October 2025 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market is showing early signs of recovery. Vacancy has flattened at 16.3% following three straight quarters of positive net absorption totaling 900K SF. Demand is strongest for premium space in top submarkets, while older and suburban properties continue to struggle. New deliveries are limited, which is helping stabilize the market. […]
The Great Boomer Exit: What Happens When Half of America’s Assets Change Hands?
During the next two decades we will experience the largest wealth transfer in history. Baby boomers, born between 1946 and 1964, currently own an outsized share of America’s economic engine, and their next move could reshape entire markets. The Numbers Are Staggering 50% of all commercial real estate in the U.S. is held by baby boomers. […]
September 2025 – Knowing the Numbers In Commercial Real Estate
Office Market Phoenix’s office market shows signs of stabilization, with vacancy at 16.3% after three quarters of positive absorption totaling 850K SF. Demand is focused on premium buildings in top submarkets, while older, non-premium stock continues to struggle. New supply remains minimal, reducing pressure on leasing fundamentals. Rent growth hit 2.0%, though effective rents may […]
August 2025 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market is showing early signs of stabilization. Vacancy has flattened at 16.7% following three quarters of positive net absorption, totaling 850,000 SF since late 2024. Limited new supply and rising in-person attendance are helping, though significant headwinds remain. Rent growth is tepid at 1.5%, with rising tenant improvement (TI) costs […]
July 2025 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market remains under strain as companies downsize footprints and sublease space swells to 6.6M SF. Vacancy has climbed to 16.9%, the highest in 15 years, despite signs of stabilization in smaller suites and newer buildings. Rent growth slowed to 1.4% as generous TI packages become more common. Deliveries remain limited, […]
Thinking of Selling Your Business?
I get asked all the time: “How do I know if my business is ready to sell?” The truth is, most owners aren’t sure. And that’s okay. Whether you’re actively planning to sell or just starting to toy with the idea, one thing holds true: the more intentional you are now, the better the payoff […]
June 2025 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market is under stress, with 16.8% vacancy and net absorption down nearly 291K SF over the past year. A move toward smaller, higher-quality spaces is evident, while large and older buildings struggle. Sublease availability is high, making Phoenix the fourth most sublet-impacted market nationally. Rent growth slowed to 1.7%, with […]
May 2025 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market remains under pressure as evolving workplace strategies drive continued disruption. Many occupiers are reassessing how much space they truly need, leading to widespread downsizing and consolidations. Meanwhile, job growth in core office-using industries has remained muted for more than two years, weakening overall demand. As a result, vacancy has […]
Is It Time to Own Instead of Lease Your Commercial Space?
Might Be the Perfect Time to Buy Increased inventory and more flexible sellers have created an environment where business owners who have been leasing might want to seriously consider purchasing their own space. If your lease is coming up for renewal, this is the perfect time to evaluate whether owning your property is the smarter […]
April 2025 – Knowing the Numbers In Commercial Real Estate
Office Market Phoenix’s office market remains under pressure as users continue to reduce space and job growth in office-using sectors lags. Since COVID, more than 5.5 million SF has been vacated—exceeding losses seen during the Great Recession—with large suites and single-tenant buildings hardest hit. Demand is holding for smaller spaces under 5,000 SF, but total […]