Tempe, AZ Commercial Inventory Breakdown
Industrial
Total: 17,264,917 SF
By square footage range:
- 50k to 100k SF: 4,502,015 SF / 26.08% of total industrial
- 100k to 500k SF: 11,480,237 SF / 66.49% of total industrial
- 500k to 1M SF: 1,282,665 SF / 7.43% of total industrial
By class:
- Class A: 4,665,725 SF / 27.02% of total industrial
- Class B: 12,056,335 SF / 69.83% of total industrial
- Class C: 542,857 SF / 3.14% of total industrial
Tempe Demographics
Population
- Total Population187,454
- Male Population(52.5 %) 98,361
- Female Population(47.5 %) 89,093
- Median Age29.50
Income/Financial
- Average Household Income$76,572
- Median Household Income$57,994
- Median Income Under 25$24,757
- Median Income 25-44$63,468
- Median Income 45-64$75,241
- Median Income Over 65$55,309
News
The years between 2000 and 2020 have proven to be quite eventful for the U.S. office market. The first decade started on the tail end of the dot-com bubble, which resulted in the boom and bust of an unprecedented real estate bubble. Then, the 2010s were marked by growth and consolidation, only t...
Whenever a big corporation lands in a city, many sectors of the economy get a powerful boost. In real estate, the influx of newly created jobs attracts a vast pool of talented professionals looking for a place to stay, which in turn leads to a spike in home renting and buying demand. Universit...
Amazon’s search for a new home has stirred up city officials and developers across the country, and 238 applicants across North America have expressed interest in housing the company’s next headquarters. Of course, the retail giant has a few requirements: the chosen metropolitan area should idea...