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Phoenix is officially one of the top tech markets in the nation for office leases. According to a list of the markets with top tech-company office leasing activity from CBRE, Phoenix is ranked fourth in the nation for its share of the technology leasing, with a total of 1.3 million square feet in tech leasing deals in 2019. San Francisco, Manhattan and Seattle took the top three spots on the list.

“Tech companies are attracted to Phoenix for many of the same reasons that have prompted many firms across all sectors to open operations and/or expand their presence within the Valley,” Kevin Calihan, EVP at CBRE, tells GlobeSt.com. “Companies of all sorts are attracted to Phoenix’s growing, affordable, and increasingly educated work force, favorable business environment and high quality of life.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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