Commercial Real Estate Insights Podcast
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Gasworx Progress, Ybor City vs. Kitchener, and 2024 CRE Lending Trends
In this episode, Steve Hamoen begins with an introduction before providing an overview of the Gasworx and La Union Apartments, detailing their progress. He then compares the real estate landscapes of Ybor City and Kitchener-Waterloo, highlighting key differences and similarities. The episode continues with a look at Colliers' expansion in San Francisco's retail real estate sector and a discussion on Horvath & Tremblay's recent retail transaction in Providence. Steve also offers insights into the commercial property insurance market with expertise from Risk Strategies Co. Finally, he examines trends in commercial real estate lending anticipated for 2024, wrapping up with closing remarks and gratitude.
Key Points
- The Gasworx development in Ybor City, Tampa, will feature 5,000 new residences, 500,000 square feet of office space, and 140,000 square feet of retail space, aiming to create a pedestrian-friendly neighborhood.
- Colliers has expanded its retail real estate team in San Francisco with the addition of Laci Jackson Ravina, highlighting their commitment to revitalizing the downtown shopping district facing high vacancy rates.
- The commercial property insurance market is projected to remain soft throughout 2025, benefiting property owners with favorable insurance pricing despite ongoing industry pressures.
Chapters
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Transcript
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