Major homebuilder KB Home will move its headquarters from Los Angeles to Tempe, Arizona, in a move that the company says will save money and better position it for growth.
The builder said it plans to bring executive leadership and "key corporate functions together" in its future Arizona office at the three-building Hayden Ferry Lakeside campus along Tempe Town Lake, which continues to draw corporate relocations across Phoenix.
KB Home did not disclose which of the three buildings it plans to move to in an announcement. The builder is expected to complete its relocation in the spring of 2027.
KB Home's current corporate office is at One Westwood at 10990 Wilshire Blvd., where it occupies more than 35,000 square feet, according to CoStar. The move to Phoenix will consolidate teams, make the company more efficient and support long-term profitability, KB Home said.
"This move brings our teams together in a more collaborative environment, and Phoenix is the right place to do it," said Robert McGibney, president and chief executive officer of KB Home, in a statement. "It positions KB Home to operate more effectively and supports the next phase of our growth."
KB Home added it will maintain a significant presence in California through its six operating divisions through which it has built more than 100 communities across the state. In Arizona, KB Home lists 27 communities on its website between its Phoenix and Tucson regional offices.
KB Home — the nation's seventh-largest builder, according to Builder Magazine — will join Meritage Homes and Taylor Morrison as major homebuilders based in Arizona when it completes its move.
Builder adds to leasing rebound
The KB Home lease builds on momentum at the Hayden Ferry campus, which is owned by Atlanta-based Cousins Properties — a major player in Tempe's top-tier office buildings. Cousins recently embarked on a major renovation of the campus, adding restaurants and updating common areas.
In its latest earnings call, Richard Hickson, Cousins' executive vice president of operations, said 177,000 square feet of leases were signed at Hayden Ferry during the fourth quarter of 2025. Hickson attributed 90% of that activity to three new customers relocating their corporate headquarters to the campus but did not disclose specific tenants on the call.
Meade Engineering and Align Technology are two of the major leases signed at Hayden Ferry in late 2025, with each company taking over 50,000 square feet, according to CoStar.
Those leases, among others, brought Hayden Ferry to roughly 93% leased as of early 2026, making the campus a meaningful outperformer in the Tempe submarket. For comparison, Tempe office buildings were just over 80% leased as of the first quarter, excluding sublet availabilities.
The activity highlights the ongoing flight-to-quality trend in Phoenix, with rents and occupancy pushing higher in trophy buildings, said Connor Devereux, CoStar's senior director of market analytics.
"KB Home's move reiterates the attractiveness of the Greater Phoenix area as a place to live and work," said Devereux. "Strong demographics, relative affordability, and the business-friendly regulatory environment encourage corporate relocations and expansions."
JLL is the primary leasing company for Hayden Ferry.
Tempe as a whole has become a top destination for office occupiers because of the region's deep stock of new and modern buildings, proximity to Arizona State University and an urban-like amenity base of restaurants, retail and nightlife.
KB Home's planned relocation supports the Valley office market, which took the first step toward recovery in 2025. Last year, the area saw positive net demand formation for the first time since the pandemic's onset, causing overall vacancy to inflect and tick down about 100 basis points, to around 23%, according to CoStar.