Commercial Real Estate Insights Podcast
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Retail-to-Office Conversions, Miami Market Trends, and Adaptive Reuse in Real Estate
In this episode, Steve Hamoen explores transforming dead malls into vibrant office spaces. Through case studies, he highlights the benefits and market shifts of retail-to-office conversions. A CBRE report offers insights into office space trends and investor perspectives. The discussion covers Miami's office market and its national influence, Arcapita's real estate strategy, and the impact of converting hotels into multifamily units. The episode concludes with thoughts on the importance of flexibility and innovation in commercial real estate.
Key Points
- Retail-to-office conversions are gaining traction as a solution to retail vacancies and the demand for creative workspaces, leveraging the adaptable nature of aging retail structures.
- High-profile office developments in Miami, driven by significant investments from billionaires, are setting new standards for modern amenities and sustainable design, boosting the region's appeal as a business hub.
- Adaptive reuse projects, such as converting hotels into multifamily residential properties, highlight the commercial real estate sector's flexibility in meeting changing market demands and addressing economic and environmental challenges.
Chapters
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Transcript
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