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New West Consulting’s coverage of the office market
is strategically restricted to those office projects with three
or fewer stories and/or smaller than 70,000 SF in size.
More specifically, our firm’s market niche for office
properties emphases the valuation of suburban and ruralsited
buildings.
This selective coverage of the office sector allows us to
better allocate our firm’s resources and provide our clients
with superior valuation services. It also simplifies the task
of maintaining our in-house knowledge-base of market cycle-related influences across Arizona’s different
geographies; from metropolitan market areas to the
smaller cities and rural communities. Additionally, we track
the economic structures, as well as local demand-supply
dynamics for each market zone.
While cyclical changes in the office market may result in
challenges for some, they also create excellent purchase or
real estate investment opportunities for others. We offer
individual and small-group investors an independent
“second-opinion” when considering the purchase or sale of
an office property.
Office property sub-types that we cover include:
- Build-to-suit
- Condominium
- Industrial / commerce office
- Low-rise
- Medical
- Multi-tenant
- Single-tenant
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