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Phoenix and the Valley of the Sun boast one of the strongest economies in the United States. The region offers a growing and skilled workforce, a competitive business environment with many Phoenix office space vacancies, easy access to major markets and more. The city has a wealth of programs and activities to assist businesses, large and small.

International firms such as Sumitomo and S T Microelectronics have already discovered the advantages of locating their offices in Phoenix. Both of these companies have located semiconductor manufacturing plants in Phoenix. CEMEX of Mexico has a huge cement plant near Phoenix. Stantec Consultants, a subsidiary of a Canadian company, is one of the largest engineering firms occupying Phoenix office space.

Phoenix is the fifth largest city in the nation with a population of more that 1.5 million residents and an extended metropolitan population of more than 3.7 million residents as of the 2005 special census. These population estimates are projected to double in 30 years. Thus, a high demand for Phoenix office space is expected for decades to come.

Phoenix is the hub of the rapidly growing Southwest, with the major markets of Los Angels and San Diego only 360 miles to the west. The cost of living and doing business in Phoenix is lower than in any other major metropolitan area in the United States. This makes Phoenix office space for lease that much more attractive to companies and their employees.

Phoenix is the best city for start-up companies in the United States, based on surveys which measure the number of successful new companies as a percentage of all companies. There are many Phoenix office space vacancies available to choose from to start your new business.

There are many opportunities for foreign firms supplying construction technology and services because almost a third of the $141 billion Gross Metropolitan Product in 2004 was generated by construction of more office space in Phoenix for sale.

The aeronautics industry is strong and growing in the Phoenix area where Honeywell has located its engine manufacturing division along with major units of Boeing, General Dynamics and Orbital Sciences Corporation. The Financial Services industry is very strong in Phoenix with more than 70,000 people occupying office space in Phoenix, working in banking, insurance and securities. More than 40 percent of the 220,000 people working in manufacturing in Phoenix are involved in high technology manufacturing, particularly electronics and semiconductors.

Boasting more than 1,000 companies in the Health Industry, there are a growing number of biotech companies emerging from the research hospitals, the universities, and the research institutes.

Phoenix has a Foreign Trade Zone located next to the airport, which allows businesses to defer or provide duty-free imported goods. In addition, the city government has the authority to create sub-zones throughout Phoenix.

Phoenix is currently home to three major Fortune 1000 companies that occupy Phoenix office space: electronics corporation Avnet, Apollo Group (which operates the University of Phoenix), and mining company Freeport McMoRan. Honeywell hosts many factories for the building of military grade engines, as well as their company network gateway in Phoenix. Intel has one of their largest sites in Arizona, employing about 11,000 employees and 3 chip manufacturing fabs, including the $3 billion state-of-the-art 300mm, 45nm Fab 32. American Express occupies office space in Phoenix where they host their financial transactions, customer information, and their entire website in Phoenix. The area is also home to US Airways Group, a Fortune 500 company located in Tempe.