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 โ 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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