Phoenix isn’t just bringing the heat outside — it’s hot in the job market too! As someone who grew up here, I’ve seen this city sprout from a sleepy desert resort town into a full-blown economic powerhouse. Today, it’s home to some of the nation’s largest employers across healthcare, tech, and even finance. The secret’s …
Last week, we broke down Phoenix’s Q3 office numbers. Click the link here to read the C2 Voice. This week, we’re sharing a great national summary from the article here: Top Markets’ YTD Office Sales & Construction Starts Inch Up From 2024— and while challenges remain, there are some signs of improvement. Sales volume is up by …
We spend a ton of time talking about office layout, hybrid schedules, and space efficiency… but what about the issue employees deal with before they even get to their desk? That’s right—parking. If your team starts their day circling the lot like it’s a NASCAR warm-up lap, you’ve got a real workplace problem. — Parking …
For the first time in over 25 years, the U.S. office market is shrinking—and not just in spirit. More office space is being demolished or repurposed than built, thanks to remote work, changing workplace trends, and a whole lot of vacant space collecting dust. If you’ve been following our Metro Phoenix Office Market Series, you’ll know… we saw …
The Great Office Space Shrink: Out with the Old…Literally! Read More »
There’s no denying it anymore — federal employees are being told to return to the office. That’s a huge shift for the largest employer in the country and a signal to the rest of the workforce. On the other hand, DOGE is cancelling a ton of government leases creating more vacant space in the market. …
Despite the office market woes, there are still some VERY cool spaces being built. In fact, in the competition for talent, we are seeing tenants using office space as a recruiting tool. I went to THE source for all things office design: Michelle Heeb and her amazing company, Forward Tilt. They are the best commercial office furniture company in …
Everyone is talking about the looming recession. While I personally think it’s likely to hit in 2023, no one seems to be talking about how it could bring people back to the office. The article below discusses the reasons why a recession will lead to remote workers heading back into the office. Layoffs are coming (actually, they’re already here), and unemployment …
Zisler Capital Associates released a report that stated up to 70% of the total office inventory might be obsolete. This is a massive disruption for office building owners. Now, we know that how tenants use their space is changing dramatically post covid and with new, rising technologies (Zoom, Slack, everything in the cloud, etc). We also …
In 2010, psychologists Alex Haslam and Craig Knight did some experimenting with office space layouts (read the full article below for some fascinating history and thoughts). Here’s what they found: –Employees want to make their space their own. –When they get that opportunity, they do more and better work. Over a decade later and employees …
I recently wrote about office land sites going to industrial developers here. Below is one additional reason why this trend is happening. This is crazy. Take a look below, but first here are some of my thoughts: –The industrial market is on fire and the country is building out the last mile infrastructure. –Land prices …
