Commercial Real Estate Insights Podcast
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Vacancy Trends, Retail Growth in Kansas City, and Seattle Development Highlights
In this episode, Steve Hamoen begins with an introduction and a market overview, addressing the rising vacancies and stability in various sectors of commercial real estate. He then compares cross-border markets and discusses the challenges involved in repurposing spaces. The spotlight shifts to Kansas City's retail sector, where Steve examines the balance between growth and affordability. The conversation continues with a look at the success of the office market and the development opportunities presented by Seattle House. The episode wraps up with concluding thoughts and a future outlook on the commercial real estate landscape.
Key Points
- Commercial real estate markets are experiencing increased vacancies and downward pressure on rental rates, impacting investor confidence.
- The multifamily sector remains relatively stable with consistent demand, particularly in urban centers facing housing shortages.
- Kansas City's retail sector shows remarkable resilience, driven by neighborhood-serving retail and a balanced approach to growth and affordability.
Chapters
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Transcript
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