Blogs

Welcome to Around the Valley: Commercial Real Estate notes and news. I will try to empty my notebook at least once a month from the various events I have attended or from meetings with those in the industry – marketing folks, contractors, developers, architects, and attorneys.

“Eds and Meds” leading the way in Glendale

Glendale has a lot to crow about these besides being known as a Super Bowl-host city. According to city officials, the Glendale Economic Development Dept. has filled more than 1 million square feet of office and industrial space for two targeted industries – health care and education. And that has happened in just the past 12 months.

Welcome to our weekly green news roundup. This week we've gathered stories about tattletale trashcans costing their owners big bucks, effective ways to go green that may surprise you, a possible "feed-in tariff" to encourage solar power growth in Arizona, test driving electric cars and others.

Please feel free to send along any interesting stories you'd like to see featured in the roundup by e-mailing Shelby Hill.

Also visit AZ Green Scene for informative articles on sustainability endeavors in the Valley and state. Read the latest article here.

Please welcome our guest blogger, Derrick Mains, CEO of GreenNurture, a corporate sustainability software company that empowers the people to make environmental change in the workplace.

When my father’s grandparents immigrated to America, they had one objective: to give their children, and some day their grandchildren, a better life. They worked hard and sacrificed to instill the desire to make thing better for the next generation, my grandparents.

Maybe you can remember the sacrifices you saw growing up, how past generations saved money and withheld pleasure from themselves in order to make sure the next generations strived.

Welcome to our weekly green news roundup. This week we've gathered stories about new green jobs in Arizona and around the nation, a bike-sharing program and Valley Forward's Environmental Excellence Awards, among others.

Please feel free to send along any interesting stories you'd like to see featured in the roundup by e-mailing Shelby Hill.

Also visit AZ Green Scene for informative articles on sustainability endeavors in the Valley and state. Read the latest article here.

Why should humans curtail economic activity to preserve endangered forms of life? The question needs answering for each new generation despite the fact the Endangered Species Act has been in place for 36 years now.

World-renowned National Geographic photographer Joel Sartore notes in his newest book that nearly 2,000 plants and animals are listed as endangered species. This doesn’t even account for those that are already extinct.

Welcome to our weekly green news roundup. This week we've gathered stories about new solar installations at the University of Arizona and Luke Air Force Base, weird global weather patterns bringing to mind global warming, falling worldwide carbon dioxide levels and others.

Please feel free to send along any interesting stories you'd like to see featured in the roundup by e-mailing Shelby Hill.

Also visit AZ Green Scene for informative articles on sustainability endeavors in the Valley and state. Read the latest article here.

Please welcome our guest blogger, Derrick Mains, CEO of GreenNurture, a corporate sustainability software company that empowers the people to make environmental change in the workplace.

Over the past few months, an addition to the three P’s of sustainability has appeared: peril. Where in the past the reasons for going green were improvements in people, planet and profits, it is now evident that sustainability is as much about the survival of the planet as it is about the survival of business.

Welcome to our weekly green news roundup. This week we've gathered stories about ASU making the green honor roll, Phoenix being a top city for graduates and others.

Please feel free to send along any interesting stories you'd like to see featured in the roundup by e-mailing Shelby Hill.

Also visit AZ Green Scene for informative articles on sustainability endeavors in the Valley and state. Read the latest article here.

With all the negative publicity Arizona has received lately, here’s some … well … sunny news.

According to Business Facilities Magazine, a national publication that serves as location advisor for site selection professionals, Arizona is ranked No. 1 among Alternative Energy Industry Leaders. Iowa is ranked No. 2.

Helping Arizona achieve that top spot is Tucson, which ranked No. 1 among the top 10 metro areas in the same category. 

Excerpts from Colliers’ quarterly research and forecast report discussing office supply, absorption and vacancy rates. 

The Broader View
Where the Phoenix Office Market is poised to go midway through 2010 is not any clearer than it was three months ago.  The market absorbed over a quarter million square feet of office space, and with that came a small drop in the vacancy rate, reversing a trend of the past two years.  But despite this good news, rental rates are still down. Average 2Q rental rate Valley wide was $21.85, ranging from $16.10 for Class C to $24.86 for Class A.