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Posts Categorized: Commercial Corner

Office Space: Road to Recovery

Commercial Corner

By Dennis Desmond   The year 2014 marked one of the first years since the recession in which the term “recovery” was spoken with confidence, and looming doubt hanging over the nation had finally begun to fade away. What seemed like years of a U.S. economy simply spinning its wheels gave way to a new… Read more

2015 Air Conditioning Laws

Commercial Corner

By Michael Farrar   As of January 1, 2015, the use of HCFCs (R-22) is considered illegal in refrigeration, heat pump and air conditioning systems for commercial properties in Arizona. This greatly impacts the Arizona commercial industry, since R-22 has been the refrigerant for 90% of the commercial air conditioning systems for decades. The effect… Read more

Medical Real Estate: Outlook 2015 – The Impact of the Affordable Care Act

Commercial Corner

By Aaron Kuhl   At the time of the historic passage of the Affordable Care Act (“ACA” or Obamacare) in 2010, there was a great amount of discussion among healthcare stakeholders regarding its impact on the delivery of healthcare for the nation. Another area of focus was the consequential effects the ACA may have on… Read more

Industrial Sector Update

Commercial Corner

By Bryon R. Carney   The nation’s industrial sector has seen restored confidence in 2014 partially due to a continued increase in employment, the housing market and a rise in industrial production. The metro Phoenix industrial market has benefited from this increase in confidence, earning the nation’s top spot for overall net absorption through the… Read more

NW Valley Commercial Market

Commercial Corner

By Michelle Rider   Although we have yet to return to pre-recession activity levels, cities in Phoenix metro are issuing an increasing number of building permits which is a step in the right direction for our commercial economic growth. One of the most exciting developments in the west valley is the Loop 303. On Saturday,… Read more

Commercial Health in Phoenix Metro

Commercial Corner

  By Michael  Farrar   The Greater Phoenix office market is on an upswing with vacancies trending lower, rents inching higher and businesses adding more staff.  The market continues to face some challenges; chief among them are vacancy rates that remain among the highest compared to other major metropolitan areas in the country. However, overall… Read more

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