Key Takeaways:
- Tyler believes that while office space may decline, it will not disappear completely and flexibility will be important going forward
- Flex space is a high-demand asset class with low supply due to redevelopment of existing flex properties
- Commercial real estate values have already declined by around 25% and more declines may come as sellers are forced to lower prices
- It's still a good time to buy commercial real estate if the numbers work, as properties will appreciate over the long run
- The market is becoming more of a buyers market, which provides opportunities but will require more work to find good deals
- Interest rates increasing have already slowed the commercial real estate transaction volume
https://www.tylercauble.com/podcast/episode174
The Commercial Real Estate Investor Podcast