Categories Covid19 Impact, Economy, Narrative, Office Market, Original Content

1-Minute Phoenix Metro Office Market Update: Q2 2021

The Metro Phoenix Office Market remains in disarray at the midpoint of 2021.  Companies (small and medium-sized) are coming back to work, signing new leases and getting back to a new normal. Other companies (often large ones) continue to kick the can with short-term renewals, downsizing as leases roll, or trying the sublease market.  The … Continue reading 1-Minute Phoenix Metro Office Market Update: Q2 2021

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

Office Space to Compete With Remote Working

I found the below article a nice start to a conversation all of our clients will have over the next year or two. Who will go remote and why should we still have office space? First, as you will recall from last week’s narrative, as few as 34% of jobs can even be considered remote. … Continue reading Office Space to Compete With Remote Working

Categories Covid19 Impact, Economy, Graphs, Narrative, Office Market

Office Still in Disarray

Conflicting views on the future of the office continue to volley back and forth in the media. Below is the NAIOP research division’s latest forecast for office space demand, which they feel will stabilize by the middle of 2022. NAIOP is the largest commercial real estate trade organization in the United States, carrying a relevant … Continue reading Office Still in Disarray

Join the C2
You will receive concise insights on all things commercial real estate along with top level trade secrets.
PGlmcmFtZSBpZD0iSm90Rm9ybUlGcmFtZS03MjM2NDY0ODc5NjE3MCIgb25sb2FkPSJ3aW5kb3cucGFyZW50LnNjcm9sbFRvKDAsMCkiIGFsbG93dHJhbnNwYXJlbmN5PSJ0cnVlIiBzcmM9Imh0dHBzOi8vZm9ybS5qb3Rmb3JtLnVzLzcyMzY0NjQ4Nzk2MTcwIiBmcmFtZWJvcmRlcj0iMCIgc3R5bGU9IndpZHRoOiAxcHg7IG1pbi13aWR0aDogOTclOyBoZWlnaHQ6NTM5cHg7IGJvcmRlcjpub25lOyIgc2Nyb2xsaW5nPSJubyI+IDwvaWZyYW1lPiA8c2NyaXB0IHR5cGU9InRleHQvamF2YXNjcmlwdCI+IHZhciBpZnIgPSBkb2N1bWVudC5nZXRFbGVtZW50QnlJZCgiSm90Rm9ybUlGcmFtZS03MjM2NDY0ODc5NjE3MCIpOyBpZih3aW5kb3cubG9jYXRpb24uaHJlZiAmJiB3aW5kb3cubG9jYXRpb24uaHJlZi5pbmRleE9mKCI/IikgPiAtMSkgeyB2YXIgZ2V0ID0gd2luZG93LmxvY2F0aW9uLmhyZWYuc3Vic3RyKHdpbmRvdy5sb2NhdGlvbi5ocmVmLmluZGV4T2YoIj8iKSArIDEpOyBpZihpZnIgJiYgZ2V0Lmxlbmd0aCA+IDApIHsgdmFyIHNyYyA9IGlmci5zcmM7IHNyYyA9IHNyYy5pbmRleE9mKCI/IikgPiAtMSA/IHNyYyArICImIiArIGdldCA6IHNyYyArICI/IiArIGdldDsgaWZyLnNyYyA9IHNyYzsgfSB9IHdpbmRvdy5oYW5kbGVJRnJhbWVNZXNzYWdlID0gZnVuY3Rpb24oZSkgeyB2YXIgYXJncyA9IGUuZGF0YS5zcGxpdCgiOiIpOyBpZiAoYXJncy5sZW5ndGggPiAyKSB7IGlmcmFtZSA9IGRvY3VtZW50LmdldEVsZW1lbnRCeUlkKCJKb3RGb3JtSUZyYW1lLSIgKyBhcmdzWzJdKTsgfSBlbHNlIHsgaWZyYW1lID0gZG9jdW1lbnQuZ2V0RWxlbWVudEJ5SWQoIkpvdEZvcm1JRnJhbWUiKTsgfSBpZiAoIWlmcmFtZSkgcmV0dXJuOyBzd2l0Y2ggKGFyZ3NbMF0pIHsgY2FzZSAic2Nyb2xsSW50b1ZpZXciOiBpZnJhbWUuc2Nyb2xsSW50b1ZpZXcoKTsgYnJlYWs7IGNhc2UgInNldEhlaWdodCI6IGlmcmFtZS5zdHlsZS5oZWlnaHQgPSBhcmdzWzFdICsgInB4IjsgYnJlYWs7IGNhc2UgImNvbGxhcHNlRXJyb3JQYWdlIjogaWYgKGlmcmFtZS5jbGllbnRIZWlnaHQgPiB3aW5kb3cuaW5uZXJIZWlnaHQpIHsgaWZyYW1lLnN0eWxlLmhlaWdodCA9IHdpbmRvdy5pbm5lckhlaWdodCArICJweCI7IH0gYnJlYWs7IGNhc2UgInJlbG9hZFBhZ2UiOiB3aW5kb3cubG9jYXRpb24ucmVsb2FkKCk7IGJyZWFrOyB9IHZhciBpc0pvdEZvcm0gPSAoZS5vcmlnaW4uaW5kZXhPZigiam90Zm9ybSIpID4gLTEpID8gdHJ1ZSA6IGZhbHNlOyBpZihpc0pvdEZvcm0gJiYgImNvbnRlbnRXaW5kb3ciIGluIGlmcmFtZSAmJiAicG9zdE1lc3NhZ2UiIGluIGlmcmFtZS5jb250ZW50V2luZG93KSB7IHZhciB1cmxzID0geyJkb2N1cmwiOmVuY29kZVVSSUNvbXBvbmVudChkb2N1bWVudC5VUkwpLCJyZWZlcnJlciI6ZW5jb2RlVVJJQ29tcG9uZW50KGRvY3VtZW50LnJlZmVycmVyKX07IGlmcmFtZS5jb250ZW50V2luZG93LnBvc3RNZXNzYWdlKEpTT04uc3RyaW5naWZ5KHsidHlwZSI6InVybHMiLCJ2YWx1ZSI6dXJsc30pLCAiKiIpOyB9IH07IGlmICh3aW5kb3cuYWRkRXZlbnRMaXN0ZW5lcikgeyB3aW5kb3cuYWRkRXZlbnRMaXN0ZW5lcigibWVzc2FnZSIsIGhhbmRsZUlGcmFtZU1lc3NhZ2UsIGZhbHNlKTsgfSBlbHNlIGlmICh3aW5kb3cuYXR0YWNoRXZlbnQpIHsgd2luZG93LmF0dGFjaEV2ZW50KCJvbm1lc3NhZ2UiLCBoYW5kbGVJRnJhbWVNZXNzYWdlKTsgfSA8L3NjcmlwdD4=
Weekly Narrative