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 …
1 – Minute Phoenix Metro Office Market Update: Q1 2023 Read More »
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 …
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 …
You have taken all the right steps, 12-18 months before your lease is set to expire you have hired your broker (C2 of course!), identified 2-3 options you are happy moving into, negotiated a great deal with a great Tenant Improvement package and signed a lease. Now what??? It is at this point where most …
The demise of office space is over exaggerated… If you look at our team’s business, we continued to close a transaction every 2 days over the last quarter. C2 is representing, touring, negotiating, and closing deals. –We would love to work with you. –We know the market….todays’ market. –We have insider information on deal terms …
4th Quarter Recent Transactions: Strong Start to 2023 Read More »
2022 flew by. Before the year gets away from us, we wanted to say thank you for helping us succeed. Reflecting on our transactions, our relationships, and our business over the past year, I have these few takeaways: –We are blessed to have fantastic clients. While the office market is still in a sandstorm for …
Can you “hack” your office space? Or better yet, can it be adapted? Below is a thought-provoking article from Gensler that asks this very question. My short answer is….maybe. Why do I hedge? Because you need have to have some fundamentals in place to make it worth the adaptation. Here are the top three fundamentals …
