Forward: Navigating Industrial Real Estate Market Dynamics
Robinson Weeks Partners’ David Welch and CBRE’s Chris Riley discuss market opportunities and challenges in the industrial real estate sector. Chris will be leaving CBRE to join Robinson Weeks in a senior position effective June 1.Share these insights on industrial & logistics real estate: 1. E-commerce helped the industrial sector grow, but a spate of development has created challenges.2. Large-scale redevelopment projects, such as transforming former military bases, can yield substantial returns but require flexible planning, environmental cleanup and, often, partnership with the public sector.3. Modern industrial buildings are designed with increased clear heights and advanced lighting to meet present and future occupier needs.4. Highway and transportation access, utilities availability and environmental regulations are some of the critical factors in industrial site selection.5. Staying informed about local regulations, zoning restrictions and community sentiments is vital for securing project entitlements.
--------
39:46
The Economic and Real Estate Outlook with CBRE’s Dr. Henry Chin (BONUS EPISODE)
In this bonus episode, CBRE's new Global Head of Research, Dr. Henry Chin, discusses the current outlook for commercial real estate for both occupiers and investors. Key Takeaways on the Economic and Real Estate Outlook · Market Sentiment: Real estate fundamentals don’t change overnight. Leasing activity is proceeding across asset classes though some occupiers are delaying decisions until they have more clarity on potential policy changes and their economic impact. · Economic Indicators: Monitoring not only job growth and inflation but also softer indicators like travel bookings and restaurant reservations provides a feel of the real economy. · Nimble Capital: High-net-worth individuals can move quickly to pounce on attractively priced opportunities.
--------
12:12
Green Into Gold: The New Era of Sustainable Investing
Galvanize Climate Solutions’ Joe Sumberg and CBRE Chief Sustainability Officer Rob Bernard share insights on achieving high returns through sustainable investment strategies. · Profitable Sustainability: Commercial real estate investment strategies that integrate today’s sustainability and decarbonization technologies can enhance returns.· Economic Opportunities: There is high occupier demand for green buildings, presenting investment opportunities.· Technological Integration is the key: Using energy-efficiency systems and AI can enhance the operating performance and value of real estate assets.· Strategic Market Focus: Regulatory frameworks and government incentives can increase the appeal of sustainable investment strategies in certain markets.
--------
39:39
Who's Next: Leading family-run firms through change, succession
Each new generation brings opportunities and challenges to the workplace. Recorded live at ICSC Detroit, leaders from two Michigan-based real estate families, the Schostaks and the Friedmans, discuss the hard but necessary conversations and choices required to maintain a multi-generational enterprise.Share these insights on succession planning in family-owned businesses: · Succession Planning: Establish clear governance and involve family members in decision-making to ensure smooth leadership transitions.· Leadership Transition: Transferring leadership to the next generation requires structured processes and clear roles.· Family and Business Balance: Balance family dynamics with business operations, making necessary sacrifices for success.· Adaptability: Evolve business models and diversify services to stay competitive.· Economic Resilience: Maintain liquidity and seize opportunities during economic downturns.
--------
30:55
Talk : Storytelling Strategies for Business Success
Stories are what make information memorable and communications more impactful. Author and business consultant Esther Choy discusses business storytelling, emphasizing how engaging narratives can be more persuasive and increase connections with audiences.Share these insights on how to use storytelling to improve the impact of communications 1. Remember the “IRS” model: The Intriguing Beginning, Riveting Middle, and Satisfying End framework helps professionals craft compelling narratives.2. Make emotional connections: Effective storytelling connects with audiences on an emotional level, enhancing understanding of information that influences decision-making.3. Be memorable: Storytelling makes your messages more memorable and meaningful.4. Express empathy and curiosity: A good business story, like any story, feels human and personal, while delivering an insight.
What matters most right now in Commercial Real Estate. Business leaders join economic, industry and subject matter experts to share their distinct views and latest thinking. The Weekly Take is hosted by Spencer Levy, CBRE’s Senior Economic Advisor and Global Client Strategist. More at cbre.com/TheWeeklyTake