Nox Group Purchased Tempe Office Building
The firm acquired a site at The Arroyo complex to develop a new headquarters.
Updated on Oct. 12, 2026 in Remote Work
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Nox Group spent $17.6 million to purchase a 128,000-square-foot building located at 1255 W. Washington St. in Tempe. The company is investing $30 million to renovate the space into a new headquarters.
Why it matters
The company has expanded its operations to accommodate significant growth. The firm has acquired more than 200,000 square feet of real estate over the past year.
Nox Group purchased a 128,000-square-foot facility for $17.6 million. The company is committing $30 million for renovations at the Tempe site.
The players
Nox Group
This firm is a growing enterprise that has aggressively expanded its physical footprint and real estate holdings.
Justin and Jessica Martin
This couple purchased Nox Group in 2018 and has since overseen a period of exponential company growth.
The details
The newly acquired property sits within The Arroyo complex. Nox Group is transforming the industrial space into a modern headquarters to support the company as it moves toward higher revenue targets.
Timeline
Justin and Jessica Martin purchased Nox Group in 2018.
The company is projected to reach $1 billion in revenue by 2026.
Market Landscape
The renovation follows the ongoing corporate trend of repurposing industrial real estate into hybrid office hubs, marking a departure from traditional office development. This move positions the firm to scale operations as it competes for space within the broader Tempe commercial market.
The firm's expansion could signal local hiring opportunities as the company scales to meet its projected 2026 revenue goals. Nearby businesses may also see increased foot traffic and commercial activity once the new headquarters is fully operational.
The takeaway
Nox Group's investment demonstrates a long-term commitment to maintaining a physical headquarters despite broader industry debates. Readers should note that aggressive real estate acquisitions often precede significant increases in corporate staffing levels.
Further reading
For more on industry shifts in office locations, explore Remote Work.
Source note: This article includes information reported by abc15 Arizona.
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