Categories Economy, Law Firms, Office Market, Office Trends

Commercial Real Estate in 2022

Lee & Associates corporate just released a nice summary called  7 Things to Know About Commercial Real Estate — a national overview of what you need to know about the market going into 2022.  Here are my takeaways: –Industrial is ROCKING. And it will continue in 2022. –Multi Family is ROCKING (and has been for … Continue reading Commercial Real Estate in 2022

Categories Architecture, Creative Office Spaces, Narrative, Office Trends, Open Offices

Office Buildings and Sites Going Away

One of the craziest office building trends I have witnessed in the past decade is now accelerating.  The trend:  Office land and office buildings are being built out for other uses.  Office used to be the highest and best use….not anymore. Years ago, I wrote this narrative on apartments taking office sites. Today, developers are: –Rezoning … Continue reading Office Buildings and Sites Going Away

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

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