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? […]
March 2026 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market has reached an inflection point as demand improved in 2025, pushing vacancy down slightly to 16.4% after several years of deterioration. Roughly 700,000 SF of positive net absorption last year, driven in part by owner-user acquisitions and improving office attendance, helped stabilize conditions. Limited new construction has reduced supply […]
Projects We Are Watching
The Projects I’m Watching Closely I get asked all the time, “What’s actually happening out there?” Short answer? A lot. Long answer? The Valley is evolving in real time. Industrial expansion. Semiconductor investment. Mall redevelopments. Destination resorts. Major infrastructure plays. This isn’t hype! It’s capital that continues to move with conviction. At Solex CRE, we […]
February 2026 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market has reached an inflection point, with vacancy declining year-over-year to 16.3% following 840,000 SF of positive net absorption in 2025. Limited new construction has reduced supply pressure, helping stabilize fundamentals. However, recovery remains uneven as demand concentrates in trophy 4 & 5 Star assets while commodity suburban buildings struggle. […]
January 2026 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market is beginning to stabilize after an extended correction. Vacancy has leveled off near the mid-16% range following multiple quarters of positive net absorption, supported by limited new supply and increased return-to-office activity. Rent growth remains modest, constrained by elevated tenant improvement and concession costs. Demand is concentrated in newer, […]
December 2025 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market has reached a tentative turning point as vacancy edges down to 16.3% following four consecutive quarters of positive absorption. Demand has improved due to increased renewals, owner-user acquisitions, and steadier in-person attendance, though overall leasing volumes remain below pre-COVID norms. With virtually no new supply—less than 600,000 SF delivered […]
What happens when a company drops $165 BILLION into the Phoenix economy?
That’s the question we’ll be answering in real time—because that’s exactly what TSMC (Taiwan Semiconductor Manufacturing Company) is doing right now. They’re not just building one plant. They’re building six new facilities plus a full research and development center, making this one of the largest private investments in U.S. history. And the ripple effects? Already massive. Current Impacts Jobs & […]
November 2025 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market is stabilizing after years of contraction. Vacancy improved to 16.3%, down from 17.0% a year ago, following four consecutive quarters of positive absorption totaling 1.6 million SF. Demand is strongest in premium submarkets like Camelback Corridor and Tempe, while older suburban properties continue to struggle. New construction remains minimal, […]
AI Is Haunting Real Estate But It Doesn’t Have to Scare You!
As AI continues to creep into every corner of the real estate world, one thing is clear: if a task is repetitive, AI is coming for it like a ghost in the night. 👻 But here’s the trick (and treat): This shift creates opportunity for agents ready to evolve – especially those ready to break into commercial. AI tools […]