September 2026 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market continues its gradual recovery as improving tenant demand and accelerating demolitions reduce excess inventory. Vacancy has improved from a 17.1% peak in 2024 to 15.8%, while the market recorded 67,100 SF of net absorption over the past year. Leasing activity reached 9.5 million SF, within 9% of pre-pandemic levels, […]
Why Commercial Real Estate Is Still a Smart Bet in 2026
Inflation is up, new development is down, and uncertainty isn’t going anywhere. Here’s why commercial real estate may be one of the smartest places to put your money to work in 2026.
August 2026 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market continues its gradual recovery as improving demand combines with accelerating demolitions to reduce excess inventory. Vacancy has improved to 15.9%, down from a 2024 peak of 17.1%, as nearly 1.9 million SF of office space was removed from inventory over the past year. Leasing volume has recovered to within […]
July 2026 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market continues to recover gradually as improving demand and accelerating demolitions reduce vacancy. Vacancy has improved to 15.8%, down from a 2024 peak of 17.1%, supported by 593,000 SF of positive net absorption and limited new supply. Leasing volume is now within 5% of pre-pandemic levels, with tenants favoring pre-built […]
Phoenix Commercial Real Estate 2026 Mid-Year Review
Market Snapshot This analysis compares Phoenix CoStar market data from May 2025 against the just-released June 2026 reports — a true year-over-year comparison rather than estimates. The headline finding across all four asset classes: vacancy improved, year-over-year, in every single sector. Phoenix has turned a corner. May 2025 CoStar Baseline Industrial vacancy 12.5% Up from […]
June 2026 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market continues its gradual recovery as tenant demand improves and new construction remains limited. Leasing activity has strengthened across premier submarkets including Tempe, Scottsdale, and the Camelback Corridor, while older commodity office properties continue to face elevated vacancy and slower absorption. Employers are increasingly prioritizing high-quality, amenity-rich workplaces, creating a […]
Arizona’s Growth Depends on Water, Power & Certainty
If you joined us for our Water, Power & Growth event in Chandler a couple weeks ago, thank you for being part of one of the most important conversations shaping Arizona’s future. A special thank you to Sarah Porter from the Kyl Center for Water Policy at Arizona State University, along with Maria Naff and […]
May 2026 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market continues to stabilize as improving tenant demand combines with a sharp slowdown in new construction and increased demolition of obsolete properties. Vacancy has improved to approximately 16.3%, down from peak levels in 2024, while leasing activity has rebounded to nearly pre-pandemic norms . Demand remains concentrated in premium buildings […]
April 2026 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market continues to stabilize as it works through post-pandemic shifts in how space is used. Demand remains uneven, with strength concentrated in higher-quality, well-located buildings while older and less competitive assets face ongoing challenges. Vacancy remains elevated compared to historical norms, but leasing activity has shown signs of improvement as […]
Data Center Dilemma
Top 5 Reasons For and Against the Push for Data Centers in Arizona Arizona is quickly becoming one of the hottest data center markets in the country. With AI expansion, cloud growth, and hyperscale demand surging, developers are racing to secure land across the Phoenix metro area and beyond. But is this boom all upside? […]