Tempe / Town Lake is best-fit for tech (state farm, carvana), university spinouts, financial services.

• Tier: trophy.
• Tenant fit: Tech (State Farm, Carvana), university spinouts, financial services.
• Average rent $44/sqft/yr.

TL;DR

• Tier: trophy.
• Tenant fit: Tech (State Farm, Carvana), university spinouts, financial services.
• Average rent $44/sqft/yr.

Best fit

Tech (State Farm, Carvana), university spinouts, financial services.

Less good fit

Cost-sensitive operations and back-office functions are usually a poor fit — the rent premium is real and is paid for brand and address.

Key facts

Frequently asked questions

Is Tempe / Town Lake the right fit for my office?

Tech (State Farm, Carvana), university spinouts, financial services. If your profile aligns, yes. If your priority is cost over address, consider value-tier submarkets first.

Related

• Tempe / Town Lake — submarket overview
• Phoenix — full city profile
• Phoenix submarkets — all
• Tempe / Town Lake — Rents
• Tempe / Town Lake — Tenants
• Tempe / Town Lake — Transit
• Tempe / Town Lake — Amenity

Editorial provenance

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

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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