Small-bay vs. big-box: the divergence is real.
Sub-30k sf flex is leasing at premium rents while bulk distribution sits. The capex implications matter.
Read the full piece →Insights
Sharp, short, occasional. Capital markets commentary, Phoenix-specific market views, and asset-class deep dives.
Sub-30k sf flex is leasing at premium rents while bulk distribution sits. The capex implications matter.
Read the full piece →Why the spread between grocery-anchored cap rates and 10-year treasuries still pencils for patient capital.
Read →Mixed-use deals are usually comped against single-product peers. Here's how to build a defensible component-level BOV.
Read →What flag, what footprint, and what FF&E reserves actually pencil when construction costs stay sticky at $300/sf.
Read →Class B vintage product is trading at land basis in pockets of Surprise, El Mirage, and west Glendale. We map the submarkets where the rent comps still don't work, and where they do.
Read →How developers are pricing entitlement risk in the East and West Valley as utility timelines extend.
Read →Spreads have compressed and rate-cap costs are real. A practical checklist before you commit to a 24-month bridge.
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