Categories Graphs, Narrative, Office Market

Demand for Office Space Expected to Shrink Through Early 2024

We write about the state and future of the office market in The C2 Voice weekly. Because we are on the front lines, we see trends happening as they develop. Today, we want to share a great study that just came out from NAIOP (the main association for Office Developers) that mirrors our perspective but … Continue reading Demand for Office Space Expected to Shrink Through Early 2024

Categories Covid19 Impact, Economy, Graphs, Narrative, Office Market, Original Content

1-Minute Phoenix Metro Office Market Update: Q3 2021 and a 30-Second Favor to Ask

We are honored to have been chosen as one of five finalists for Broker of the Decade in Metro Phoenix by CEM Magazine. The winner is determined via vote by the readers.  We would greatly appreciate if you could take 30 seconds right now and cast your vote by clicking here (we are third in the … Continue reading 1-Minute Phoenix Metro Office Market Update: Q3 2021 and a 30-Second Favor to Ask

Categories Covid19 Impact, Economy, Graphs, Narrative, Office Market

Reducing Office Space? 74% of Fortune 500 CEO`s Say It`s Likely

You may have noticed that I’ve spent more time than usual passing along information as it pops up.  My job is to make sure you and our clients are on the cutting edge of where office space is going and how it is changing. Due to the pandemic, there is a lot of confusing data … Continue reading Reducing Office Space? 74% of Fortune 500 CEO`s Say It`s Likely

Categories Covid19 Impact, Economy, Graphs, Narrative, Office Market

CRE International Investors Coming to the US and AZ

Readers of this narrative know that my team and I represent tenants and landlords primarily in the Metro Phoenix area. Every year we see more and more investors coming to us from outside Arizona, and even outside the U.S. Interest in commercial real estate investing is on the rise in the international community, which is … Continue reading CRE International Investors Coming to the US and AZ

Categories Economy, Graphs, Narrative

$329,100

The housing market is on FIRE. We are seeing house prices skyrocket across the country, especially here in Metro Phoenix. How hot is it? The median price of a home in the US just hit $329,100. While I’m not in the residential sphere, I’ve been keeping an eye on housing prices and am amazed at … Continue reading $329,100

Categories Covid19 Impact, Economy, Graphs, Narrative, Office Trends

Commercial Sales Volume in a Pandemic

There’s no doubt that the pandemic has had far-reaching consequences for industries worldwide. In my business, the pandemic created several great markets (residential development and industrial); a sandstorm in our area of office space leasing (no one knows where we are going yet) and has devastated other segments (retail and hospitality). One other segment that was … Continue reading Commercial Sales Volume in a Pandemic

Categories Economy, Graphs, Narrative

Countries With the Most Sustainable Energy Policies

I have some global thinking for your narrative today. Lots of thought and energy is going into making the world more sustainable. There are many ways people are working towards sustainability, and below is a graph showing which countries are doing the best job. Here are my thoughts:1—The US is doing a good job (I know, we … Continue reading Countries With the Most Sustainable Energy Policies

Categories Graphs, Narrative, Original Content

Tenant Advisory Method

Tenant Advisory and now National Tenant Advisory was formally created in 1982.  Today, office tenants across the US with as few as 5-10 offices in different markets are hiring firms to handle their real estate portfolios.  There are many reasons, but here are a few thoughts on why companies do this:   Tremendous time savings Single … Continue reading Tenant Advisory Method

Categories Graphs, Narrative

Amazon Warehouses

We know Amazon delivers thousands of items right to our house, often within 24 hours.  Below is a map showing how they do it—with warehouses all over the US and world.    With their push to handle more and more of their own delivery, this number will continue to increase.  They are even looking to … Continue reading Amazon Warehouses

Categories Graphs, Narrative

Sunshine in USA vs. Europe

I’m a third-generation Arizonan, which means I love the sunshine. Below is a cool map that shows sunshine in terms of hours per year.  It’s interesting how little sunshine Europe gets.  In the USA, we get tons of Vitamin D compared to Europe. And Arizona…forget about it… We get 3,500 hours a year or more. One … Continue reading Sunshine in USA vs. Europe

Categories Economy, Graphs, Narrative, Office Market

What is Your State’s Poor Infrastructure Costing You?

Below is an incredible graph.  States have let their infrastructure go to hell and it is costing consumers a ton of money in car damages.  Take a look below to see what your state is costing you.I also pulled cities within the Metro Phoenix market to see what individual cities are costing us. 1—Lack of … Continue reading What is Your State’s Poor Infrastructure Costing You?

Categories Graphs, Narrative

Work Modalities Chart

I’ve talked in previous narratives about the pros and cons of the current trend towards open office layouts. Work and how it flows has changed dramatically over the past 5 years.  75+ percent of all office spaces we see built out these days are primarily open.  Companies are trying to make their culture more collaborative. … Continue reading Work Modalities Chart

Categories Graphs, Narrative

National Debt Growth

Below is the US National Debt as a portion of the economy expressed as a graph. Since this graph was created, we have now surpassed World War II levels of debt, pushing debt to over 100% of GDP.  You can see the most accurate calculation of national debt, which updates every second as it grows, here: https://www.usdebtclock.org/ The … Continue reading National Debt Growth

Categories Graphs, Narrative, Office Market, Office Trends

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

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 … Continue reading An Analysis of U.S. High-Rise Construction Activity in This Century