Watching and learning outside our industry over the past decade, I have seen how Big Data is taking over. Well, it’s finally coming to Commercial Real Estate. How much? Below is a graphic from CB Insights showing the companies and areas they are working on for creating smart cities. Here are some thoughts from … Continue reading The Big-Data Deluge
The last time metro Phoenix office vacancy was 16.1% was in 2007. It took us 12 years to get back to the same vacancy. It was a long, tough road back, but we are finally there. However, this time around, there are some big differences comparing 2007 and 2019: 1-Average rents (not Class A rents which … Continue reading Phoenix Historical Office Statistics
