Phillip Hernandez | Colliers International | Phoenix

Phillip Hernandez

Research Manager

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About

Professional Summary

As research manager for Colliers International in Arizona, I am responsible for proactively developing and implementing research objectives and directing all research activity for the Arizona offices.

I provide leading-edge, thought-provoking research and analysis of market data for use in producing quarterly statistical market reports for each property discipline, as well as other ad hoc reports, research projects and presentations. I analyze and interpret real estate trends and maintain a database of economic indicators to provide forecasts.

Regardless of the property type or sector, I believe each has a story to tell and that data provides the opportunity to redefine the narrative. With a background in location analytics, I am highly experienced in interpreting complex data sets. Using the latest technology, I developed a system to blend analytics with a visually attractive approach to bring data to life.

Focusing on business development, I leverage market intelligence and insights for thought leadership content strategy in support of client engagement. My goal is to strategically align research and business development efforts and present research in an easily digestible format that promotes Colliers’ market share and revenue growth.

Colleagues describe me as a brilliant storyteller and a passionate, creative and experienced professional.

Prior to joining Colliers, I served as a business analyst at CBRE, where I specialized in creating tailored research reports, as well as unique and interactive applications and dashboards that elevated the market position of assets.

I delivered weekly research updates with relevant lease and sale comps, custom competitive sets and current market activity. I provided complex market and trend analyses, monitored an extensive database of proprietary market data, and delivered custom quarterly and annual reports that were strategically positioned towards targeted clients. I also led weekly department research meetings to develop initiatives surrounding market trends, produce innovative industry solutions and analyze client-centric objectives.

Previously, I was a GIS analyst for the central region of CBRE. Working exclusively with top-performing markets, I created unique models that illustrated custom real estate datasets through location analytics. I produced high-quality geographic and demographic maps, and investigated multiple approaches to storytelling through map and market analytics.

Education

  • Bachelor of Science, Geography & Urban Studies, Arizona State University
  • Certificate in Geographic Information Studies (GIS)

Memberships & Involvements

  • Valley Partnership ADVOCATES Program

Services

Service Lines
Research
Property Type
Healthcare-Medical, Hotel, Industrial, Land, Office, Multifamily, Retail

My Team

Featured Research
Jan 11, 2021
2020 Q4 Greater Phoenix Office Market Report
Fourth quarter posted 143,434 SF of negative net absorption, marking the first quarter of negative net absorption following 34 consecutive quarters of positive net absorption. Direct vacancy increased to 13%. Investment sales soared to over $570 million late in 2020.
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Oct 23, 2020
2020 Q3 Greater Phoenix Medical Office Market Report
The Greater Phoenix medical office market added 106,000 SF in third quarter, with high vacancy of 47% within three projects, focused primarily in the Glendale and Deer Valley submarkets. Net absorption remained positive, ending at 87,913 SF. Vacancy settled at 13.7%.
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Oct 19, 2020
2020 Q3 Greater Phoenix Retail Market Report
The Greater Phoenix retail market ended the third quarter with 101,270 square feet of positive net absorption. Vacancy increased to 7.7 percent, elevating 10 bps over-the-quarter. Rental rates are struggling to maintain pre-pandemic levels, ending at $14.62 PSF.
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Featured News
Nov 9, 2020
Population growth in Phoenix expected to drive medical office market
The Greater Phoenix medical office market remained healthy during third quarter, despite an increase in sublease availability. During the past three months, the market posted positive net absorption and a slight increase in rental rates, as well as maintaining vacancy below 15%.
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Oct 22, 2020
Q3 Phoenix retail market posts positive net absorption
Colliers International reports the Greater Phoenix retail market posted positive net absorption in third quarter, despite the continued impact of the COVID-19 pandemic. Vacancy rose slightly during the quarter to 7.7 percent as the city was recognized for comparatively low unemployment and small business closures.
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Oct 15, 2020
Phoenix industrial market surges in Q3 2020
Colliers International reports the Greater Phoenix industrial market surged during the pandemic, driven largely by increased use of e-commerce and elevated grocery shopping. Completion of new industrial projects in 2020 has been the strongest year in more than a decade.
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Oct 14, 2020
Phoenix office market remains healthy during pandemic
The Greater Phoenix office market remained relatively healthy during 3rd quarter. While the city experienced a significant uptick in sublease availability, landlord-controlled space posted 109,718 square feet of positive net absorption during the past three months.
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