Downtown Phoenix is best-fit for government, professional services, healthcare hqs, university research.
Downtown Phoenix is best-fit for government, professional services, healthcare hqs, university research.
Government, professional services, healthcare HQs, university research.
Tenants demanding the absolute top-of-market trophy address may find prime tier just below their target.
| city | Phoenix |
|---|---|
| submarket | Downtown Phoenix |
| tier | prime |
| averageRentLocal | $32/sqft/yr |
| cityClassARentUsd | $34/sqft/yr |
| cityVacancyPct | 23.4% |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.