The last 10 years were challenging. Beginning from the depths of the financial crisis and culminating with the beginning of one of the worst global health crisis in the last…
While the Phoenix office market softened a bit going into Q4 2021, there are still reasons to be hopeful, according to a report from Transwestern Real Estate Services. The office…
Greater Phoenix posted its first quarterly decrease in office vacancy since the pandemic hit in 2020, according to a report released by Colliers in Arizona. Additional office market conditions include…
While Arizona has certainly not been immune from the widespread economic impact of the COVID pandemic, the state’s economy has proven to be among the most resilient. Only two states…
CBRE announced three newly signed leases totaling 22,359 square feet at LINK, a creative office complex in Phoenix. CBRE’s Sean Spellman, Corey Hawley and Jimmy Cornish represented the landlords, Mainstreet…
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…
