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Phoenix office Q2 2019 report: Great expectations

Posted by   /  July 24, 2019  /  Real Estate  /  No Comments

Commentary by Thomas Brophy, Research Director Arizona at Colliers International, Phoenix | Real Estate Daily News The struggle to quell the natural cynicism which broods over any market analyst is a tale as old as (economic) time. The numbers point up, the wedding bells ring, but the bears in the research department harken the end of […]

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As office tenants expect more tech, even the windows get smart

Posted by   /  April 10, 2019  /  Real Estate  /  No Comments

To stay competitive, developers and landlords are being driven to add telecommunications infrastructure, video screens and, yes, glass that tints itself automatically. By Jane Margolies | The New York Times Office developers and landlords once had to think only about supplying electricity, plumbing and heating to workplaces, leaving tenants to design their offices to their own […]

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2018 Year in Review: Big office deals centered around key submarkets

Posted by   /  December 19, 2018  /  Real Estate  /  No Comments

  By Corina Vanek | Phoenix Business Journal Some of the Valley’s hottest office submarkets were the focal point for the biggest office deals of the year. The majority of the biggest sales — four of the top 15 — were in Tempe, the submarket with the fourth-highest rent growth in the country, according to a report […]

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Employment growth fuels demand for more office space in Phoenix

Posted by   /  October 8, 2018  /  Real Estate  /  No Comments

  AZBigMedia Greater Phoenix posted a strong third quarter in the office space sector, though net absorption dipped from the robust levels of the second quarter.  Strong job creation is fueling tenant demand for office space and motivating developers to start new projects. Net absorption during the third quarter was slower but move-ins still outpaced the […]

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Declining vacancy spurs new office developments in Phoenix

Posted by   /  May 1, 2018  /  Real Estate  /  No Comments

AZBigMedia The Greater Phoenix office market kicked off 2018 with stronger momentum in net absorption that experienced in recent years. Vacancy dropped to 15.5 percent and the pipeline of construction projects in this product category is filling. This is all noted in a recent first-quarter report released by Colliers International in Greater Phoenix. Office tenants moved into […]

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See why the office market, commercial construction have slowed down

Posted by   /  November 3, 2017  /  Real Estate  /  No Comments

By Mike Sunnucks | Phoenix Business Journal The regional commercial real estate market for office space slowed down in the third quarter, according to a new report from Colliers International (Nasdaq: CIGI). That also includes a drop in commercial construction starts in the Phoenix region, according to Dodge Data & Analytics. READ ON:  

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Phoenix Office Market Slows in Third Quarter

Posted by   /  November 2, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited, unless they contain factual errors.) Vacancy and Construction Level Off and Net Absorption Slows Phoenix, November 1, 2017–  The Greater Phoenix office market leveled off during third quarter.  Net absorption and new construction figures were low and vacancy has remained flat.  This is according to a report released […]

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Planned Roosevelt Row development to incorporate bungalows, shopping, dining

Posted by   /  October 19, 2016  /  Real Estate  /  No Comments

By Brenna Goth | The Republic A prominent corner in the Roosevelt Row arts district could be transformed into a multistory office, retail and restaurant complex that would incorporate the area’s signature bungalows and a longtime commercial building. Desert Viking Development on Wednesday announced plans for the Blocks of Roosevelt Row on Roosevelt Street between Fifth and Sixth streets. The downtown […]

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The untold story of the most hated workplace clichés

Posted by   /  May 4, 2016  /  Media and Entertainment, Off-Beat News  /  No Comments

By Mark Strauss Senior Science Correspondent at National Geographic Where did all this office jargon come from? A condensed etymology Is there a parlor game  where people can compete to see how many office clichés they can cram into the fewest sentences? If there isn’t, there should be. We certainly have enough material to work with. […]

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ViaWest Group sells Crossroads of Tempe for $17.25M

Posted by   /  June 4, 2015  /  Real Estate News Briefs  /  No Comments

Crossroads of Tempe

ViaWest Group has successfully sold 96,691 square-feet of office space within the commercial complex, Crossroads of Tempe. Phoenix-based ViaWest Group acquired the nearly vacant office-retail property in 2011 for $4.055 and sold the retail portion shortly after for $1.3M. Four years later, after investing in the two remaining vacant, shell condition office buildings, ViaWest Group […]

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