Considered a tech disruptor with a burgeoning IT industry, Phoenix is a prime choice for evolving your business. Thanks to Arizona’s generous tax incentives and skilled workforce, the city enjoys an inviting economic climate.
Office space in Phoenix puts you close to Fortune 500 companies and innovative startups. Commercial real estate is also affordable thanks to the sector’s local economic investment.
A sustainable city with a complete selection of amenities, Phoenix offers an attractive environment for success.
11 reasons to rent an office space in Phoenix
Phoenix enjoys a booming business economy, with Arizona considered one of the top 10 states for small business growth.
There’s been an increase in commercial real estate following the city’s recovery after the 2008 financial crisis. These days, it’s a low-cost option for businesses looking to operate in the Southwest.
Below, we explore 11 reasons why you should rent office space in Phoenix.
1. Thriving business environment
Phoenix has a diverse business community. With strong links to the financial, healthcare, and tech industries, the robust local economy can attract multinational enterprises and determined startups alike.
In particular, the city’s tech sector has enjoyed explosive growth. It expanded by 13.4% in 2021, allowing it to take the spot as the 10th best place for tech industry growth in the US in 2022.
2. Collaboration and growth
In Phoenix, businesses benefit from robust networking opportunities facilitated by organizations like the Greater Phoenix Chamber. The Chamber offers monthly networking events and professional development opportunities.
These events cater to different demographics and focus on leadership, career growth, and community involvement. They significantly contribute to the city's collaborative business atmosphere
With new business registrations above the national average, Phoenix is also seeing an influx of innovators. This growth mindset has allowed the city to revitalize and expand its economy in the last decade.
3. Skilled and educated workforce
There are many higher education institutions in Phoenix, including Arizona State University. This is one of the largest public universities in the US. Phoenix residents have a high level of education, with 31% having a bachelor’s degree or higher.
Thanks to the city’s specialization in healthcare, many institutions focus on medical studies. If you operate in biotech or healthcare, you’ll find many skilled graduates in the area.
4. High quality of life
If you want your business to flourish in the sun, Phoenix will be for you, as over 300 days each year are forecast with sunshine and an average temperature of 75 degrees.
The region is mountainous, with 24 national parks and landmarks near the city. It’s also known for its vibrant nightlife with a thriving arts district.
5. Access to major markets
Phoenix is in the perfect location for access to the western US. Its highway and rail infrastructure connect Arizona to major markets in California, Colorado, Nevada, New Mexico, Texas, and Utah.
The city is also a great consideration for international businesses, with The Phoenix Sky Harbor International Airport serving as a key international gateway. It offers nonstop services to 24 international destinations, including major cities in Canada, Mexico, and Europe.
The airport is also recognized for having one of the fastest customs times in the U.S. for major airports and is considered to be one of the most reliable airports in the country.
6. Economic incentives
Arizona provides significant economic benefits for businesses. In Phoenix, your business can take advantage of generous tax credits if you invest in the local area.
This includes tax credits covering 30% of the costs for community solar projects, with additional credits for projects in affordable housing and low-income communities.
The city has also raised the maximum refundable research and development tax credits for small businesses. Going from $250k to $500k, businesses can reduce their tax burden while also investing in their own innovation and growth.
7. Ongoing development
Expand your operations in Phoenix thanks to the wealth of commercial real estate available. Phoenix has revitalized itself over the last few years. The downtown area is now one of the hottest development areas in the Southwest.
Downtown Phoenix has seen over $7.6 billion in investment between 2005-2023, with a focus on expanding both the commercial and residential quality of the city.
8. Entrepreneurial ecosystem
As an entrepreneurial city, Phoenix boasts a thriving network of business incubators and startup accelerators.
While many focus on the tech sector, a diverse array of multi-sector incubators also flourishes in the area, offering essential support and resources to startups across various industries.
Arizona State University plays a pivotal role in this ecosystem, backing numerous opportunities for emerging entrepreneurs with initiatives like the Venture Devils program. This provides invaluable mentorship and support, fostering entrepreneurial success not only within its community but also in the wider Phoenix area.
Support systems like these capture Phoenix’s reputation as a nurturing ground for innovative business ideas.
9. Thriving tech scene
Phoenix is at the center of the next big tech boom. Specialisms like fintech are paving the way for significant investment in the industry.
Often called the Silicon Desert, the area has one of the largest data center markets in the nation. Helped by the low cost of operation and few natural disasters, Phoenix has established itself as a new center for cloud technology.
10. Strong infrastructure and connectivity
The recent completion of new freeways, such as the South Mountain Freeway in 2019, has enhanced connectivity within the Phoenix Metro area. This has significantly improved the movement of goods and services within the region.
It has also facilitated better access between the eastern and western valleys of the Phoenix Metro area, enhancing connectivity and the capability of the businesses located here.
11. Business-friendly environment
As mentioned, Arizona has a variety of business incentives for Phoenix-based businesses. And thanks to the city’s regeneration efforts, the business community is a welcoming, diverse group.
Business mentorships are common, with access to sector leaders willing to help your business succeed in the city.
Why businesses of all sizes choose Phoenix for office space
With its diverse economy and low-cost labor, businesses are keen to establish themselves in Arizona’s center of commerce. Phoenix office space allows you to scale in a region that’s seen huge economic growth over the last few years.
And with such a competitive real estate market, it’s important to know what kind of workspace you should choose.
At Regus, we offer flexible office space options with no minimum rental contracts. Choose space by the hour, day, or for as long as you need with per-person pricing. This allows startups and small businesses to only pay for the space they’ll use.
For mature companies looking for something fresh, we offer custom offices with your own furniture and branding.
Our office spaces in Phoenix, Arizona
Now you’re familiar with the benefits of this city, Phoenix has a great selection of private offices for rent. Place yourself amongst industry innovators in one of our local centers:
2550 West Union Hills Drive
Work from North Phoenix in our 2550 West Union Hills Drive center. This is a bright and modern workspace with floor-to-ceiling windows and views over the local area.
Deer Valley Park is a four-minute drive from the center. For lunch, you have a choice of nearby restaurants, and the Union Plaza shopping mall is a short distance away. Take advantage of the on-site vending machines for an afternoon pick-me-up.
2550 West Union Hills Drive is next to the I-17. Bus routes connect the center with downtown Phoenix.
Highlights include
● Bookable meeting rooms
● On-site parking
● Vending machines
Information about 2550 West Union Hills Drive
● Location: 2550 West Union Hills Drive, Phoenix, AZ 85027
● Starting cost: private offices from $369 per person per month
● Opening hours: 24/7 access for Private Office and Dedicated Desk members. Membership access is during reception hours
● Nearby transport links: Union Hills Dr & 24th Dr Bus Stop (a five-minute walk away), Union Hills Dr & 27th Av Bus Stop (a 13-minute walk away)
19820 N 7th St
Find North Phoenix office space with our new 19820 N 7th St center. Work in an inspiring environment with flexible coworking spaces and bookable meeting rooms. This center features a bright and sunny aspect with large windows.
You’ll have access to business-grade WiFi in our office suites, which are customizable to suit your requirements. 19820 N 7th St also enjoys fully-stocked kitchen spaces for lunch breaks.
For after-hours and team-building events, the center is an eight-minute drive from the Cave Buttes Recreation Area.
Highlights include
● On-site parking
● Close to Phoenix Sky Harbor International Airport
● Break-out areas
Information about 19820 N 7th St
● Location: 19820 N 7th St, Phoenix, AZ 85024
● Starting cost: private offices from $235 per person per month
● Opening hours: 24/7 access for Private Office and Dedicated Desk members. Membership access is during reception hours
● Nearby transport links: 7th St & Beardsley Rd Bus Stop (a four-minute walk away), Arizona State Route 101 (a one-minute drive away)
Esplanade III
Get motivated with our stunning Esplanade III center. You’ll find our office space on the seventh floor, with floor-to-ceiling windows providing views of Camelback Mountain.
The building’s glass facade allows for plenty of natural light. Take advantage of the on-site lunch restaurant for informal meetings and networking opportunities. There’s a sandwich service available too, with vending machines for a quick pick-me-up.
Esplanade III is well-connected to Downtown Phoenix. Nearby restaurants offer alternative options for client meetings.
Highlights include
● Vending machines
● On-site lunch restaurant
● Sandwich service
Information about Esplanade III
● Location: 2415 East Camelback Road, Phoenix, AZ 85016
● Starting cost: private offices from $295 per person per month
● Opening hours: 24/7 access for Private Office and Dedicated Desk members. Membership access is during reception hours
● Nearby transport links: 24th St & Camelback Rd Bus Stop (a four-minute walk away), Camelback Rd & 26th St Bus Stop (an eight-minute walk away)
7301 North 16th Street
Place yourself in an up-and-coming business district in our 7301 North 16th Street center. Enjoying mountain views and an address in the prestigious Biltmore neighborhood, this center is ideal for building your brand.
Hold meetings in the center’s bookable conference rooms, and network with innovators in the on-site business lounge. These spaces are fully equipped with everything you need for a successful meeting.
7301 North 16th Street has secure underground parking, with transport links to Downtown Phoenix.
Highlights include
● Business park location
● Mountain vistas
● Secure underground parking
Information about 7301 North 16th Street
● Location: 7301 North 16th Street, Phoenix, AZ 85020
● Starting cost: private offices from $345 per person per month
● Opening hours: 24/7 access for Private Office and Dedicated Desk members. Membership access is during reception hours
● Nearby transport links: 16th St & Orangewood Av Bus Stop (a seven-minute walk away)
24th At Camelback
Find premium offices for rent in Phoenix, AZ with our suites at 24th At Camelback. Equipped with modern workspaces and views over the Camelback Mountains, this inspiring center is in a great location.
24th At Camelback is well known for its landscaped gardens and outside seating area. The center has an on-site lunch restaurant and coffee bar for client meetings. There are plenty of vending machines for afternoon snacks, too.
If you drive to work, there’s secure underground parking. The center is easy to reach via the Piestewa Freeway.
Highlights include
● Secure underground parking
● On-site lunch restaurant
● Accessible
Information about 24th At Camelback
● Location: 2375 E. Camelback Road, Phoenix, AZ 85016
● Starting cost: private offices from $289 per person per month
● Opening hours: 24/7 access for Private Office and Dedicated Desk members. Membership access is during reception hours
● Nearby transport links: 24th St & Camelback Road Bus Stop (a one-minute walk away), 24th St & Highland Av Bus Stop (a four-minute walk away)
3420 East Shea Boulevard
A light-filled center in North Phoenix, 3420 East Shea Boulevard offers a professional environment away from the bustle of downtown. Located north of the Phoenix Mountains Preserve, the center has plenty of nearby greenspace.
Vending machines provide on-site snacks and drinks. For informal meetings or lunch breaks, there are restaurants located across the street. For after-hours, head to Paradise Valley Mall.
3420 East Shea Boulevard has great transport links to both the city center and the airport. Scottsdale is less than 20 minutes away by car.
Highlights include
● Break-out areas
● Atrium lobby and skylights for natural light
● Vending machines
Information about 3420 East Shea Boulevard
● Location: 3420 E. Shea Blvd, Phoenix, AZ 85028
● Starting cost: private offices from $185 per person per month
● Opening hours: 24/7 access for Private Office and Dedicated Desk members. Membership access is during reception hours
● Nearby transport links: Shea Bl & 35th Bus Stop (a two-minute walk away), 32nd St & Shea Bl Bus Stop (a nine-minute walk away)
One Renaissance Tower
Work in office space in Downtown Phoenix with our suites at One Renaissance Tower. This exclusive address puts you close to government office buildings and almost 400 tech and creative companies.
Enjoy our on-site lunch restaurant and coffee bar for daytime meetings. For those busy days, One Renaissance Tower offers an on-site dry cleaning service, perfect for freshening up before evening meetings. Plus, our gym and fitness center are available to keep you energized and focused throughout your day.
The center borders the Phoenix Convention Center for hosting larger events.
Highlights include
● Parking available
● Gym and fitness center
● Outside seating area
Information about One Renaissance Tower
● Location: 2 N Central Ave, Phoenix, AZ 85004
● Starting cost: private offices from $275 per person per month
● Opening hours: 24/7 access for Private Office and Dedicated Desk members. Membership access is during reception hours
● Nearby transport links: Washington/Central Ave light rail station (a one-minute walk away), Jefferson/1st Ave light rail station (a two-minute walk away)
One Renaissance Tower
Work in office space in Downtown Phoenix with our suites at One Renaissance Tower. This exclusive address puts you close to government office buildings and almost 400 tech and creative companies.
Enjoy our on-site lunch restaurant and coffee bar for daytime meetings. For those busy days, One Renaissance Tower offers an on-site dry cleaning service, perfect for freshening up before evening meetings. Plus, our gym and fitness center are available to keep you energized and focused throughout your day.
The center borders the Phoenix Convention Center for hosting larger events.
Highlights include
● Parking available
● Gym and fitness center
● Outside seating area
Information about One Renaissance Tower
● Location: 2 N Central Ave, Phoenix, AZ 85004
● Starting cost: private offices from $275 per person per month
● Opening hours: 24/7 access for Private Office and Dedicated Desk members. Membership access is during reception hours
● Nearby transport links: Washington/Central Ave light rail station (a one-minute walk away), Jefferson/1st Ave light rail station (a two-minute walk away)
2025 N 3rd St
Find a sought-after workspace in the heart of the city at 2025 N 3rd St. Positioned near the historic Willo neighborhood, this center features pretty garden patios and a park a few blocks away.
Make use of the center’s bookable meeting rooms. With space for collaborative working, this is an ideal space for scaling businesses. There’s a fully stocked kitchen, with local restaurants on your doorstep.
2025 N 3rd St is a fresh new center with lots of natural light.
Highlights include
● On-site parking
● Fully stocked kitchen
● Outdoor patios
Information about 2025 N 3rd St
● Location: 2025 N 3rd St, Phoenix, AZ 85004
● Starting cost: private offices from $205 per person per month
● Opening hours: 24/7 access for Private Office and Dedicated Desk members. Membership access is during reception hours
● Nearby transport links: 7th St & Palm Ln Bus Stop (an eight-minute walk away), Encanto/Central Ave light rail station (a 10-minute walk away)
Century Link Tower
Situate yourself in midtown with an office in Century Link Tower. A prime location for small office space for rent in Phoenix, this center is an entrepreneurial hub with many networking opportunities.
Enjoy views of the Camelback and Squaw Peak Mountains from the 22nd floor. The center has an on-site sandwich and coffee bar for informal meetings as well as a lunch restaurant.
Keep fit in the on-site gym, and enjoy the Phoenix Country Club golf course a few blocks away.
Highlights include
● Secure underground parking
● Vending machines
● 24-hour surveillance monitoring
Information about Century Link Tower
● Location: 20 E. Thomas Road, Phoenix, AZ 85012
● Starting cost: private offices from $335 per person per month
● Opening hours: 24/7 access for Private Office and Dedicated Desk members. Membership access is during reception hours
● Nearby transport links: Thomas Rd & 3rd St Bus Stop (a two-minute walk away), Thomas/Central Ave light rail station (a four-minute walk away)
Discover flexible offices in Phoenix with Regus
Set yourself up for success with office space in Phoenix. As one of the fastest-growing cities in the US, this is a strategic location primed to become the next Silicon Valley.
Talk to our expert staff to find a rental contract that suits you. We’ll help you find the right square footage required for your business size, with space to expand when you grow.
Get a quote today for customizable space in Phoenix’s thriving business ecosystem.
