Categories Narrative, Office Market, Original Content

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

Categories Covid19 Impact, Narrative, Office Market, Office Trends, Original Content

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

Categories Original Content

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

Categories Banks, Covid19 Impact, Creative Office Spaces, Economy, Narrative, Original Content

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)

Categories Covid19 Impact, Creative Office Spaces, Narrative, Office Market, Office Trends, Original Content, Tech Industry

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

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, Creative Office Spaces, Narrative, Office Trends, Original Content

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

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

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

Categories In the News, Narrative, Original Content

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…

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

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

Categories Narrative, Original Content

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

Categories Narrative, Original Content

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

Categories Creative Office Spaces, Design, Narrative, Office Trends, Original Content

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

Categories Narrative, Original Content

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

Categories Narrative, Original Content

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