Office The West Valley’s office footprint accounts for 16.2% of the metro’s total office inventory with 17.2 million sq. ft. Comprised primarily of corporate headquarters and major users that occupy significant space, the West Valley office market offers competitive lease rates in some of the fastest growing suburbs in Metro Phoenix. With 1360 N Bullard Ave now completed in Goodyear, the West Valley is home to an additional 26,124 sq. ft. of office space. West Valley Commercial Real Estate (2024)
Total Inventory (SF) 17,234,428
Vacancy Rate 24.9%
Asking Rent (FSG/Annual)
New Supply (SF)
$24.41
26,124
WEST VALLEY
WEST VALLEY
WEST VALLEY
WEST VALLEY
106,404,929 23.0%
$31.14
404,922 PHOENIX METRO
PHOENIX METRO
PHOENIX METRO
PHOENIX METRO
Source: CBRE Research, Q4 2024. Submarket estimates aggregate to the West Valley.
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