For all of you holding out, it is time to accept Work-From-Home as mainstream. We think some version of this is here to stay, and while it may have peaked during the pandemic (check out my narrative on how a recession will impact WFH), it is something that all executives will have to take into … Continue reading Work-From-Home Explained
The Metro Phoenix Office Market hit a small speedbump in Q3 on the path to recovery. After posting a big net absoption in Q2 of +918,413 SF, Q3 slipped to -81,621 SF. This puts year-to-date net absorption at +532,634 SF, on track to finish well below our 20-year average of 2 million SF. What’s going with … Continue reading 1-Minute Phoenix Metro Office Market Update: Q3 2022
As you might recall, I am a long time Counselor of Real Estate (CRE). This organization puts out some of the most thought-provoking discussions about Commercial Real Estate. The below article is no exception, and is a great summary of the worker shortage, why we have one and what we see going forward. Here are … Continue reading Where Are the Workers?
The world ebbs and flows…the job market is going from being tight to soft. That is a cycle. The young people who have joined the workforce after 2008 have never seen a recession. It looks like one is coming, meaning many of the jobs they took for granted will disappear. A good article from the … Continue reading Job Market Softening