The C2 VoiceTM
- September 10, 2014
The local paper in Phoenix, The Arizona Republic, published a great summary about the Arizona economy and my favorite topic—Jobs. Please take a look below for the full article, but here are a few highlights: –We are still at 60% of jobs recovered from pre-recession numbers. –Construction, typically our get-out-of-the-slump card, is severely lagging. –One bright spot …
5 Measures of Arizona’s Economy As Fall Season Arrives Read More »
- September 3, 2014
No recovery is smooth. There are fits and starts. There are blue skies and cloudy. The Phoenix housing market, which in past years has driven the office market, has cooled off and is pulling back. Nobody thinks this will be a full recession, but there are clear signs that all is not peachy in Phoenix. I believe this to be true …
- August 27, 2014
As I speak to out-of-state users, owners, and investors, one of the most popular topics I get to discuss is water. The general feeling by out-of-state people is that Arizona is a desert and we are running out of water. Not true. Below is a great summary written by the local paper, The Arizona Republic, that covers the top 5 reasons …
- August 20, 2014
The Phoenix office market continues to slowly improve. Too slow for my taste, but improvement is always good. Unless you are in Tempe, Chandler or Scottsdale, the market is not improving as fast as owners and investors would like. Lee & Associates Arizona released its second quarter Office Market Update in July and showed that …
- August 13, 2014
Here is an interesting idea: a database of buildings you own and whether or not they are occupied. Seem simple? Turns out, not for the federal government. Estimates show they may own up to 77,000 buildings that are empty or not fully utilized. The cost to keep them amounts to more than $1.7 Billion per …
Government’s Empty Buildings Are Costing Taxpayers Billions Read More »
- August 6, 2014
One of the most thoughtful organizations in commercial real estate is The Counselors of Real Estate. I have been a long time member and find their membership and work output to be outstanding. In June, we published our top 10 issues affecting real estate. Below is that list. My favorite topic over the past six …
- July 30, 2014
I am always on the lookout for new trends in the Commercial Office market and potential side effects/tangents. You may recall in a previous narratives my ongoing discussion about “open plan” office space. Since I was one of eight founders of Lee & Associates Arizona in 1991, we have worked in this type of environment. …
- July 23, 2014
For years, US-based companies outsourced their call centers overseas to save money. In many cases, this created a backlash from customers because of poor language skills, limited knowledge of the product and an inability to get through to someone who could actually help solve your problem. We did a deal with an India based company …
- July 16, 2014
We all have this picture of a startup office, at least I do – Steve Jobs, working out of his parents’ garage. Mark Cuban, making his first billion dollars by starting a company in his dorm room. We now have commercials where they wax nostalgic about startups (Here is a Dell commercial in case you …
22 Gorgeous Startup Offices You Wish You Worked In Read More »
- July 9, 2014
I have sent you $100 million homes and condos that are now reaching that same level. I sent the top ten land owners including Ted Turner who once again was the top land owner in America with over 2,000,000 acres. Today, you get to see the world’s smallest homes. How small? Less than 500 square …
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