Despite higher vacancies than pre-Covid-19 figures, negative net absorption and firms still determining how much office space they need, Phoenix saw a 2.8% year-over-year bump in direct asking rents in 2022. A fourth quarter market report from
, principal of Avison Young and director of brokerage services in Phoenix."That's obviously leading to a glut of office space that's either for sublease or eventually going back to the landlord. As you look further down the road, that could create some stress for some of these landlords as these leases burn off over the next couple of years."flight to quality for office
"Those are still leasing and leasing at record numbers," Seale said."That part of the market is good, but if you're not one of those landlords you're seeing a tougher sledding in 2023."
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Phoenix-area projects to watch in 2023: Semiconductors, resorts and water parks - Phoenix Business JournalWhile several large manufacturing projects are being developed across the Valley, the Phoenix metro is also expected to see growth with new resorts, entertainment, retail and office projects in 2023. Here are the 21 largest projects expected to take shape in the new year.
Fonte: phxbizjournal - 🏆 254. / 63 Consulte Mais informação »
Why the WM Phoenix Open is an economic force in Arizona - Phoenix Business JournalIn this guest column, the president of The Thunderbirds organization assesses the economic impact of the annual WM Phoenix Open golf tournament.
Fonte: phxbizjournal - 🏆 254. / 63 Consulte Mais informação »
Phoenix-area projects to watch in 2023: Semiconductors, resorts and water parks - Phoenix Business JournalWhile several large manufacturing projects are being developed across the Valley, the Phoenix metro is also expected to see growth with new resorts, entertainment, retail and office projects in 2023. Here are the 21 largest projects expected to take shape in the new year.
Fonte: phxbizjournal - 🏆 254. / 63 Consulte Mais informação »
Turnkey Phoenix home listed $5M - Phoenix Business JournalA $5 million home listed on the market is being sold complete with furnishings to flatware — just in time for a new owner to enjoy the Super Bowl and Waste Management Phoenix Open. Here's a peek into the home.
Fonte: phxbizjournal - 🏆 254. / 63 Consulte Mais informação »
Russian car sales down 58.8% in 2022 as sanctions hit auto industry hardCar sales in Russia collapsed by 58.8% in 2022, the Association of European Businesses (AEB) said on Thursday. Who doesn’t give a F*€? This guy So sad. At least they didn't have missile through their bedrom!!
Fonte: FoxBusiness - 🏆 458. / 53 Consulte Mais informação »