Thinking Ahead: Avoiding Common Pitfalls When Choosing a Space

Interviewer: What’s one of the most common mistakes businesses make when choosing a new space?

Newmark Phoenix Realty Group: Choosing a space that’s too small. Companies often focus on current costs rather than where they’ll be five or seven years down the road. Before long, they’ve outgrown the space, and we’re scrambling to find short-term solutions. Planning for growth early on saves a lot of headaches later.

Interviewer: How do you guide clients to think long-term?

Newmark Phoenix Realty Group: It’s about asking the right questions—how fast they’re growing, what their future staffing looks like, and what flexibility they might need. Then we tailor the space and lease structure around that vision.

Interviewer: What do you enjoy most about helping clients through that process?

Newmark Phoenix Realty Group: Seeing their success over time. When a business expands and calls us back for their next space, it’s a sign that we did something right the first time.

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