NAIOP projects strong rebound for office market
A demand forecast by the NAIOP Research Foundation is projecting a strong resurgence of the U.S. office commercial real estate market through 2023. As the unemployment rate declines, more workers…
A demand forecast by the NAIOP Research Foundation is projecting a strong resurgence of the U.S. office commercial real estate market through 2023. As the unemployment rate declines, more workers…
The Greater Phoenix office market posted sizable negative net absorption during third quarter, due in large part to JP Morgan Chase vacating 721,349 square feet at its landmark high-rise in…
CBRE announced two new office leases, totaling 28,237 square feet within the IDEA Tempe campus in Arizona. Global Nephrology Solutions, a physician-owned and led practice management platform, signed a 92-month…
The Phoenix office market posted more than 604,000 square feet of positive office space absorption during Q3 2021, according to the new JLL Phoenix Office Insight Report, but a single 721,000-square-foot move-out…
The coronavirus changed many aspects of our daily work environment. From remote work, home offices to Zoom meetings, the pandemic presented companies with new ways to operate and opportunities to…
Eighteen months after many workers were sent home to help prevent the spread of COVID-19, companies are welcoming people back to the office — and back to some of the…
The pandemic’s impact on the Greater Phoenix office market appears to have passed its peak with the market stabilizing in second quarter, according to a report from Colliers. Sublease space…
The city of Goodyear welcomes a new Class A office project underway as of June 2021. Faith, Ledyard, & Faith, PLC (FLF), established in 1979 and the largest full-service law…
CBRE announced the $61.7 million refinance for Elevate 24, a Class-A office property in Phoenix. CBRE’s Bruce Francis, Dana Summers, Shaun Moothart, Robert Ybarra, Doug Birrell and Tim Bokinsky facilitated…
2021 is already shaping up to be a strong year for commercial real estate in Downtown Phoenix as RED Development today announced it has signed Snell & Wilmer, the largest law firm in…
Phoenix’s office transaction activity picked up the pace in March, after a slow February, when only 438,968 square feet changed hands. CommercialEdge data shows 1,383,345 square feet of office space traded…
Sumitomo Corporation of Americas plans to submit the former Collier Center, an office high-rise in downtown Phoenix, to a sweeping renovation, after which the company will reintroduce the approximately 600,000-square-foot…