Phoenix, AZ Commercial Inventory Breakdown
Office Spaces
Total: 63,063,090 SF
By square footage range:
- 50k to 100k SF: 16,048,076 SF / 25.45% of total office
- 100k to 500k SF: 40,502,896 SF / 64.23% of total office
- 500k to 1M SF: 5,172,118 SF / 8.2% of total office
- > 1M SF: 1,340,000 SF / 2.12% of total office
By class:
- Class A: 26,533,256 SF / 42.07% of total office
- Class B: 30,801,562 SF / 48.84% of total office
- Class C: 1,639,702 SF / 2.6% of total office
Phoenix Demographics
Population
- Total Population1,574,421
- Male Population(49.8 %) 784,828
- Female Population(50.2 %) 789,593
- Median Age33.30
Income/Financial
- Average Household Income$73,092
- Median Household Income$52,080
- Median Income Under 25$31,941
- Median Income 25-44$53,507
- Median Income 45-64$60,352
- Median Income Over 65$41,298
News
Top Cities for Startups in the US – Chicago, Phoenix, San Antonio Among Best Large Cities for Early Stage Startups
July 16, 2019
The top 10 cities for startups in our smaller population bracket include the country’s most (still) affordable cities in which to live and start a business, and which have a budding entrepreneurial scene and diversifying economies.
2019 US Office Pipeline – NYC, the Bay Area and San Francisco Set to Deliver 33 MSF of Office Space
April 10, 2019
Since 2009, the U.S. economy has had more than 110 consecutive months of growth, making this the second longest economic expansion since the Great Depression. After a rather tepid 2017 performance, the U.S. office market gathered some steam in 2018, adding 76 million square feet of new office sp...
The U.S. industrial real estate market had a solid year in 2018 and has continued to strengthen through the first quarter of 2019. Industrial rents are on an upward path, while the construction pipeline is robust and development is spurred on by the e-commerce sector. In terms of development, 20...
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