Real estate is a common thread in the story of business during, through and after the COVID-19 pandemic’s disruption. How are the various segments of our economy faring? A look at the real estate markets throughout Greater Phoenix gives a general snapshot to answer that.
As a small, family-owned commercial real estate business, we understand the challenges that business owners are facing due to the impacts of COVID-19, not only on business but also on the lives of our families and community.
We are experiencing extreme challenges in the small-business community and it is important that we assist business owners any way we can. One area we’ve identified that we can help with is assisting with guiding the conversations with landlords that will be necessary for those with brick-and-mortar space. We began these discussions in March 2020. By providing clear direction and documentation designed to allow business owners to demonstrate not only their awareness of the need to alter business plans but also their transparency in dealings with landlords, we were able to assist many of our clients and the business community at large to prepare for some difficult but necessary discussions. We continued these efforts monthly and continue to conquer new challenges.
For this month’s cover story, In Business Magazine reached out to several of our leading commercial real estate brokerages for insights from the experts on how businesses in various economic sectors have been impacted by the pandemic, and how landlords and investors for those businesses also are impacted. These veteran real estate professionals also discuss trends that are happening in business operations from the standpoint of real estate needs and usage.
Business operations and employee healthcare have become tied together like never before, with today’s overriding anxiety about COVID-19. This month’s feature article zeroes in particularly on testing as a workplace issue and procedures for working with employees.
Roundtable this month explores another heady topic, as two black women business owners share their experience in overcoming challenges to establish their businesses as well as some of the new challenges in the wake of COVID-19.
Diversity is the topic examined in this month’s By the Numbers. And among the many articles on a wide range of other topics from technology to sales are “Planning an Exit in Volatile Times” on succession planning and “New C-Suite: Why Companies Should Have a CHRO” on corporate leadership.
In Business Magazine aims to be a partner and resource to help strengthen our business community. I’m pleased to help bring you this July edition, and hope you enjoy the read.
Co-owner and Designated Broker
Bryant Commercial Real Estate
[Adrienne Bryant shared more thoughts in a letter to In Business Magazine publisher Rick McCartney, which can be read HERE.]
As designated broker of Bryant Commercial Real Estate, which she co-owns with daughter, Jonvieve, Adrienne Bryant is responsible for defining the company’s strategic vision. Her sector diversification knowledge of 19 years across the real estate and construction industries enables her to provide strategic advice on acquisition processes from sourcing and identification to negotiation, due diligence and asset management.
With her dynamic workforce and expertise, Adrienne has cultivated and substantially increased BCRE’s portfolio in the last six years. And, while she put emphasis on strategic planning, leadership, quality control, client relations and market analysis, Bryant also possesses a commitment to her company’s greatest assets, her team and employees.