The C2 VoiceTM
- January 8, 2020
Welcome to 2020. As we start the new decade, I have prepared a 4-part series of narratives on office space 2020. For the next 4 weeks, I’ll be taking a look at what is going on in the workplace from a high level to set the tone for the decade. Part One: The Future Office. Below …
- January 2, 2020
Who is winning in Metro to Metro Migration across the country? Phoenix. 1 in 7 out of state relocation’s come to Arizona and by far the majority move to Metro Phoenix. Check out this graph below to see other markets that are winners. If you want to read the whole article, here you go. If …
- December 18, 2019
2019 is coming to an end, and with it the 2010s. What a great year and decade it’s been for our team and company. This year we closed over 150 transactions with some incredible clients who pushed our team to greater heights. This was my 6th year writing this narrative. I am grateful to have …
- December 4, 2019
I love to write this narrative each year. Annually, I get to comment on some of the coolest office spaces in the world and also highlight a couple clients we have completed transactions with in the past 12 months. First is a very cool tenant lounge that Cypress Properties and Oaktree built at Renaissance One. Next, …
- November 20, 2019
Watching and learning outside our industry over the past decade, I have seen how Big Data is taking over. Well, it’s finally coming to Commercial Real Estate (CRE). How much? Below is a graphic from CB Insights showing the companies and areas they are working on for creating smart cities. Here are some thoughts …
- November 6, 2019
The last time metro Phoenix office vacancy was 16.1% was in 2007. It took us 12 years to get back to the same vacancy. It was a long, tough road back, but we are finally there. However, this time around, there are some big differences comparing 2007 and 2019: 1-Average rents (not Class A rents which …
- October 23, 2019
After a quiet second quarter, the Greater Phoenix office market experienced a HUGE third quarter in terms of tenant activity. Over 1 million SF of net absorption (think job growth) was recorded in just a 90-day period, making 2019’s year-to-date net absorption 2.64 million SF – almost matching space absorbed in all of 2018, and …
1-Minute Phoenix Metro Office Market Update: Q3 2019 Read More »
- October 9, 2019
In 2015, I said this was not a good investment. In 2018, I said, I couldn’t believe this was still going on. In April this year, I reiterated this was going to crash….and it finally has. But that doesn’t mean I’m happy I was right. What was my prediction? WeWork (now We Company) was not …
- September 25, 2019
One of the best parts of being a Counselor of Real Estate (CRE) is the annual debate about what issues are driving real estate. Boy have they changed over the last 5 years. For 2019-2020, our organization has come up with a couple issues that you would have NEVER guessed would have been on the top …
2019-20 Top Ten Issues Affecting Real Estate – My Annual Take Read More »
- September 11, 2019
McKinsey did a pretty interesting study on creating a superior customer experience strategy. As you can imagine, it’s not just the actions of the front-line, customer-facing workers that adds the ‘customer first’ experience to a company, but the executives and strategy as well. The more a company invests in the interests of their employees, the …
#1 Item for a Superior Customer Experience Strategy Read More »
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