One of the most intellectual groups I belong to is the Counselors of Real Estate. It is an invitation-only group of 1,000 people all over the world. They vet each candidate extensively. Now that I write that, I’m wondering how I got invited to join. Anyway, at the annual convention, they had one of the most interesting … Continue reading Reaching For Yield: The High Risk of Investments
Congratulations to Sinchak and Associates on their new office space at Pima Center in Scottsdale! The Coppola-Cheney Group represented the owner of Pima Center in this transaction. Pima Center is a corporate office park in a great location right off the 101 and Via de Ventura. Contact us to find out about more opportunities at … Continue reading Sinchak and Associates is now located at Pima Center
Sam Zell is one of the true giants in the commercial real estate industry. He is a genius and has crossed every product type and market across the United States. I have highlighted some of his comments below from his interview at the Urban Land Institute Fall meeting. Here are a few “gems” I found … Continue reading Highlights From an Interview with the Legend, Sam Zell
Want to know the latest trends in the Phoenix Office market? Here’s what’s going on: Our first quarter Office Market Report was just released this week with some interesting stats. We had an excellent quarter for net absorption, the most important measure of the market’s health. We absorbed 727,000 SF, and if we keep that pace up, … Continue reading Market Insight: Phoenix Office Report Q1 2014
I just picked up the latest copy of NAIOP’s Development magazine this week and saw this article on parking lot safety. It’s something we typically take for granted in office properties, but it’s important to consider as a building owner. As you design new buildings or redesign existing properties, you may want to keep some of these … Continue reading Landlords: How Safe Is Your Parking Lot?
Last year NAIOP held another office of the future competition. Below are the four finalists and their concepts. Here is a summary: –Hickok Cole out of Washington DC suggested a building with a second “skin” that could help filter sunlight and change as heat and light change. –Miller Hull from Seattle talked about adaptability where contemplation and collaboration are designed into the … Continue reading NAIOP’s ‘Office of the Future’ Competition
Like most Americans, I followed the terrorist attack on the World Trade Center closely. Unlike most, I have continued to track the progress of the redevelopment with interest because of the office space component. Today, you get a quick update on the office space and some interesting thoughts. First, we are now into 2014, and the tower is being … Continue reading The Construction and Leasing of One World Trade Center