Categories Economy, Narrative

Arizona Water Update

A few years ago, I sent out a C2 Voice on the Arizona water situation. I thought I would give an update on the status of water rights as we are now experiencing the first cut in Colorado River water in our history. Here are a few points to know: —Only 36% of Arizona water comes from … Continue reading Arizona Water Update

Categories Economy, Narrative, Office Market, Office Trends

1-Minute Phoenix Metro Office Market Update: Q3 2022

The Metro Phoenix Office Market hit a small speedbump in Q3 on the path to recovery. After posting a big net absoption in Q2 of +918,413 SF, Q3 slipped to -81,621 SF. This puts year-to-date net absorption at +532,634 SF, on track to finish well below our 20-year average of 2 million SF. What’s going with … Continue reading 1-Minute Phoenix Metro Office Market Update: Q3 2022

Categories Covid19 Impact, Economy, Narrative, Office Trends, Tech Industry

Top 10 Issues Affecting Real Estate

As you may recall, Andrew and I are a long time Counselors of Real Estate (CRE). Annually the  Counselors of Real Estate organization  has all the members vote and comes up with the most interesting and comprehensive  list of Issues in our business.  The 2022-2023 Top 10 Issues Affecting Real Estate report came out last … Continue reading Top 10 Issues Affecting Real Estate

Categories Covid19 Impact, Economy, Narrative, Office Trends

PropTech is Changing Office Space

Office space is changing dramatically right in front of our eyes.  In this Narrative, we have talked about work from home, flex time, and how office space is becoming more experiential. Today I want to talk about another area: PropTech. The article below from prommodo is titled: The Coming Tsunami of PropTech. Proptech companies are showing up at … Continue reading PropTech is Changing Office Space

Categories Covid19 Impact, Creative Office Spaces, Economy, Narrative, Office Trends, Open Offices

Multi Story Warehouse

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 … Continue reading Multi Story Warehouse

Categories Covid19 Impact, Economy, Narrative, Tech Industry

5 Solutions for Saving Money on Office

The majority of companies are back in the office under some sort of adjusted schedule.  While work strategies differ, everyone can agree that build-out costs are painfully expensive. This is especially challenging during the war for talent that’s happening, and businesses need every dollar they can get to enhance the employee office experience. Since the … Continue reading 5 Solutions for Saving Money on Office

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