.

The nearby Paradise Valley Mall offers a variety of shopping and dining options.

Highlights include:

  • Collaborative break-out areas
  • Fully equipped meeting rooms
  • Vending machines

Information about 3420 East Shea Boulevard

  • Location: 3420 E. Shea Blvd., Phoenix, AZ 85028
  • Starting cost: From $185 per month
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, reception hours for other members
  • Nearby transportation links: 32nd St and Shea Blvd. Bus Stop (a nine-minute walk away) and Phoenix Sky Harbor International Airport (a 12-minute drive away)

4600 East Washington

4600 East Washington is located at the Phoenix-Tempe Gateway. This office space bridges two dynamic neighborhoods. It's an excellent choice for businesses that value having a central location.

The executive workspace features wraparound floor-to-ceiling windows. It boasts an inviting atmosphere that can boost creativity and productivity.

Tenants enjoy the nearby golf courses, botanical gardens, and museums. Here, relaxation and inspiration are a stone's throw away from work.

Highlights include:

  • Business lounge
  • Gym and fitness room
  • Vending machines

Information about 4600 East Washington

  • Location: 4600 E. Washington, Phoenix, AZ 85034
  • Starting cost: From $235 per month
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, reception hours for other members
  • Nearby transportation links: Washington St & 44th St Bus Stop (a six-minute walk away) and Phoenix Sky Harbor International Airport (a three-minute drive away)

24th At Camelback

You'll find this stylish workspace in one of Phoenix's most esteemed business centers. 24th At Camelback is a sought-after location for businesses aiming for a strong presence in Phoenix.

The workspace offers a variety of settings to suit different working styles. Secluded office spaces encourage focused work. You can host informal meetings and collaborations in a lounge. Or, use the outdoor terrace for breaks and breakout sessions.

The area makes balancing work and leisure easy. Take a tour of Wrigley Mansion or hike the Echo Canyon Trail nearby.

Highlights include:

  • Collaborative break-out areas
  • Business lounge
  • On-site sandwich/coffee bar

Information about 24th at Camelback

  • Location: 2375 E. Camelback Road, Phoenix, AZ 85016
  • Starting cost: From $298 per month
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, reception hours for other members
  • Nearby transportation links: Camelback Rd & 24th St Bus Stop (a four-minute walk away) and Phoenix Sky Harbor International Airport (a 10-minute drive away)

Esplanade III

The views of Camelback Mountain and the Phoenix skyline are spectacular. Natural light fills the seventh-floor office space at Esplanade III.

This office space combines a prime location with functional amenities. It's an inspiring choice for businesses looking to elevate their workspace experience.

You and your team will also enjoy exploring the local culinary scene. The Esplanade III is close to a variety of Downtown Phoenix restaurants.

Highlights include:

  • Sandwich service
  • Business lounge
  • On-site lunch restaurant

Information about Esplanade III

  • Location: 2415 East Camelback Road, Phoenix, AZ 85016
  • Starting cost: From $295 per month
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, reception hours for other members
  • Nearby transportation links: Camelback Rd & 24th St Bus Stop (a four-minute walk away) and Phoenix Sky Harbor International Airport (a 10-minute drive away)

S 16th St

Park in the private lot and start your day with coffee at S 16th St in South Mountain Village. Supermarkets and cafes are only a step away from these shared spaces.

For meetings and presentations, S 16th St is an excellent choice. The well-equipped meeting rooms make a great first impression. Book a room by the hour using the Regus app and use all the latest technology for impactful meetings.

Highlights include:

  • Collaborative break-out areas
  • Fully stocked kitchen
  • On-site parking

Information about S 16th St

  • Location: 1904 W Parkside Ln, Phoenix, AZ 85027
  • Starting cost: Prices available upon request
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, reception hours for other members
  • Nearby transportation links: 16th St & South Mountain Ave Bus Stop (a one-minute walk away) and Phoenix Sky Harbor International Airport (a 12-minute drive away)

1904 W Parkside Ln

1904 W Parkside Ln is in a prime position for your business to establish itself and expand its reach. Commuting is easy with several public transport options available.

The building features a sleek, modern exterior with large windows. Inside, you'll find a variety of conference suites and open-plan coworking areas.

The private, bookable meeting rooms are ideal for team gatherings. The communal kitchen and comfortable breakout spaces offer areas to relax and refresh.

Highlights include:

  • Communal kitchen
  • Collaborative break-out areas
  • Fully equipped meeting rooms

Information about 1904 W Parkside Ln

  • Location: 2550 W. Union Hills Drive, Phoenix, AZ 85027
  • Starting cost: From $305 per month
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, reception hours for other members
  • Nearby transportation links: Tatum Bl & Paradise Village Pkwy S Bus Stop (a four-minute walk away) and Phoenix Sky Harbor International Airport (a 17-minute drive away)

11811 North Tatum Boulevard

11811 North Tatum Boulevard places your business among corporate headquarters and startups. It's an ideal spot in Phoenix for those looking to be part of a diverse and dynamic business community.

The office offers stunning mountain views, adding a scenic backdrop to your workday. The striking floor-to-ceiling windows create a bright and inviting workspace.

When it's time to take a break from work, enjoy the Stonecreek Golf Course right across the street. Work-life balance for you and your team is easy here.

Highlights include:

  • Accessible
  • Secure underground parking
  • Onsite sandwich/coffee bar

Information about 11811 North Tatum Boulevard

  • Location: 11811 N. Tatum Blvd., Phoenix, AZ 85028
  • Starting cost: From $345 per month
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, reception hours for other members
  • Nearby transportation links: Tatum Bl & Paradise Village Pkwy S Bus Stop (a four-minute walk) and Phoenix Sky Harbor International Airport (a 17-minute drive away)

2550 West Union Hills Drive

This long-term and temporary office space in Phoenix offers an urban workspace experience. Enjoy the convenience of a city office in a quieter locale at 2550 West Union Hills Drive.

The building features bright and modern workspaces. Large windows flood the office with natural light. The space's functional design and aesthetic appeal boost productivity and creativity.

The nearby Thunderbird Conservation Park is a 10-minute drive away. The surrounding area boasts a selection of vibrant cafes and restaurants.

Highlights include:

  • Business lounge
  • On-site parking
  • Elevator

Information about 2550 West Union Hills Drive

  • Location: 2550 W. Union Hills Drive, Phoenix, AZ 85027
  • Starting cost: From $345 per month
  • Opening hours: 24-hour access for Private Office and Dedicated Desk members, reception hours for other members
  • Nearby transportation links: Union Hills/24th Dr. Rail Station (a five-minute walk away) and Phoenix Sky Harbor International Airport (a 20-minute drive away)

Discover office space for rent in Phoenix with Regus

Ready to find office space in Phoenix? Regus offers a diverse range of options that cater to businesses of all sizes.

From the heart of downtown Phoenix to quieter suburban areas, Regus has an office space to meet any need.

Get in touch with us today and join a business community full of opportunities to connect and grow.

Topics in this article

  • Area Guides

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