by Alyxandria Carter | Feb 5, 2024
Into the last quarter of 2023, the impact of pandemic-induced shifts in demand continues to cast uncertainty over the market. Despite being more than four years removed from the onset of COVID-19, tenants continue to reevaluate the efficiency and size of their office...
by Alyxandria Carter | Feb 1, 2024
SVN® Internation Corp. presents The Transforming Office, a report prepared by Director of Research, Cameron Williams. As downtown office vacancies continue to rise, the modern workplace undergoes a transformative shift, challenging the conventional use of office...
by Alyxandria Carter | Nov 6, 2023
Phoenix saw the addition of another -626,861 SF of net vacant office space to the market in 23Q3 as tepid demand and broad-based economic uncertainty continued to pressure the sector. Total empty space has climbed nearly 50% since the end of 2019, driving the...
by Alyxandria Carter | Aug 16, 2023
The Phoenix office market continues to navigate through an extended period of demand disruption, as evidenced by roughly -1 million SF in negative net absorption during 23Q2. The subdued construction pipeline has prevented a further supply and demand imbalance. About...
by Alyxandria Carter | May 25, 2023
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