March 2025 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market remains challenged as companies continue reducing space and job growth in office-using sectors remains sluggish. Since COVID, over 5.5 million SF of office space has been vacated, surpassing losses seen during the Great Recession, with large suites and single-tenant buildings hit hardest. Demand is strongest for smaller spaces under […]
10 CRE Projects to Watch in 2025!
As we step into 2025, Arizona’s commercial real estate market is buzzing with groundbreaking developments that are set to redefine communities across the state. Here are 10 standout projects shaping the future: 1. Child Crisis Arizona Center for Child & Family Wellness Address: Mesa, AZ Value: $35 million Size: 38,000 square feet Description: A beacon […]
February 2025 – Knowing the Numbers In Commercial Real Estate
Office Market The Phoenix office market remains in flux as the new year begins. Businesses continue to reassess their space needs, often leading to downsizing or closures. Meanwhile, job growth in key office-using sectors has been sluggish for over two years, further dampening demand. As a result, vacancy rates have risen by more than 550 […]
What I’m looking at in 2025
I hope your new year is off to a fantastic start! I’m excited to make 2025 our best year yet — full of growth, success, good health, and, of course, prosperous investing. I wish the same and more for each of you. As we dive into this new year, here are some key stories I’m […]
January 2025 – Knowing the Numbers In Commercial Real Estate
Office Market Office vacancy in Phoenix continues to rise steadily as the year comes to a close. Many businesses are reevaluating their space needs, often leading to downsizing or closures. Additionally, job growth in traditional office-using sectors has remained sluggish for over two years. This sustained drop in demand has driven vacancy rates up by […]
December 2024 – Knowing the Numbers In Commercial Real Estate
Office Market Office vacancy rates in Phoenix continue to climb steadily as the year comes to a close. Many businesses are reevaluating their space needs, often opting for reductions or closures. This trend is compounded by sluggish job growth in traditional office-using industries for over two years. As a result, vacancy rates have risen by […]
November 2024 – Knowing the Numbers In Commercial Real Estate
Office Market Office vacancy rates in Phoenix continue to climb steadily as the fourth quarter begins. Businesses are increasingly reevaluating their space needs, often leading to downsizing or closures. Compounding this trend, job growth in traditional office-using sectors has remained sluggish for over two years. This sustained drop in demand has driven vacancy rates up […]
October 2024 – Knowing the Numbers In Commercial Real Estate
Office Market Office vacancy rates in Phoenix continue to climb as the third quarter draws to a close. Many companies are reevaluating their space needs, often leading to downsizing or closures. Job growth in sectors that typically rely on office space has also been sluggish for more than two years. As a result, vacancy rates […]
Top 7 Mistakes Tenants Make When Negotiating a Lease
Negotiating a lease can be a daunting process in any market, but it’s especially difficult in today’s challenging environment. With wildly varying lease rates, tight credit, sky high construction costs and cautious tenants and landlords, negotiating a lease can overwhelm even the most seasoned business owner. Here’s a guide to the Top Seven Mistakes tenants commonly make […]
September 2024 – Knowing the Numbers In Commercial Real Estate
Office Market Office vacancy in Phoenix continues to climb steadily as the third quarter begins. Many tenants are reevaluating their space utilization, often leading to downsizing or closures. Moreover, job growth in sectors that typically require office space has been slow for over two years. This structural decline in demand has driven vacancy rates up […]