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Scottsdale AZ Office Space Guide

 

Examples of flexible office space in Scottsdale

Scottsdale as a Business Location

A guide to executive suites and office space for rent in Scottsdale AZ as well as general information that may be useful if you are thinking of renting offices in Scottsdale AZ.

For further Scottsdale AZ offices information or to search office space to rent in Scottsdale AZ just click. Or contact us for any other office space search inquiry.

History & Geography

Located in northeast Arizona, Scottsdale is one of the state’s largest cities. Scottsdale lies in the Salt River Valley, nicknamed ‘Valley of the Sun’, in the northern part of the Sonoran Desert. To the east of the city is the McDowell Mountain Range and to the west the city of Phoenix, the capital of the state. The area around Scottsdale was inhabited by the Hohokam people, an advanced culture who built intricate networks of canals in the region. Many of these canals can still be seen today. Prior to the arrival of Europeans, the Pima tribe inhabited the region. In fact, Scottsdale started life as a Pima village called Vasai S-vasoni, meaning ‘rotting hay’. Today many Pima live in the Salt River Pima-Maricopa Indian Community to the east of the city. In 1868 Jack Swilling established an irrigation company in the area called Swilling Irrigation Canal Company to improve on the ancient canals in the area and build new ones. Later in the 1880s, US Army Chaplain Winfield Scott and his brother, George Washington Scott bought swathes of land in the area and began cultivating crops such as oranges, lemons, figs, potatoes, peanuts and almonds. In 1894 the town which had grown up and been dubbed Orangedale was renamed Scottsdale. In the early 20th century Scottsdale gained popularity as a resort town, and in 1912 the Ingleside Inn was the area’s first resort. During the 1930s, famed architect, Frank Lloyd Wright lived near Scottsdale, near the McDowell Mountains, where he built his famous home, Taliesin West, which is now home to the Frank Lloyd Wright School of Architecture. From the 1950s to the 70s, Scottsdale built the Scottsdale Greenbelt, a system of parks and golf courses around the city. This, in turn, caused many retirees and young families to move to the area. In the 1970s, McCormick Ranch, to the east of the city was also developed into a gated housing community, attracting more wealthier residents to Scottsdale. Today Scottsdale has a population of 217,385 and one of the highest quality of lives in the country.

Economy

While Scottsdale might have among the highest quality of life in the nation, it is also one of the most expensive cities in the region. Tourism is by far the dominant industry driving Scottsdale’s economy, employing a full 39 percent of the city’s labor force. Tourism brings approximately USD 3 billion to the city every year, and almost eight million visitors flock to Scottsdale annually. The aviation industry is another bulwark of the local economy and has been growing recently. Surrounding Scottsdale Airport is the area locally known as The Airpark, a massive commerce and retail center which is among the largest employers in the area. The Airpark supports retail, manufacturing, technological design, and varied service industries. It employs over 50,000 people and brings in approximately USD 3 billion every year. The Airpark is predicted to become the largest employer in the area over the next few years. Among the businesses with headquarters in Scottsdale are Rural Metro, iCrossing, Discount Tire, APL, Dial, Fender and Go Daddy.

 

Tourism & Culture

Mainly because of its climate, Scottsdale has a thriving tourist industry. The city has an arid climate with very hot summers and cool, mild winters. Scottsdale has over 70 resort hotels, many of which are rated five star. In total there are over 15,000 hotel rooms in the city, and Scottsdale has the most AAA Five-Diamond hotels of any city in the US outside of Las Vegas and New York. It also has more destination spas than any other city in the country. The city markets itself to an upmarket demographic, mostly consisting of white-collar workers who fly into the city from the Midwest, East coast and Canada. Many end up buying houses in the city. These tourists are known locally as snowbirds. A younger demographic has started visiting Scottsdale in the last few years, however. These have been attracted by the city’s growing nightlife scene and wide selection restaurants, bars and clubs, as well as art galleries and luxury shopping outlets. Culturally Scottsdale takes pride in its Western identity. The most famous event in the city’s calendar is the annual Jaycees Parada del Sol, a showcase of horsemanship which sees young riders and cowboys from across the West descend on Scottsdale.

Transportation

Scottsdale Municipal Airport, one of the busiest single-runway airports in the nation serves the city. It has over 500 flights per day. Phoenix Sky Harbour International Airport is the nearest major airport to the city. In Scottsdale itself, cars are the main form of transport, though the city does have a comprehensive bus system. Discussions are underway about extending the light rail system which connects Phoenix, Tempe and Mesa out to Scottsdale, however as yet no decisions have been made.

 

Office space for rent in Scottsdale

The first quarter of 2012 was the first time that the Scottsdale office market saw positive absorption in Class A properties. This is widely being seen as a result of the economy finally recovering from the financial crisis and the recession that followed in its wake. The vacancy rate is still at a high 27 percent, though that is predicted to gradually decline in the coming years. There are very few projects in the pipeline as the market continues t a absorb the excess of space. Rental rates for Class A office space are at an average of USD 23.36.

Our office space search, advisory and acquisition services are FREE, always. Our Scottsdale office space brokers and agents are globally regulated by the Royal Institution of Chartered Surveyors (RICS) ensuring the highest standards of commercial property advice and service at all times.

The Office Providers are Regulated by the Royal Institution of Chartered Surveyors (RICS)

The Office Providers are Regulated by the RICS

Scottsdale has a vast selection of business travel accommodation options and we have partnered with Booking.com to bring you all of these in one place.

You can use the search tool below to search and book. If you have a Booking.com account, you can log into that via the tool.

You can view our new Street Address Guide and index for this location by clicking the link below.

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