This is easily one of the best if not THE BEST happy hour value in the Valley. I hold Caffe Boa very highly in that regard too.
I was a regular for McCormick and Schmick's happy hour in Downtown LA. Since moving to Phoenix, I seem to forget it's even here, in it's hidden Esplanade office tower location.
Five appetizers are $1.99 and another handful are $4.99. Their claim to their happy hour fame is the 1/2 pound angus burger. The Angus burger, which comes with steak fries, is decently sized and pretty good for $2 bucks. Not the best burger I have ever had, but good considering the chump change you pay, it's a steal. Bobo and I splurged and ordered enough food for everyone in the bar, where you could just about hear a pin drop. The calamari strips and grilled salmon cakes were pretty good too. Bass and Hef on tap are $5 each.
Granted we were also there at 9 pm for their reverse happy hour, (which is another added bonus) and watched as the last of the douchey corporate expense account 24th and Camelback crowd dwindled.
Service by the outgoing server Teresa was solid, and if you're even remotely in the area, I highly suggest it for some good cheap fun post-work.
If it wasn't for the happy hour it would probably be a three star place for the corporate seafood chainey feel.