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
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
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
These are the crazy times in CRE. I have been leasing office space for 38 years and have NEVER seen the discrepancy in Office vs Industrial so great. It’s a tale of two markets for sure. Below, find a list of Office and Industrial buildings under construction as of Q2 2022. The difference between Office … Continue reading Office vs. Industrial 2022
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
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
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 be … Continue reading Ten on One: Post Covid Design Changes
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
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
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