Building Collaborative Areas vs. Coworking Space

Collab Area vs Coworking Space

  For those who have followed my narrative for a while now, you might recall that WeWork and the overall rise of Coworking office space has been on my radar for the past few years (Click here to read “Rise of Collaborative Workspace” and here to read “WeWork now a $5 billion co-working startup”).   The market […]

Affordability

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  One of the most daunting tasks our national clients face is to quantify the key metrics for making decisions for their office locations.  I review no less than 30 different reports a year on this topic and the items people track are, well…daunting. Demographics, traffic patterns, access to amenities, cost of labor, office space costs, […]

Chinese Company Headquarters WAY different than U.S.

Tencent building

  Chinese company, Tencent, just finished its global headquarters.  In previous narratives, I have discussed US-based tech companies’ cool new headquarters (Click here to read my narrative on Apple’s HQ). This week, I have included two different articles about the same building. What is different? Technology.  In China, the government allows some technology that is not […]

The Commercial Real Estate Appraisal Process

  We are constantly asked by owners and prospective owners to value buildings. As brokers, we can prepare BOV’S (Broker Opinion of Values).  This is our opinion of a specific property’s market value if put on the market for sale.  Full valuation for Lenders and partners to benefit all parties is called an Appraisal.  Below […]

Relationships- Deep and Meaningful

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  This narrative typically talks about office space leases, trends and all things commercial real estate.  Today, I wanted to talk about how we have thrived over 35 years in an incredibly tough business.  It’s pretty simple — we build deep meaningful relationships with our clients. How do we do this?    We have a […]

1-Minute Phoenix Metro Office Market Update: Q4 2018

Q4_OfficeReport First Page

It’s time for us to look back at the Metro Phoenix Office Market for 2018. Readers of this narrative know that I am an office broker who works every day representing tenants and landlords as they navigate real estate nuances and opportunities. I (along with my incredible team) am based in Phoenix but work around the country […]

What do Baseball and Commercial Real Estate Have in Common?

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Some of you may know that I was drafted out of college and played professional baseball for the Minnesota Twins organization before I got into Commercial Real Estate.  If you play baseball, you learn statistics. As sportswriter Arthur Daley said:  “A baseball fan has the digestive apparatus of a billy goat. He can, and does, devour any set of […]

Piling On

open office space

I’m adding to my narrative two weeks ago (click here to read) on the effects of open office plans.  Today is not about the science but rather the complaining and emotional impact on employees after moving to open office space.  I’m not taking a side, rather just piling on more information from two weeks ago.    Workers […]

Open Plans Kill Productivity

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In my ongoing effort to explore both sides of the open office vs. traditional office debate, here are some thoughts based on science.  The Journal of Environmental Psychology jumped into the fray and came out with a huge study (40k+ workers and over 300 companies).  What did they find out?   – Closed offices outperformed open […]

Happy Holidays from The Coppola-Cheney Group

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At the end of each year, we take the opportunity to reflect on the past 12 months. 2018 was exceptional for our team.  We had a great year, fantastic clients (old and new), continued to grow our team with quality (and talented) people, and we traveled.  Boy, did we travel. Travel has long been a part […]