Categories Narrative, Office Market, Office Trends

1 – Minute Phoenix Metro Office Market Update: Q1 2023

The Metro Phoenix Office Market continues to face significant headwinds in 2023.  Net absorption, measured by the net change in physically occupied space, came in at negative 127,468 square feet in Q1. This means the office recovery took a step backward after realizing positive net absorption in the same amount during the last quarter of … Continue reading 1 – Minute Phoenix Metro Office Market Update: Q1 2023

Categories Narrative, Office Trends, Tech Industry

Redefining Location

Location has been the cornerstone of all commercial real estate decisions since the industry began.  Location, Location, Location.  But with the rise of technological advancements, this sure-fire parameter is being tested. Here are just a few of the trends pushing the boundaries of location: —Remote work. People are working from anywhere and everywhere.  This trend … Continue reading Redefining Location