The C2 VoiceTM
- July 2, 2014
I have bemoaned this anemic job recovery to no end. Without jobs, office space is difficult to lease. One outcome of this slow recovery is that owners and developers are getting creative with their buildings. Or, more likely, the new owners who bought the building from the bank that reposed the project are now redeveloping …
- June 26, 2014
Normally, I am focused on office space, employment numbers, trends and wild-looking buildings and spaces. This week I’m looking at something a little different, but still following the major themes. Below is a long but fascinating article about the most expensive condos in the world and who owns them. Written as an investigative piece by …
Week 2–Most Expensive Condos in the World and Who Owns Them Read More »
- June 18, 2014
I got some really interesting replies from my narrative about $100 million dollar homes. I knew there was a bigger market for homes worth less than that, but the amount of condos selling for $50 million or more is amazing – Condos – No yard. Below is some of the craziness going on now in …
First We Send You $100 Million Homes, Now Apartments–A 3-Week Report Read More »
- June 11, 2014
I love entrepreneurs. I have no idea if this will work, but I saw this company and looked over the website and thought what a creative mind. AND of course, what creative office space. Blueseed (http://blueseed.co/) is a group trying to raise money to build a ship that will sit 12 miles off the coast …
Floating Office for Startups? Let’s Get Outside of the Box Today Read More »
- June 4, 2014
Recently, I attended an interesting event on site selection at the Greater Phoenix Economic Council’s (GPEC) office downtown. They hosted a panel of corporate site selectors from New York, Texas, California, Ohio and Colorado who discussed their criteria when choosing a city and project. These types of events are exclusive to members of the GPEC …
The Top 12 Ingredients in Site Selection You Need to Know Read More »
- May 29, 2014
Over the last two weeks, I have talked about the numbers behind the job numbers in the US and Arizona. Of course, there are people much more qualified and articulate who actually track this kind of data for a living. Arizona State University’s annual Economic Outlook produced some quality information that I thought I would …
Highlights from Arizona State University’s Annual Economic Outlook Read More »
- May 21, 2014
Last week I discussed the labor market and what is happening in Arizona with job gains and the office market. This week I have pulled some information from the Brookings Institute on our economy and the recovery compared to the rest of the US. Here are some of my takeaways: –Phoenix will remain one of …
- May 14, 2014
Job creation news made headlines a few weeks back touting that the United States had recovered all of the jobs that were lost during the great recession. In Arizona, however, we are still way behind our pre-recession levels. Over the next two weeks, we are going to try to tie jobs, the Phoenix office market, …
A Look at the Numbers Behind the Current Headlines About Job Creation Read More »
- May 7, 2014
I had never heard of the term “Peak Office.” In simple term, Peak Office is like Peak Oil, where the market for the future is less than the past. (Just for fun, I included a peak oil graph below. If you want to read more about Peak Oil, here is a link to a short …
- May 1, 2014
Earlier this week I sent out a narrative on investors and what kinds of yields they look for when investing. One of the reasons I founded Lee & Associates in 1991 (along with seven other Principals) was to become an investor in Real Estate. Since 1991, I have brokered hundreds of building sales but more …
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