BOMA of Greater Phoenix Shares Industry Insights at APS 2025 Fall Trade Ally Event

FOR IMMEDIATE RELEASE

BOMA of Greater Phoenix Shares Industry Insights at APS 2025 Fall Trade Ally Event

Phoenix, AZ – September 17, 2025 – The Building Owners and Managers Association (BOMA) of Greater Phoenix joined energy and real estate leaders from across the country at the APS 2025 Fall Trade Ally Event, held in Glendale, AZ. The annual gathering brings together professionals in energy efficiency, facility management, and commercial real estate to explore emerging market trends and strengthen trade ally partnerships.

Representing BOMA Greater Phoenix, Ernie Jackson, RPA, FMA, Director of Property & Facility Management Services at Plaza Companies, and Alexis Matt, Vice President of Management Services at Newmark, presented on the state of the Arizona commercial real estate market and strategies for engaging with property managers and building owners.

Their presentation highlighted key 2025 commercial real estate trends:

• Industrial: An oversupply of warehouses and distribution centers has created large vacancies, while tariffs have slowed confidence in new leasing.

• Office: Aging, low-occupancy buildings are sparking a push for conversions to multifamily or industrial uses, with tenants competing for higher-quality Class A space.

• Retail: With minimal new development, demand for existing strip centers and mixed-use spaces remains high, even as more big-box retailers face bankruptcy.

• Life Science/Medical: Arizona continues to see strong growth in medical office, lab, and patient-facing facilities, especially near hospitals and development hubs.

The presentation also spotlighted transformative developments shaping the region, including Mesa’s multi-billion-dollar Legacy Park project and Phoenix’s $7 billion Halo Vista “City Within a City” near the TSMC semiconductor complex. These projects reflect the scale of investment fueling Arizona’s rapid growth.

“Phoenix is now the fifth-largest city in the U.S., and both Phoenix and Tucson rank among the top ten metro areas nationwide for job growth,” said Jackson. “That kind of momentum presents tremendous opportunities for property owners, managers, and investors.”

In addition to market insights, the session offered practical guidance on how vendors and trade allies can build stronger partnerships with property managers. Strategies included joining trade associations like BOMA, volunteering for committees, offering expertise and solutions, and consistently adding value through tools such as inspections, capital planning support, and energy audits.

“Commercial real estate is a relationship-driven industry,” said Matt. “Success comes from showing up, engaging meaningfully, and being a trusted resource for your clients and colleagues.”

BOMA of Greater Phoenix is proud to share its perspective on Arizona’s dynamic market and looks forward to continued collaboration with trade allies committed to innovation, sustainability, and value-driven partnerships.