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Achieve puts one of its Rio 2100 buildings in Tempe on the market for sublease - Phoenix Business Journal

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Plus, get the latest on the state of the Valley office market and the amount of sublease space available for lease currently. phoenix

are the listing brokers tasked with backfilling the space. In the weeks the team has had the sublease listing, Corney said the team hosted four tours, which include a group in financial services and another in solar.

At $37.78, Tempe's office market commanded the highest asking rate per square foot out of any Valley submarket during Q4 2022, according to a market report from CBRE Group Inc. As of Q4, however, the Tempe submarket had 1.7 million square feet of office space on the sublease market — the most of any Valley submarket and 500,000 square feet more than second-place Chandler, according to research firm CoStar Group.

 

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