Redevelopment, Market Trends, and Future Outlook in Commercial Real Estate
Commercial Real Estate Insights Podcast
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Steve Hamoen

Redevelopment, Market Trends, and Future Outlook in Commercial Real Estate

E16 • Jan 2, 2025 • 86 mins

In this episode, Steve Hamoen MMA explores the commercial real estate scene, starting with Milwaukee's Menomonee Valley redevelopment. He covers trends like the impact of data centers on construction and the Architecture Billings Index. Retail highlights include Marcus & Millichap's asset sale and JLL Capital Markets deals. Cap rates, industrial forecasts, and insights from Bob Knakal's BKREA are discussed. Developments in Boston and 2025 sector optimism are evaluated, along with cybersecurity, interest rates, and affordable housing insights from Marla Maloney at Cushman & Wakefield. Steve also examines new projects, Tampa Bay's built-to-rent trend, and Allentown's developments, concluding with a global outlook.

Key Points

  • Milwaukee's Menomonee Valley will see a historic industrial building transformed into residential apartments, balancing preservation with urban growth.
  • Data centers and technology construction led commercial real estate outlays in 2024, showing resilience against economic fluctuations.
  • The redevelopment of Boston's Suffolk Downs and expansion of the Boston Convention and Exhibition Center are key projects poised to transform the city's real estate landscape in 2025.

Speakers

Steven Hamoen

Host • 100%

Chapters

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Transcript

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