Login

CVS Health sheds major Phoenix hub in latest real estate cut

Healthcare giant terminates deal for Chandler, Arizona, office
CVS Health opened its office at 1255 S. Spectrum in Chandler, Arizona, in 2021 with the promise of hundreds of new jobs. (CoStar)
CVS Health opened its office at 1255 S. Spectrum in Chandler, Arizona, in 2021 with the promise of hundreds of new jobs. (CoStar)
CoStar News
May 18, 2026 | 9:33 P.M.

CVS Health's yearslong restructuring push has officially landed in the Phoenix area with the pharmacy giant's move to terminate the lease for one of its largest offices.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE