Commercial Real Estate in the Time of COVID-19

by RaeAnne Marsh

Real estate has always been a major part of our economy. And, as a lagging indicator whose thread weaves through businesses of every type, size and sector, it is also the perfect instrument with which to take the pulse of our economic health. Looking at how the pandemic is affecting the market, Jonathan Keyser of Keyser LLC says, “There’s a lot of impact that’s happening,” … [More]

Adrienne Bryant’s Letter to Rick

from Adrienne Bryant

Dear Rick: Throughout this entire Covid-19 situation, people have felt the need to share as much information as possible about resources provided by the CDC, municipalities and various medical providers. It seems thousands of resource pages were put together almost overnight. And don't get me wrong, that was a great thing. Whenever people are working together to share … [More]

Guest Editor Adrienne Bryant, Bryant Commercial Real Estate

from Adrienne Bryant

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 … [More]

Cost Transparency Can Increase Sales 20%

by Bhavya Mohan and Ryan Buell

Businesses don’t typically disclose information to consumers on how much it costs to produce a product. However, the study “Lifting the Veil: The Benefits of Cost Transparency” we recently conducted — along with our colleague Leslie John of Harvard Business School — provides evidence that doing so can increase consumers’ purchase interest by more than 20 percent. We also found … [More]

Jobs, Wages and Value

by RaeAnne Marsh

As business tries to gear back up from the COVID-19 shutdown, the health of the economy is a major concern. Businesses are concerned about their profitability, and employees are concerned about their wages.  Business.org, a company that researches and compares the top business products and services, conducted a study on pay rates across the country for the “essential … [More]

‘Walkie Talkie’ App Connects WFH Teams 

by Mike Hunter

Distance and digitization of communications can pose a challenge to the relationships upon which great work relies. Emails can be misinterpreted. Virtual meetings can feel stressful or strange. The blurring of private home life and public work life can impact employee well-being. Zello offers a way to empower every team member, allowing them to take ownership of their workload … [More]

Phoenix Facility a Leader in Testing Hand Sanitizers and Other Skincare Products

by Mike Hunter

The market for skincare products is growing rapidly. By 2025, the global market will be worth an estimated USD 189.3 billion. In the US alone, total sales of facial skincare products were estimated at USD 62.3 billion in 2018, with total revenue for all skincare products at around USD 17.78 billion. Consumers are clearly keen to buy skincare products. In the U.S. and many other … [More]

Online ‘Shop’ Finds Freelancers

by Mike Hunter

Giggrabbers’ “Freelance Deals” helps people and companies find freelance professionals in a simplistic way that some people may recognize: online shopping. The company aims to match freelance professionals with companies looking to bring on additional talent remotely or to outsource existing services at great rates. Similar to online shopping, Giggrabbers’ new feature lets … [More]

Mock Video Interviews Offer Feedback

by Mike Hunter

Employers have begun to rely more heavily on video interviews to find the perfect employee. HR professionals appreciate their practicality and efficiency, as well as opportunity to personalize the candidates beyond their two-dimensional resume. GradeMyVideoInterview.com offers a revolutionary new service for job seekers that allows them to create a mock video interview and have … [More]

Looking Good 2020 – July Standouts

by Mike Hunter

Achievements Southwest Behavioral & Health Services: Healthy Arizona Worksite Southwest Behavioral & Health Services, an innovative leader in behavioral health, was recognized last month by the Healthy Arizona Worksites Program — a public health initiative offered by the Arizona Department of Health Services and the Maricopa County Department of Public Health.— for … [More]

Spencer Tatum: Igniting a Fit in Fitness

by Kassidy McDonald

In the first grade, the future Ignite THP founder Spencer Tatum was diagnosed with dyslexia and dysgraphia. He decided at that early age he would not allow his disabilities and bullying from his peers to define him but rather turned to his advantage his ability to persevere and adapt to changes around him to grow his business. It was sports, in fact, that taught him how to … [More]

SmartGurlz Sparks Passion in Computer Sci

by Mike Hunter

Appearing on ABC’s “Shark Tank” earlier this year, SmartGurlz founder Sharmi Albrechtsen beat out 40,000 other entrepreneurs and negotiated with guest “shark” Richard Branson before closing a deal with Daymond John on her line of groundbreaking toys that use an award-winning robotics platform to teach basic coding skills to girls as young as six years old.  “Many girls’ toys … [More]

Driving Arizona’s Startup Community from Behind the Generosity Flywheel

by Brandon Clarke

Five years ago, StartupAZ Foundation was nothing more than a shared vision among a group of entrepreneurs and community leaders who believed our ecosystem could be so much more. We wanted to create something that would empower local entrepreneurs to grow, give back and positively impact the state — and simultaneously begin to shift Arizona’s economy away from the volatile real … [More]

Car-Free Lifestyle for Culdesac Tempe Tenants

by Mike Hunter

Planned to open in 2021, Culdesac is a $140-million project with 636 residential units, 24,000 square feet of retail and 35,000 square feet of amenities on 16 acres. Residents will not have private cars or parking spaces although the retail area will have ample parking with 150 spaces for retail visitors and resident guests. In typical developments, the parking lots often … [More]

Building Management Post-Pandemic

by Prabhu Ramachandran

The real estate sector’s efforts to mitigate the threat of the contagion by securing buildings have already put it at the forefront of the global response. However, the industry’s most important contribution will be in helping to create an operational framework, within which some semblance of normalcy can be restored. Technology Will Be a Critical Enabler Innovative … [More]

How Multifamily Urban Living Will Thrive Post-Pandemic 

by Michael D’Andrea

It is not lost upon us multifamily developers, owners and operators that fear, as it relates to a person’s living accommodations, is a very real concern in the age of COVID-19. In fact, we are already diligently working to further flesh out new building and design standards for urban communities, especially as it pertains to high-density vertical communities. Innovations … [More]

Q1 Office Market Strong

Colliers International

The Greater Phoenix office market posted a healthy first quarter, being the 32nd consecutive quarter with positive net absorption, according to the Q1 report from Colliers International, a leading real estate professional services and investment management company. More than 100,000 square feet of positive net absorption took place in the first three months of 2020 and the … [More]

Q1 Multifamily Shows Initial Effects of COVID-19

ABI Multifamily

The Q1 2020 Phoenix Multifamily Quarterly Report from ABI Multifamily shows that, while the start of 2020 was strong — with rent growth, healthy occupancy rates, lower cost of living and high renter demand all pointing to another extraordinary year — the future has yet to tell how the multifamily industry will be impacted by the COVID-19 global pandemic. With a development … [More]

Waterfall Villa Residences in Chandler

by Mike Hunter

Models are open at Chandler’s newest lock-and-leave condominium community, Waterfall Villa Residences, by Ironwood Development Group. The private, gated, resort-style community featuring open and modern single-level villas is attracting buyers from all demographic groups. Villa layouts are designed with the flexibility of two- and three-bedroom floorplans ranging from … [More]

Luxury Apartments Planned for North Phoenix

by Mike Hunter

Hines, the international real estate firm, along with a joint venture partner, recently acquired 11 acres in north Phoenix, where it plans to develop a 325-unit, luxury, for-rent residential property. Hines’ multifamily property, located at the northwest corner of Happy Valley Road and 35th Avenue, will consist of six, three-story buildings. An additional one-story building … [More]