The photo below is from a recent article in In Business Magazine, which highlights the increasing demand for upgraded commercial spaces. Tenants may assume that relocating to a newer building and enhancing their business brand is financially out of reach. However, that's not always the case. If tenant financials are favorable, landlords may offer significant upfront free rent and concessions as an incentive. Additionally, your current suite may have inefficient use of space, such as an oversized IT room that could be redesigned into a compact cabinet. A well-designed, open floor plan with smaller offices rather than long hallways and oversized offices could create a more efficient layout. High ceilings, larger common areas, and expanded window lines can make a smaller suite feel more spacious and efficient. AZ’s Top 10 Commercial Real Estate Projects in 2025 Bing Videos modern.AZ ’s Top 10 Commercial Real Estate Projects in 2025 What's Driving Arizona’s Commercial Real Estate Market? - Arizona Commercial Real Estate | ICRE

Securing office space, whether renewing a lease or obtaining a new location, is a time-consuming, detailed process that can significantly impact the monthly budget. Working with a tenant rep broker is a game-changing experience. Tenant rep brokers provide market knowledge, negotiation skills, and transaction expertise that match the landlord's capabilities. This ensures the tenant is on equal footing and finalizes the best deal possible. Protecting the tenants interest by structuring the most favorable deal possible is the goal of the tenant rep broker. What's Driving Arizona’s Commercial Real Estate Market? - Arizona Commercial Real Estate | ICRE https://www.orionprop.com/topfive/inside-the-revamped-52m-camelback-office-that-offers-a-celebrity-chef-speakeasy-and-dog-park/ https://inbusinessphx.com/hr-management/the-roi-of-employee-engagement https://inbusinessphx.com/commercial-real-estate/the-ultimate-office

COMMERCIAL REAL ESTATE AND DEVELOPMENT | COVER STORY | MAY 2025 This article discusses how the traditional office is becoming obsolete. The best workplaces, most appealing to employees and clients, flow like neighborhoods. Modern floor plans include spaces that offer deep focus and thought, collaboration in a group setting, and social interaction. The modern office helps the work place feel alive instead of being locked into a dull, and dated, work model. Modern work concepts can easily be accomplished with: Renewal | Rennovation | Relocation. THE TOP 50 CONSTRUCTION PROJECTS IN ARIZONA ARE ITEMIZED IN THIS LINK https://azbigmedia.com/real-estate/50-commercial-real-estate-projects-to-know-for-2025/ What's Driving Arizona’s Commercial Real Estate Market? - Arizona Commercial Real Estate | ICRE

COST SAVING NEGOTIATIONS In the Phoenix, Arizona, commercial real estate market, several key trends are emerging for 2025. The trends include a focus on sustainability, the rise of mixed-use development, and a strong industrial sector driven by e-commerce and logistics. Additionally, the multifamily sector is experiencing growth due to leasing vs. buy because of high mortgage rates and home prices. Most important is the growing trend and emphasis on creating appealing and functional workplaces for employees. Modern floor plans play a vital role in creating an efficient, high-performing office environment IMAGINE YOUR PERFECT OFFICE SUITE: 602 330 7482 COMPLIMENTARY BEST OPTIONS REPORT: 602 330 7482 April 2025 Market Outlook | National Bank of Arizona 2025 Commercial Lease Expiration Wave: Key Risks & Opportunities for Landlords and Lenders — LAREDIAZ

Businesses are reimagining office designs to seamlessly accommodate the hybrid work models that blend in-person and remote work. Flexible spaces, including multi-functional areas and compact meeting rooms are gaining traction as they cater to diverse work preferences and environments. Eco-friendliness is becoming a central focus in office design. Research shows that incorporating natural light and greenery enhances moods, well-being, fosters creativity and boosts productivity. Additionally, Smart Technology Integration is essential to create intelligent, and responsive environments. RENEW / RELOCATE / RENOVATE BIOPHILIC TRENDS: CONNECTING EMPLOYEES AND CLIENTS WITH NATURAL ELEMENTS OF LIGHT AND PLANTS FOR A SENSE OF WELL-BEING FOSTERING HIGHER LEVELS OF CREATIVITY AND PRODUCTIVITY. Commercial Real Estate Trends To Watch For In 2025 Mid-Century Modern Flexibility at Edelman's LA office - Work Design Magazine Top office design trends shaping workplaces in 2025 - Construction Week Online

NEGOTIATING THE PERFECT SPACE AND THE BEST LEASE TERMS Tenant representation brokers support the tenant aspect of commercial real estate deals, helping companies and organizations throughout the entire leasing journey. Securing the ideal real estate solution for your company becomes streamlined and stress-free when an experienced tenant representation broker is engaged to assist. A tenant rep broker is 100 percent aligned with the best interest of your business, and experienced with cost saving negotiation. The Role of Technology in Modern Lease Administration FOUR DAY WORK WEEK TREND - Search The Hybrid Workplace and the Future of Work

The way we use our office space is constantly changing. Dated office floorplans can cost a company significant amounts of money. Changes in societal skills, the need for employee collaboration, rapid advances in technology and evolving workhabits translates into a DAY OF RECKONING with many decision makers. When an office is no longer functioning at top notch performance, floorplan changes, office relocation and rebranding become inevitable. The best relocation options for your office are available for review in a Complimentary Vacancy Report. Renee Ervanian / 602.330.7482 rervanian.heipletravers@cox.net 5 AI Workforce Trends for 2025 | Broader CRE Investment Recovery Expected in 2025 - CRE Daily Visier - 5 Workforce Trends 2025

FOUR DAY WORK WEEK TREND - Search

TENANT REP BROKERS : A tenant rep broker can be invaluable during a relocation because they act solely in your best interest. Services include providing expert market knowledge, negotiating better lease terms, identifying the most suitable properties, and saving you time by managing the entire search process. A tenant rep broker is free of charge, and will ensure you get the best possible deal without conflicts of interest with landlords. THE ADJUSTABLE STAND SIT DESK GIVES EMPLOYEES FLEXIBILITY AND FOCUS.

LOCAL / EXPERT ADVICE : Seeking expert advice and feedback from a local and highly experienced tenant representation broker will make the relocation process streamlined and simple, creating cost savings. The wrong building, location or floor plan could be devastating to the employees and the success and growth of the business. IDENTIFY YOUR PREFERRED GEOGRAPHIC BOUNDARIES / TARGET MARKET : An experienced tenant rep broker can help a business Identify their preferred target market. Questions can be discussed such as: Where do your employees live? Where are your clients and customers? Is there ease of access and nearby amenities? Is there a local talent pool for hiring, growth and expansion? VACANCIES AND OPPORTUNITIES / SUMMARIZED IN A DETAILED MARKET REPORT : Heiple Travers, an experienced tenant rep broker, can detail the best relocation opportunities and rental rate competition. What amenities, floor plans and benefits are being offered at competing buildings? Many times, the lowest rental rate is not the best decision for company brand, profit and growth. Market knowledge will create confidence in finalizing a decision and streamlining the lease execution process.

Due to rapid acceleration of #technology: --Business interactions have dramatically changed. -New and #modernbuildings are dominating the market. -Older buildings are struggling with up to 90 percent of the current vacancy rates. ---#Offices are used to create, collaborate and innovate while paper files and mailrooms have become obsolete. -#Amenities may include onsite fitness and conference centers, communal meeting areas and a wide variety of food and beverage options. -Although a #modern building may be pricier per square foot, a functional floor plan addressing the #modernfloorplate can equate to #COSTSAVINGS.