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 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
The Metro office market continues to trudge along its own path of an extended (up and down, circular) recovery. Direct vacancy actually decreased slightly to 17.5%, 500 basis points lower than our 20-year average. Meanwhile, average asking rates actually increased by $0.46/SF per year between Q3 and Q4. However, net absorption, the most critical indicator of market … Continue reading 1-Minute Phoenix Metro Office Market Update: Q4 2022
It’s no shock that a recent McKinsey study showed that workers want more flexibility in their work. (See below for more) What was shocking is that today 58% of people surveyed are now being offered some flexibility in their work—that is 92 million Americans. This is a structural change in how we work, hire, build … Continue reading Accept the Workplace Change–Flexible Work