According to a recent study, Phoenix ranked as the top city in the nation to relocate or start a new business.
A booming real estate market propelled the city to the top ranking, the study from Commercial Cafe showed.
Lease prices were found to range from $14-$29 per square foot. This year, an extra 693,832 square feet of office space has been leased out in the city of Phoenix, which is an equivalent of 363 percent growth year-over-year