Author name: Kaeli Cabral

Metro Phoenix Office Market….A Look Back and Some Projections for the Next Decade…A 6 Part Series (#2 Today) – Looking at the CBD

Last week, (week 1 of my 6 week series), I analyzed the overall Metro Phoenix office market.  Now, let’s spend a couple weeks looking at some key submarkets within Phoenix, analyzing their past and looking ahead to their future. Today, we are going to look at the Central Business District (CBD) which includes Downtown and Midtown.  …

Metro Phoenix Office Market….A Look Back and Some Projections for the Next Decade…A 6 Part Series (#2 Today) – Looking at the CBD Read More »

Metro Phoenix Office Market….A Look Back and Some Projections for the Next Decade…A 6 Part Series (#1 Today)

Office space is in the middle of a massive disruption: Offices Around America Hit a New Vacancy Record.   For over 40 years and 4,000 transactions, we have been guiding our clients on their office space needs. In late 2023, I did a series on the various types of repurposing where I reviewed five different types and the pros …

Metro Phoenix Office Market….A Look Back and Some Projections for the Next Decade…A 6 Part Series (#1 Today) Read More »

For Review 1-Minute Phoenix Metro Office Market Update: Year End 2023

The Metro Phoenix Office sector had a tough 2023, ending the year with overall  negative net absorption for the first time since 2010.  This is concerning, but there is a silver lining in Q4 that stopped a three-quarter losing streak of negative absorption. Q4 2023 saw 68,616 SF of positive net absorption, however not enough …

For Review 1-Minute Phoenix Metro Office Market Update: Year End 2023 Read More »

Coppola-Cheney Recent Transactions in a Challenging Market

Over these past 90 days, C2 has been executing transactions – and a lot of them!  Whether the market is falling or thriving, we still perform.  With 33 transactions in just the last 90 days, we are completing deals every 3 days….come hell or high water (or a tough office market).  This quarter, 25% of our transactions …

Coppola-Cheney Recent Transactions in a Challenging Market Read More »

SUMMARY: Converting Office Buildings to Different Uses (Last of Our Series)

To finalize our office conversion series, I want to summarize the growing interest in office conversions based on the market forecast with some global takeaways. 1. The best use for any office building will ultimately depend on the existing office building. NAIOP came out with a great report  (You can read a full report here) that …

SUMMARY: Converting Office Buildings to Different Uses (Last of Our Series) Read More »

Office to Medical? (Office Conversion Series – #6)

 The final conversion we will discuss is office to medical.  Medical Office Buildings (MOB) are a hot topic in the CRE world.  The healthcare market is now doing almost $60 billion in revenue as of the end of 2023 and is projected to continue to grow at over 10.4% for the foreseeable future. Medical Office Buildings As …

Office to Medical? (Office Conversion Series – #6) Read More »

Scroll to Top
Skip to content