Energy and commodities occupiers in Phoenix typically cluster in Camelback Corridor, plan ~240 sqft per seat at trophy fit-out ($225–320/sqft), and pay around 34 USD/sqft ($34 USD) on Class A.

  • Preferred submarket: Camelback Corridor.
  • Typical fit-out spec: Trophy ($225–320/sqft).
  • Plan ~240 sqft per seat for headcount sizing.
  • Class A rent context: 34 USD/sqft ($34 USD).
  • Typical lease: 7 years with 12 months rent-free.
  • Talent depth in Phoenix: 74/100.

Energy and commodities office space in Phoenix

Energy and commodities occupiers in Phoenix typically cluster in Camelback Corridor, plan ~240 sqft per seat at trophy fit-out">fit-out ($225–320/sqft), and pay around 34 USD/sqft ($34 USD) on Class A.

TL;DR

  • Preferred submarket: Camelback Corridor.
  • Typical fit-out spec: Trophy ($225–320/sqft).
  • Plan ~240 sqft per seat for headcount sizing.
  • Class A rent context: 34 USD/sqft ($34 USD).
  • Typical lease: 7 years with 12 months rent-free.
  • Talent depth in Phoenix: 74/100.

Where they cluster

Energy and commodities occupiers in Phoenix typically anchor in Camelback Corridor. Investment management, law firms, professional services, healthcare HQs.

What they pay

Class A rent in Phoenix runs 34 USD/sqft ($34 USD) on a 7-year lease with 12 months free. Trophy submarkets command a 20–40% premium above the city index.

Spec and fit-out

Typical energy and commodities fit-out targets trophy specification at $225–320/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.

Headcount sizing

Plan around 240 sqft per seat blended (workstation + circulation + amenity). A 100-headcount energy office in Phoenix typically targets 24,000 sqft of leasable area.

Talent angle

Trading floors concentrate in CBD trophy product with redundant power and connectivity; engineering teams scale in suburban energy corridors. Strong tech, semiconductor, healthcare, and financial services back-office talent. ASU Tempe is the largest single-campus US university and a major engineering pipeline. TSMC and Intel are reshaping the engineering talent market.

Tax and lease context

Headline corporate tax: 26%. Modified-gross structures with operating-expense pass-throughs. 7-10 year terms standard. Free rent of 10-14 months and TI of $80-$110/sqft typical on a 10-year Class A deal. Concession-rich market.

Key facts

cityPhoenix
industryEnergy and commodities
naics211, 212, 523130
preferredSubmarketCamelback Corridor
preferredFitoutSpecTrophy
fitoutBand$225–320/sqft
sqftPerSeat240
classARentLocal34 USD/sqft/yr
classARentUsd$34/sqft/yr
vacancyPct23.4%
typicalLeaseYears7
typicalRentFreeMonths12
talentIndex74
corporateTaxPct26%

Frequently asked questions

Where do energy and commodities occupiers lease office space in Phoenix?
Most cluster in Camelback Corridor. Rent runs ~34 USD/sqft ($34 USD) for trophy and prime stock.
What fit-out spec do energy and commodities occupiers run in Phoenix?
Typically trophy at $225–320/sqft.
How much office space per seat should a energy and commodities occupier plan in Phoenix?
Plan ~240 sqft per seat blended. A 100-person team typically takes 24,000 sqft.
What NAICS codes describe the energy and commodities vertical?
Representative NAICS 2022 codes: 211, 212, 523130.
What is the talent index in Phoenix?
74/100. Use the city profile for full detail.

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Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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