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
We are living in the office space reimaging projects every single day. Where is the office going? There are a lot of articles coming out about the demise of office now. I just picked two so you can see what people on the street are saying. As experts in the office world, what do we … Continue reading Office Building Distress
In our latest Ten on One podcast. We spend 10 minutes with Charley Freericks, Senior VP at Catellus Development Corp. Charley knows a thing or two about building teams….specifically commercial real estate teams. Here is some gems that came out: Start with The Big Picture and look for the missing links Include the entire team … Continue reading Ten on One – Building a CRE Team
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
