Brokerage

Revelation Real Estate to supersize office digs, an $8M project

The co-owners explain why they are going against the trend by building state-of-the-art offices, and how they plan to use them
  • Independent Arizona brokerage Revelation Real Estate is opening a 20,000 square foot office and lifestyle premises, indicating the industry is still a big tent for different models at extreme ends of the spectrum.

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Revelation Real Estate would like to cast its vote for the bricks-and-mortar real estate office, and make it a supersize, please and thank you. In May this year, the 550 agents with the independent Arizona brokerage and its owners, Chuck and Angela Fazio, will move to a brand new 20,000 square foot premises, an $8 million project currently under construction. In Chandler, half an hour out of Phoenix in the East Valley, the space will include a state-of-the-art training center, bar and cafe, a Magnus Title company office and conference rooms. The building will also have 6,200 square feet of outdoor patio space. The office move, a 10-year lease commitment, is raising some eyebrows in the local market. The current trend for brokerages is to make their office smaller or even go virtual. Chuck said he doesn’t care if people think his brokerage is going against the trend to downsize. “The proof is in my numbers,” is his response. Agents will be able to sublease office sp...