2018 Year in Review: Big office deals centered around key submarkets

ONE HUNDRED MILL: The $190 million mixed-use creative office, retail and lifestyle-hotel development, located on the 2.51 acre parcel on the corner of Mill Avenue and Rio Salado Parkway in Tempe.

 

By Corina Vanek | Phoenix Business Journal

Some of the Valley’s hottest office submarkets were the focal point for the biggest office deals of the year.

The majority of the biggest sales — four of the top 15 — were in Tempe, the submarket with the fourth-highest rent growth in the country, according to a report from CBRE. Tempe has the lowest office vacancy rate of any submarket in the Valley, with 4.7 percent vacancy for office space. Click on the photo gallery above to see the biggest office deals of the year.

Midtown Phoenix and Scottsdale also landed some major deals this year, with three apiece of the 15 most expensive office sales of the year so far, according to Cushman & Wakefield research.

READ ON:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

December 2018
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31