2020

C.D.C. Recommends Changes to Office Space

The C.D.C. sent out some “suggested” changes for office space users as we head back into the office.  I wanted to take these suggestions and roll them into what we are seeing our clients do on a practical basis. Additionally, the Wall Street Journal has a nice article on what we know about getting infected. You …

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1-Minute Phoenix Metro Office Market Update: Q2 2020

Not surprisingly, the Metro Phoenix office market Q2 2020 experienced plenty of highs and lows.  Office leasing slowed, but it did not stop.  Sublease space increased dramatically, but it’s not at an all-time high.  Positive COVID cases declined, then spiked here in Arizona, as they did in much of the country.  We continue to learn …

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10 + 1 Reasons to Measure Office Space Utilization

Last week, I sent a narrative on some new ways we are working with our clients to measure space utilization (click here to read).  I got quite a few responses about the topic from Real Estate facilities people (and a CEO) asking why we would incorporate new measurements into their spaces when they have corporate …

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New Ways to Measure Workplace Utilization

Every day we negotiate office leases. In 2019 alone, our team completed 145 leases. One item we always negotiate is rent per square foot.  As we negotiate this for our clients, we also talk to them about how they could, and probably should, be looking at the rent differently than just per SF.  Recently, we moved a …

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