This week we have an exciting episode of Ten on One with Maria Luna, the fabulous Co-Founder of Famigo, a mobile app for artists and creators. She riffs on starting a business, being a female founder, and how her mother helped drive her to succeed. It’s a conversation worth 10 minutes of your time, but … Continue reading Ten on One- Minority Owned Start-up Business Thoughts from the Front Lines
CRE Terms Everyone Should Know
The world of Commercial Real Estate is complex, and filled with jargon — both serious and comical. To help you navigate, we’ve put together a glossary of Commercial Real Estate terms everyone should know — with an extra fun spin. 🙂 (Don’t worry, we’ve put a little logo on the funny ones in case you … Continue reading CRE Terms Everyone Should Know
Spec Suite Scorecard
It’s happening — companies are doing all they can to get employees back to the office! But at the same time they understand that hybrid work and downsizing is here to stay…or is it? This is a scary unknown for business owners, so how do they hedge their bets? Enter the “Spec Suite.” Over the … Continue reading Spec Suite Scorecard
Ten on One- Growing a CRE Brokerage Company
Ten minutes with Jeff Rinkov, CEO and Chairman of the Board, Lee & Associates. Our Leader. We sat down to discuss how we are growing our company and what makes us different.–Bigger, publicly traded CRE companies are focused on growing predictable revenue….CRE brokerage commissions are not that predictable. –How is Lee growing: – NFL cities – Diversification … Continue reading Ten on One- Growing a CRE Brokerage Company
Ten on One- Construction (Tenant Improvement) Pricing
In our latest Ten on One podcast, we spend 10 minutes with James Murphy, CEO of Willmeng Construction. Willmeng has been one of the most active general contractors in all of Arizona over the past decade, with incredible data points. Here are a few takeaways from our talk on construction pricing, particularly tenant improvements: — Don’t … Continue reading Ten on One- Construction (Tenant Improvement) Pricing
Build-to-Suit Development Process
Historically, the Metro Phoenix Office Market would most accurately be describe as a “Field of Dreams” market…”If you build it, they will come.” In this case, Ray Kinsella (Kevin Costner) is plowing down cotton fields to throw up Class A office space in the hopes that “Shoeless Joe” aka AAA Credit Tenant comes along to … Continue reading Build-to-Suit Development Process
2022 Holiday Video–Our Travels this Year
We were on the road A LOT in 2022. We encourage everyone on the Coppola-Cheney team to travel. AND travel we did this year. Take a look at our 2-minute holiday card for photos of some of the very cool places we got to see. We love our team. We love our life. We love … Continue reading 2022 Holiday Video–Our Travels this Year
A Very Active 3rd Quarter
The third quarter of 2022 was active…very active. We closed 27 deals in 90 days and went over 100 deals completed in 2022. We continue to close a deal every 2-3 days, rain or shine. What does that mean for you? 1—We know the market 2—We know the best terms 3—We can help you If … Continue reading A Very Active 3rd Quarter
Ten on One – Commercial Development with Molly Ryan Carson
This month’s Ten on One episode is packed with relevant information on what is currently happening with Commercial Real Estate development. Featuring Molly Ryan Carson, Senior Vice President of Real Estate Development and Market Leader for Ryan Co’s Southwest Region, we dive into the key trends and developments we are seeing right now. Here are … Continue reading Ten on One – Commercial Development with Molly Ryan Carson
Ten on One- Latest Office Leasing Trends
In our latest Ten on One podcast, we spend 10 minutes with John Orsak, Vice President of Development at Lincoln Property Company, Desert Southwest. John oversees a huge office portfolio in Phoenix, putting him in the market seven days a week. He is in the know in all things office. Here are a few nuggets … Continue reading Ten on One- Latest Office Leasing Trends
Ten on One- California Industrial Market
The Inland Empire of industrial market is MASSIVE. It is estimated that 40% of all distribution to the US comes through the two ports located in Southern California. We spent ten minutes talking Inland Empire with Jeff Huberman, one of the top industrial brokers in California. What did we learn? –These ports are the gateway to … Continue reading Ten on One- California Industrial Market
In the Market… Every Day
We had a very busy second quarter. Clients hire us because we are in the market every day and close a transaction every 2 to 3 days (including weekends😊). If you want to know anything about office space, give us a call. Click here to see the full image. Craig 602.954.3762 ccoppola@leearizona.com
Ten on One: Post Covid Design Changes
We’re excited to bring you something brand new today. The first episode of our new video podcast, “Ten on One.” This new video format will feature a ten-minute podcast on one timely topic at a time. We promise to deliver: — Relevant, timely information — No BS — A summary of key takeaways Trust us, it will … Continue reading Ten on One: Post Covid Design Changes
1-Minute Phoenix Metro Office Market Update: Q2 2022
The Metro Phoenix Office Market is in the midst of a recovery. Ok, a slow one BUT still a recovery. Net absorption, the net increase in physical office space occupied, and THE key market indicator, bounced back in a big way in Q2 at 913,413 SF. In Q1 it had slipped to a – 55,390 … Continue reading 1-Minute Phoenix Metro Office Market Update: Q2 2022
Building Amenity Checklist
One huge area of change over the past decade is the amount of amenities tenants want and are now demanding. The competition for tenants remains fierce so landlords are providing more of amenities in their office buildings. The race to provide amenities got so heated over the last few years, we actually created an Amenity … Continue reading Building Amenity Checklist
1-Minute Phoenix Metro Office Market Update: End of Year 2021
The big news from the 2021 year-end report is The Metro Phoenix Office market recorded 807,000 SF of positive net absorption. It’s also noteworthy for a couple reasons: 1—We finished the year in the black despite COVID, despite the lock down, and despite work from home. Second, it was the second straight quarter of positive … Continue reading 1-Minute Phoenix Metro Office Market Update: End of Year 2021
Coppola Cheney– 2021 By the Numbers
Thank you for reading our narrative, working with us and helping make our team the #1 office team in Lee and Associates history. We had a very nice year despite the ongoing pandemic and its effect on office space. Thank you for reading our narrative and all the comments throughout the year. Craig PS: I was … Continue reading Coppola Cheney– 2021 By the Numbers
2021 Holiday Video–Our Travels this Year (1 minute 57 seconds)
2021 has been a wild and crazy year for everyone. We are proud of the work we did this year especially with the uncertain circumstances in the office market. Our clients have been amazing and we are grateful for each of you who worked with us this year. We spent 2020 locked down in Arizona….NOT … Continue reading 2021 Holiday Video–Our Travels this Year (1 minute 57 seconds)
Lease vs. Own
Business owners come to us and ask for our guidance and expertise on all things office space. One area that comes up all the time is the decision to lease or buy a building. We received this question so often, we created the below graphic to begin the conversation. While this is a great start, the … Continue reading Lease vs. Own
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
COVID 19 Office Space Changes
This narrative has been talking about changes in office space design, layout, and work flow for the last year. During COIVD-19, I decided to put together a summary presentation of the 10 changes office space users are making as we come out of the pandemic. I have given this presentation live (well, over Zoom) over … Continue reading COVID 19 Office Space Changes
1-Minute Phoenix Metro Office Market Update: Q2 2021
The Metro Phoenix Office Market remains in disarray at the midpoint of 2021. Companies (small and medium-sized) are coming back to work, signing new leases and getting back to a new normal. Other companies (often large ones) continue to kick the can with short-term renewals, downsizing as leases roll, or trying the sublease market. The … Continue reading 1-Minute Phoenix Metro Office Market Update: Q2 2021
NAIOP Arizona Award of Excellence 2020 Goes to…
We are very excited to share with you that Craig has been awarded the 2020 NAIOP Award of Excellence. Only one person in our industry per year receives this distinction. The purpose of this award is to recognize an individual who has made extraordinary contributions to the Arizona commercial real estate market over his or … Continue reading NAIOP Arizona Award of Excellence 2020 Goes to…
Why Use A Broker?
For over 30 years, I have been telling tenants they should use me and my team to represent them. The first question I need to answer is, “why do I need a broker?” Below is a graphic we created for people who want to know why they need to engage a broker for their next … Continue reading Why Use A Broker?
1-Minute Phoenix Metro Office Market Update: Q1 2021
The pandemic certainly took its toll on the Metro Phoenix Office Market in Q1. The numbers tell us it was the worst quarter since the Great Recession (2008): Net absorption (new office space taken by job growth) went negative for the third quarter in a row, at -550,000 SF; sublease space increased at the highest … Continue reading 1-Minute Phoenix Metro Office Market Update: Q1 2021
Preliminary Relocation Process
One of the first questions we get asked when we are working with a tenant is how long the process will take…..The answer is usually longer than you think. We created the below infographic to show a sample of our step-by-step process, the time it takes to accomplish and decision makers involved. There is a … Continue reading Preliminary Relocation Process
Lease Types and Obligations
In commercial office leasing, there are a number of ways owners charge rent and operating expenses. We always negotiate how operating expenses are accounted for and charged to the tenant when we work with you on your office lease. Below is a graphic we created to show the range of lease types and where the obligation resides (with the Landlord … Continue reading Lease Types and Obligations
Coppola-Cheney 2020 – By The Numbers
Goal setting is what I do and then I track those goals with a religious fervor. 2020 proved to be a crazy, crazy year for goal setters. Not for Coppola Cheney. We put our heads down, took care of our clients, made the year about working hard for them and their issues. After the year ended, … Continue reading Coppola-Cheney 2020 – By The Numbers
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
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
55 N Arizona, The Johnathan
Lease Abstract
It is imperative to know the key points of your lease. This means reading beyond the rent and the expiration date. We prepare lease abstracts for all of our clients as a matter of course. Our unique lease abstract form makes sure we capture all the important lease details and maximize your leverage. Why? Because … Continue reading Lease Abstract
C2 Velocity of Work
In my Workplace 2020 series, I talked about the speed of the market gaining velocity. Millennials now expect an immediate response time. After three decades of closing over 125 deals per year (151 in 2019) each and every year, we have fine-tuned our process to include the fastest response times in our industry. Below is a … Continue reading C2 Velocity of Work
Post Lease Execution Thoughts
Congratulations, your lease is fully executed. Now what? Most brokerage professionals disappear before the ink on the lease has even dried. Over time, we have found a number of ways we can help our clients as they transition into the next phases of their relocation or renewal. We offer guidance and resources that start at lease execution to occupancy … Continue reading Post Lease Execution Thoughts
The Modern Workplace
Over the years, we have seen a proliferation of amenities and additions to office space that we lease. We assembled a nice overview of what we call The Modern Workplace. In addition to photos, I have added a little overview of the top amenities. Each of these amenities is from one of our listings here … Continue reading The Modern Workplace
The Renewal Process
Just because it’s simple doesn’t mean it’s easy. Negotiating a renewal seems straightforward, but there’s more to it than meets the eye. Our team has developed a unique, four-step process for our clients looking to renew where possible. This process ensures the most competitive transaction terms with the least amount of time and anxiety. The key step in the … Continue reading The Renewal Process
New Lease vs. Renewal Breakdown
We represent tenants looking for office space in metro Phoenix and across the US. Some clients are CRE savvy and others negotiate a lease once every 5 years. One question I hear all the time is, why are rents so high? Or, said another way, how does my rent break down? Below is a cool graphic … Continue reading New Lease vs. Renewal Breakdown
Brokerage – What We Do Every Day
Managing a national portfolio can be one of the most complex and stressful jobs in our industry. The Coppola-Cheney Group has over three decades of experience leasing office space across the U.S. and Europe for clients. We compete with national tenant advisory firms and offer unique services that cannot be replicated by these national firms. … Continue reading Brokerage – What We Do Every Day
Coppola-Cheney 2019 – By the Numbers
Many who know me know that I’m a dedicated goal setter. (Those who know me really well might say I go a bit overboard.) I set and track goals on a daily, monthly, and yearly basis in all areas of life, from family time to backpacking to even the amount of sleep I get each night. Most … Continue reading Coppola-Cheney 2019 – By the Numbers