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Renee Ervanian, PC

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PHOENIX OFFICE MARKET JUST POSTED 3RD STRAIGHT QUARTER OF POSITIVE ABSORPTION
AS RENTS RISE, NEGOTIATION PRIORITIES SHIFT. Landlords still value stability above all. A long-term tenant is far more attractive than vacancy, downtime, and the cost of re-leasing a space. Longer-term leases continue to unlock meaningful upfront concessions, including substantial free rent and robust tenant-improvement packages that deliver fully upgraded buildouts. The critical safeguard for tenants is to limit rent escalations throughout the lease term. When escalations a

Renee Ervanian
6 days ago1 min read


WHY MORE TENANTS ARE BECOMING BUILDING OWNERS IN Q3 2026 AND WHAT IT MEANS FOR YOUR LEASE STRATEGY
Tenant behavior is shifting in the third quarter of 2026, with businesses opting to purchase their buildings instead of renewing leases. The trend is accelerating across office, industrial, medical, and retail sectors - and it's being driven by one thing above all else: the math finally pencils out again. Recent 2026 financing data shows that commercial real estate loan rates have dropped enough to restart owner-occupied purchasing activity that has been frozen since 2023 -

Renee Ervanian
Aug 141 min read


MANY CLASS A BUILDINGS HAVE RAISED TENANT INSURANCE REQUIREMENTS
The Hidden Problem Is That Many Tenants May Not Catch the Insurance Clause Increases Until It's Too Late.

Renee Ervanian
May 202 min read


PHOENIX OFFICE MARKET SHOWS STRENGTH, INVENTORY DECLINES AS OLDER BUILDINGS ARE REPURPOSED
Nearly 1M SF of obsolete, older office buildings were removed from the market because they were torn down.

Renee Ervanian
May 192 min read


QUIET CONCESSIONS PHOENIX LANDLORDS DON'T ADVERTISE: HOW TENANTS CAN CAPTURE THESE.
Phoenix landlords offer concessions they never put in marketing packages, list on databases, or discuss in early conversations

Renee Ervanian
May 172 min read


WHY PERSONAL GUARANTEES DO NOT HAVE TO DESTROY YOUR LEASE DEAL
When small businesses expand or take on a high-cost tenant improvement buildout, landlords often respond with a familiar request: "We'll need a personal guarantee." For many tenants, that's the moment the deal ends. Not because the space is wrong or economics don't work, but they think a personal guarantee is risky or unfair. Personal guarantees are negotiable - just like every other clause in a commercial lease. And in Arizona, where community property laws may complicate

Renee Ervanian
May 162 min read


DEVELOPING A BUILDING TOUR LIST: SQUARE FOOTAGE IS JUST THE BEGINNING
The Building Tour Guide

Renee Ervanian
May 152 min read


THE RELOCATION CLAUSE: The Most Misunderstood Risk in Leases.
The Relocation Clause causes unnecessary disruption and cost when triggered.

Renee Ervanian
May 142 min read


IS A FULL SERVICE LEASE REALLY "FULL SERVICE" WHEN THE BREAKROOM FLOODS?
How to compare office lease options in Phoenix Metro.

Renee Ervanian
May 132 min read


THE HIDDEN POWER OF EARLY ACCESS: THE MOST UNDERRATED CONCESSION IN PHOENIX COMMERCIAL RELOCATIONS.
Early access is one of the most valuable and overlooked concessions in Phoenix commercial relocations.

Renee Ervanian
May 121 min read


Why Phoenix Tenants May Not Know Their Square Footage Needs.
Phoenix tenants may focus on headcount when workflow is driving the required square footage.

Renee Ervanian
May 111 min read


PHOENIX RANKS #12 NATIONALLY FOR COWORKING GROWTH.
Flexible space and part-time, in-office work schedules continue to reshape tenant floor plans.

Renee Ervanian
May 101 min read


THE 7 SILENT LEASE CLAUSES PHOENIX TENANTS FORGET TO CHECK, ADDING DOLLARS AND INCONVENIENCE.
The 7 silent lease clauses that Phoenix tenants forget to check, adding cost and inconvenience throughout the term.

Renee Ervanian
May 91 min read


WHAT PHOENIX TENANTS GET WRONG ABOUT "MARKET KNOWLEDGE"
Tenant-rep insight: market shifts influence tenant strategy and renewal positioning.

Renee Ervanian
May 81 min read


THE 'LEASE TIMING TRAP": WHY PHOENIX TENANTS LOSE LEVERAGE BY WAITING TOO LONG
Phoenix tenant-representation: One focused takeaway that strengthens tenant leverage and improves negotiation outcomes.

Renee Ervanian
May 71 min read


THREE LEASE CLAUSES PHOENIX TENANTS REGRET NOT NEGOTIATING EARLIER.
A snapshot of today's Phoenix tenant rep insight.

Renee Ervanian
May 61 min read


44TH STREET, AIRPORT, PIESTEWA PEAK, AND MIDTOWN SUBMARKETS: THE HIDDEN LEVERAGE ZONES TENANTS SHOULD USE.
My previous blog broke down the Camelback Corridor - where prestige drives pricing. Leverage is gained the moment tenants step outside the Camelback Corridor to the surrounding submarkets. The Airport, Midtown, Piestewa Peak, and 44th Street submarkets have higher vacancy and turnover. Landlords may negotiate differently because time on the market can be their biggest enemy. Occupancy tends to be prioritized over rental rate. Many buildings in the surrounding submarkets ten

Renee Ervanian
May 51 min read


HOW TO NEGOTIATE TENANT IMPROVEMENT PACKAGES IN PHOENIX METRO SUBMARKETS 2026:
Core Commercial LLC offers zero conflicts of interest, local submarket mastery, and founder-level negotiation.

Renee Ervanian
Apr 131 min read




Commercial Leasing, Sales, and Investments in Phoenix Metro.
Core Commercial, LLC launches. https://www.corecommercialllc.com. Makes a bold entrance in the Camelback Corridor: A New Boutique Brokerage in Phoenix Led by Renee Ervanian, Blending Agility with Institutional Discipline for High-Stakes Negotiation Success.

Renee Ervanian
Mar 121 min read
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