Arizona Lease Agreements

Arizona Commercial Real Estate Leasing

Arizona, the 48th state to join the US, was admitted in 1912. The state was a subject of vast exploration prior to becoming part of the US by Spanish and Mexican explorers. The US took posession of most of current day Arizona after the Mexican War in 1848. The remainder of the state was part of the 1853 Gadsden Purchase.

Arizona's landscape is dominated by desert features, with mountains, plateaus and forests of Ponderosa Pine. Arizona's natural and agricultural resources, primarily in the form of copper, cotton and cattle spurred early economic growth.  Later developments in tourism and technology helped to make Arizona considerably more populous over the past two decades.

The majority of commercial real estate leases in Arizona relate to office buildings, shopping centers, industrial properties, and other commercial real estate located in major cities in Arizona, which include:

• Phoenix
  
• Tucson
  
• Flagstaff
  
• Payson, and
  
• Sedona