Newsletter: November 5

It’s easy to get distracted by daily headlines. One day it’s “the market is back,” the next it’s “recession is around the corner.” At Streamline, we tune out the noise and focus on what we can control: buying real assets, improving them operationally, and delivering outcomes that compound over time.

And here’s what we’re seeing: capital is starting to move again. Phoenix continues to outperform as a destination for investment. The national office narrative is evolving. And bonus depreciation has created a powerful Q4 window for tax-aware investors to act with confidence.

While others are still waiting for permission, we’re already deep in execution. Our vertically integrated model, essential-use strategy, and off-market deal flow aren’t theoretical; they’re working.

This is the final stretch of the year. If you’ve been waiting for the right time to engage, it’s here..

Schedule a call to learn more about our strategy here.


According to AZ Big MediaPhoenix ranked in the Top 10 for office investment volume nationwide from 2020–2023, totaling $7.2 billion in sales over the period.

• Only markets like Dallas, Manhattan, and San Francisco saw more volume
• Over 1,300 office deals were completed in Greater Phoenix during this time
• Strong fundamentals, rapid population growth, and business-friendly policies continue to draw long-term capital

This isn’t just a moment, it’s a market that’s earning attention from private and institutional investors alike. We’re proud to be at the center of that movement, sourcing and managing assets built for durability.


Phoenix Office Market Shows Positive Shift in Net Absorption

In an industry filled with flash and fear, David’s approach remains steady: focus on what’s real, repeat what works, and filter out the noise.

In this episode of On The Brink, David sits down with host Matt Drinkhahn to discuss:
• How to build businesses that thrive through volatility
• Why “legacy” drives his investment thesis
• Lessons from navigating deals through down cycles
• The value of vertical integration and long-term alignment

If you’re looking for clarity in your own strategy, or just want to hear how an operator thinks at a higher level, this is the episode for you.


U.S. Office Market Rebounding Faster Than Expected

New research from CoStar and JLL shows the U.S. office market is performing better than predicted, with revised forecasts for positive absorption in 2026.

📈 Key takeaways:
• Vacancy dropped for the first time since 2019, now at 22.5%
• CoStar reversed its 2026 forecast from -4M SF to +10M SF in net absorption
• Rent growth expectations were revised upward to 1.5% by late 2027
• Foot traffic is back to 80% of pre-pandemic levels
• Demand for high-quality, in-person office space continues to rise

This isn’t a full recovery yet—but the floor has stabilized. The data supports what we already believe: professionally operated, necessity-driven office is here to stay, especially in Sun Belt markets.