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 …
1- Minute Phoenix Metro Office Market Update: Q2 2022 Read More »
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 …
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 …
1-Minute Phoenix Metro Office Market Update: End of Year 2021 Read More »
Thank you for reading our narrative, working with us and helping make our team the #1 office team in Lee and Associates history. We had a very nice year despite the ongoing pandemic and its effect on office space. Thank you for reading our narrative and all the comments throughout the year. Craig PS: I was …
2021 has been a wild and crazy year for everyone. We are proud of the work we did this year especially with the uncertain circumstances in the office market. Our clients have been amazing and we are grateful for each of you who worked with us this year. We spent 2020 locked down in Arizona….NOT …
2021 Holiday Video–Our Travels this Year (1 minute 57 seconds) Read More »
Business owners come to us and ask for our guidance and expertise on all things office space. One area that comes up all the time is the decision to lease or buy a building. We received this question so often, we created the below graphic to begin the conversation. While this is a great start, the …
We are honored to have been chosen as one of five finalists for Broker of the Decade in Metro Phoenix by CEM Magazine. The winner is determined via vote by the readers. We would greatly appreciate if you could take 30 seconds right now and cast your vote by clicking here (we are third in the …
1-Minute Phoenix Metro Office Market Update: Q3 2021 and a 30-Second Favor to Ask Read More »
This narrative has been talking about changes in office space design, layout, and work flow for the last year. During COIVD-19, I decided to put together a summary presentation of the 10 changes office space users are making as we come out of the pandemic. I have given this presentation live (well, over Zoom) over …
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 …
1-Minute Phoenix Metro Office Market Update: Q2 2021 Read More »
Over the last year, we have all had to adjust our thinking. Personally, I’ve spent quite a bit of time thinking about how I could better insulate me, my family, my team at Coppola Cheney and my companies from the scary times created by the pandemic. I settled on the below thoughts and created the …
