Commercial Real Estate Insights Podcast
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Office Conversions, Retail Surges, and Industrial Growth in Killeen
In this episode, Steve Hamoen explores the ongoing transformations within office spaces, focusing on the trend of office-to-residential conversions and the implications for multifamily properties. He delves into the recent surge in retail leasing, with a particular emphasis on sector insights from India. The discussion also covers retail and construction developments in Denver, highlighting key projects. Steve examines the historic sale of Holmby Hall and other notable property transactions in Los Angeles. Additionally, the episode provides an overview of industrial real estate developments in Killeen, Texas. Steve wraps up with closing remarks and expresses gratitude to the listeners.
Key Points
- The One Light Street tower in downtown Baltimore has undergone a significant transformation from office spaces to luxury apartments, a parking garage, and retail spaces, with M&T Bank as the only remaining office tenant.
- Retail space leasing in eight major Indian cities surged by forty-five percent from July to September, driven by better retailer demand and new supply, reflecting renewed confidence in India's consumption story.
- A new seven-acre retail development near Denver International Airport is set to commence construction in early 2026, aiming to attract a variety of retail tenants and enhance the shopping and service offerings for travelers and local residents.
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Transcript
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