I tended to see this originally as a coastal city problem, but now I'm starting to see signs of weakness in some of the markets that were considered to be the next big thing. You really have to pick your spots. Like you mentioned, Charlotte, which is a banking financial hub, right? And those types of tenants have been more amenable to flexible work off work relationships with their employees. So here we are. We're railing against office and we're talking about, you know, that kind of situation. But it's, there's a lot of, also a lot of positive things happening with real estate."
For the past century, cities have centered around work. What happens when that’s no longer the case?
Deidre Woollard and Matt Argersinger discuss:
- What downtowns might look like when they become more than just “containers for work”
- How different REITs are approaching the new commercial real estate landscape
- The promise and problems of “15-minute cities”
Companies and REITs mentioned: CRM, ARE, WE, PEAK, DEA Host: Deidre Woollard Guest: Matt Argersinger Producers: Ricky Mulvey, Mary Long Engineer: Tim Sparks
Learn more about your ad choices. Visit megaphone.fm/adchoices