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United States | Phoenix, AZ

Report | Phoenix Law Firm Perspective - 2016

Summary

​Available Class A space in Phoenix's law firm-concentrated markets is shrinking and rents are escalating, with several submarkets surpassing pre-recessionary levels. Active development pipelines in the Southeast and Northeast market areas will provide nearly 500,000 square feet of new speculative Class A office space over the next 12 months. Availabilities for small-sized law firms (smaller than 10,000 square feet) remain abundant throughout all classes.​

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