
Newsletter: September 24
Discipline Over Hype: How We’re Closing Q3
A MESSAGE FROM THE CEO
As we close out Q3, one thing is becoming clear: the market is rewarding discipline, not speculation.
While headlines continue to bounce between interest rate forecasts and political uncertainty, real assets, especially in healthcare and professional office, are delivering what most investors truly want: stable cash flow, tax efficiency, and control.
At Streamline, we’re leaning into what works. We’re acquiring well-located, multi-tenant assets in Phoenix where demand is strong, supply is tight, and essential-use tenants create durable income.
Our focus hasn’t changed; it’s sharpened. Every deal we pursue is underwritten with conservative leverage, smart upside, and long-term resilience. And with bonus depreciation fully back, the tax benefits of investing in real estate are more powerful than ever.
If you’re planning ahead for year-end allocations or looking to re-balance away from volatility, now is the time to act with clarity.
Schedule a call to learn more about our strategy here.
— David J. Hrizak, Chief Executive Officer, The Streamline Companies
PHOENIX OFFICE: STILL TIGHT, STILL ATTRACTIVE
Phoenix Office Vacancy Remains Low, Despite Challenges
Despite national headwinds, Phoenix’s office vacancy remains among the lowest in the country.
- Phoenix maintains a 17.1% vacancy rate, outperforming cities like Austin (28%) or the national average (19.4%)
- Job growth in healthcare, business services, and education continues to support leasing activity
- New office construction is limited, creating a supply-constrained environment perfect for repositioning
This validates our continued strategy: target assets in growth corridors where tenant demand is still outpacing availability.

MARKET PULSE: MEDICAL VS TRADITIONAL OFFICE
Here’s Why Medical Office Buildings Are Still Outperforming Traditional Offices
Despite office headlines suggesting uncertainty, medical office continues to outperform, and it’s not a fluke.
✔️ Sticky tenants
✔️ Essential, in-person demand
✔️ Constrained supply and limited new development
In contrast to traditional office, healthcare tenants don’t go remote, and that consistency is exactly why we continue to target value-add medical office in Phoenix.

PODCAST SPOTLIGHT: THE GOULD MINE
In this episode of The Gould Mine, David Hrizak shares the journey behind Streamline Capital Group and how his philosophy has evolved across nearly 30 years of real estate, construction, and investment experience.
David breaks down:
- The difference between short-term hustle and long-term legacy
- How Streamline built a vertically integrated model that protects investors
- Why medical office remains his highest-conviction asset class in today’s market
Whether you’re a seasoned entrepreneur or a first-time investor, this conversation is packed with clarity, real-world strategy, and purpose-driven insight.
