The C2 Voice

A Favor To Ask…

We have been representing commercial tenants for almost 40 years. We are grateful that over 80% of our business comes from repeat clients. The rest are referrals.  For the past 9 years, Andrew and I have been writing this C2 Voice, providing insights into the evolving market, new trends, and fascinating ideas. We have loved … Continue reading A Favor To Ask…

Arizona Water Update

A few years ago, I sent out a C2 Voice on the Arizona water situation. I thought I would give an update on the status of water rights as we are now experiencing the first cut in Colorado River water in our history. Here are a few points to know: —Only 36% of Arizona water comes from … Continue reading Arizona Water Update

Office vs. Industrial 2022

These are the crazy times in CRE. I have been leasing office space for 38 years and have NEVER seen the discrepancy in Office vs Industrial so great.  It’s a tale of two markets for sure. Below, find a list of Office and Industrial buildings under construction as of Q2 2022. The difference between Office … Continue reading Office vs. Industrial 2022

Ten on One- Latest Office Leasing Trends

In our latest Ten on One podcast, we spend 10 minutes with John Orsak, Vice President of Development at Lincoln Property Company, Desert Southwest.  John oversees a huge office portfolio in Phoenix, putting him in the market seven days a week. He is in the know in all things office.  Here are a few nuggets … Continue reading Ten on One- Latest Office Leasing Trends

Work-From-Home Explained

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

1-Minute Phoenix Metro Office Market Update: Q3 2022

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

Where Are the Workers?

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?

Job Market Softening

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

Top 10 Issues Affecting Real Estate

As you may recall, Andrew and I are a long time Counselors of Real Estate (CRE). Annually the  Counselors of Real Estate organization  has all the members vote and comes up with the most interesting and comprehensive  list of Issues in our business.  The 2022-2023 Top 10 Issues Affecting Real Estate report came out last … Continue reading Top 10 Issues Affecting Real Estate

Ten on One- California Industrial Market

The Inland Empire of industrial market is MASSIVE.  It is estimated that 40% of all distribution to the US comes through the two ports located in Southern California.  We spent ten minutes talking Inland Empire with Jeff Huberman, one of the top industrial brokers in California. What did we learn? –These ports are the gateway to … Continue reading Ten on One- California Industrial Market

In the Market… Every Day

We had a very busy second quarter. Clients hire us because we are in the market every day and close a transaction every 2 to 3 days (including weekends😊). If you want to know anything about office space, give us a call. Click here to see the full image. Craig 602.954.3762 ccoppola@leearizona.com

Phoenix And San Antonio Only Big Cities Growing

New York City lost hundreds of thousands of people last year — around 3.5% of its population gone in one year. In fact ALL cities with populations more than 1 million saw people move out, with the exception of Phoenix and San Antonio. The pandemic saw thousands of people reevaluate their lives and make the … Continue reading Phoenix And San Antonio Only Big Cities Growing

Weakening the Work-From-Home Revolution

Everyone is talking about the looming recession.  While I personally think it’s likely to hit in 2023,  no one seems to be talking about how it could bring people back to the office. The article below discusses the reasons why a recession will lead to remote workers heading back into the office. Layoffs are coming (actually, they’re already here), and unemployment … Continue reading Weakening the Work-From-Home Revolution

The Latest Insights and Stats on Hybrid Office Work

Want to understand how employees really feel about the hybrid workplace? Microsoft has put out a fantastic report called the 2022 Work Trend Index Annual Report. An independent research firm conducted a survey with over 31,000 full-time and part-time works across 31 worldwide markets. This report also used valuable data from LinkedIn and Microsoft 365. Here are … Continue reading The Latest Insights and Stats on Hybrid Office Work

PropTech is Changing Office Space

Office space is changing dramatically right in front of our eyes.  In this Narrative, we have talked about work from home, flex time, and how office space is becoming more experiential. Today I want to talk about another area: PropTech. The article below from prommodo is titled: The Coming Tsunami of PropTech. Proptech companies are showing up at … Continue reading PropTech is Changing Office Space