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7 Bold Commercial Real Estate Predictions

In my weekly narrative, I spend quite a bit of time thinking, talking, and looking at the future. Below are seven bold predictions by some of the leading thinkers in our industry. Here a few key predictions that stand out: –Malls will soon be extinct –Technology will run buildings (we see that coming today) –Green buildings will become the norm …

7 Bold Commercial Real Estate Predictions Read More »

Increasing space utilization is a goal almost all of the tenants we represent have. Below is an article that discusses the inherent difficulties of attaining the perfect space and layout. At the end of 2013, tenants were space planning to 180 SF per person. As described in this narrative previously, this brings a large number of issues to the forefront, …

Downsizing and Space Utilization Read More »

Below is a cool infographic on some of the issues affecting workspace. This includes air quality, temperature variations, natural light, and, of course, noise in any open environment. I really like the summary of unhealthy and healthy office space situations. If you are looking for space, make sure you think about these issues as you design your office. If you are …

Are you in an unhealthy office relationship? Read More »

Finally, some good news. The Metro Phoenix Office posted just under 800,000 SF of net absorption for the third quarter. A significant number of the tenants I talked to while canvassing buildings have either just expanded or are considering expanding in the near future. Despite the strong absorption, vacancy remains high at 21.6% across the entire market. Except for …

Market Insight: Q3 2014 Phoenix Office Report Read More »

Some of the below article is complete new-age BS. I do think, however, that there is some value in giving it a quick overview, focusing on a few key items. I hope you can get a gem or two out of this article as you get closer to the end-of-the-year review process for your team. For my team, I know we don’t …

Burnout Is the Consequence of a Broken Way of Work Read More »

This week, I have an article, some cool photos, and a very different narrative from my usual e-mail. I recently found an article and some photos about a very cool floating home–see below. This home got my mind racing to a place called Tunle Sap.   A few years back, I had the opportunity to take a fabulous trip …

Modern Floating Home and Tunle Sap Read More »

Below is a 2013 article Andy Conlin sent me analyzing high-rise construction in the United States. David Holmes takes an in-depth look at the major economic factors affecting skyscrapers (defined as buildings 18 stories or higher in this article) built since 2000. This timeline would include only one construction cycle and two recessions, but the conclusions are interesting. I’ve …

An Analysis of U.S. High-Rise Construction Activity in This Century Read More »

The decadent lifestyles of the rich are more unbelievable than ever. Foreign cars, luxury homes, and all the toys that go along with the money. Below I’ve combined a couple articles about the most expensive cities in the US where these people are living. Click through to the interactive map in the first article to see …

The Most Expensive Cities in America Read More »

Jealousy can be a terrible thing. In this case, I am so jealous of the latest monster lease done in San Francisco: 714,000 SF lease with a 15 and a half year term. Hats off to them. While I have done plenty of large leases, I have not yet negotiated a 700,000 SF+ lease.   OK—Who on this email wants to …

Transbay Tower To Become “Salesforce Tower” With Monster Lease Read More »

I am a third generation Arizonian. When I was born in Tucson in 1961, the population of Phoenix was 440,000. Today there are over 4.3 million in metro Phoenix making us the 13th largest metropolitan area in the US (see Top 13 areas below). Growth is expected to continue like crazy and by 2050, we should have over 7,000,000 …

World’s Top 15 Megacities–Growing and Growing Read More »

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