Tempe, AZ Commercial Real Estate Market Overview
Tempe, Ariz., is home to one of the most flourishing business landscapes in the United States. The city is driven by its diversified economy, with business services; manufacturing; healthcare and biotechnology; tourism; and technology being some of its key industries. Tempe also benefits from a strategic location, as it’s situated at the very heart of the state of Arizona, while also enjoying easy access to Phoenix Sky Harbor International Airport and being connected to other major cities in the state via Interstate 10 and several busy commercial highways.
The top employers in the city include Arizona State University, State Farm Insurance, Freedom Financial Network, JPMorgan Chase Bank National Association and ABM Industries. A number of other large organizations also have offices in Tempe, including Fortune 500 Company Insight Enterprises — a B2B and information technology company for enterprises that is headquartered in the city.