SoHo Retail Competition, Multifamily Trends, and Australia's CRE Outlook
In this episode, Steve Hamoen kicks off with an introduction focusing on the competition for retail space in SoHo and Ontario, setting the tone for an exploration of cross-border market trends and the downtown rental market. He delves into multifamily and industrial real estate trends in Ontario and Chicago, then examines the dynamics within the office and retail segments across North America. The discussion extends to industrial real estate trends in Canada and the US, followed by an overview of Australia's commercial real estate market. Steve also covers data centers and investor outlook in Australia, highlighting the cross-border relevance of these trends. The episode concludes with Steve's sign-off, summarizing the key insights shared.
Key Points
- The scarcity of available retail space in SoHo is pushing developers to be more selective about their tenants, aiming to maintain the neighborhood's prestigious reputation.
- The limited supply of available rental units is driving up rental prices, making it a challenging market for renters seeking affordable options.
- The demand for industrial real estate near major logistical hubs, driven by the growth of e-commerce, is making such locations a valuable asset for developers looking to expand their industrial portfolios.
Chapters
| 0:00 | |
| 1:33 | |
| 2:54 | |
| 4:10 | |
| 5:23 | |
| 6:30 | |
| 8:16 | |
| 9:23 | |
| 10:01 |
Transcript
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