How AI, Quantum Computing, And The "New Collar" Revolution Are Transforming Commercial Real Estate | Joe Brady

Nov 4, 2024

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Episode Highlights

In today’s episode, Matty A sits down with Joe Brady, a seasoned commercial real estate expert and author of Workshop, to discuss the transformative changes in the industry. From retail, office space, and community development to cutting-edge technology, Joe shares how evolving market dynamics, technology, and consumer behavior are reshaping the real estate landscape.

Key Topics Covered

Joe Brady’s Career Journey: Joe’s impressive path from managing a portfolio of Burger King assets to becoming a key player in Walgreens’ real estate and beyond.
The Shifting Landscape of Retail Real Estate: How changes in technology and consumer behavior, like the rise of e-commerce, have influenced retail spaces. Joe shares his thoughts on omni-channel models, grocery-anchored centers, and consumer experiential demand.
Office Space Transformation: Joe offers insights on the future of office spaces, emphasizing flexibility, purposeful presence, and the need for healthier environments to attract and retain talent.
The Impact of Technology on Real Estate: A look into how AI, data centers, and digital twins are changing portfolio management and asset tracking. Joe highlights the importance of agility and data insights in modern property management.
Community-Centered Development: Real-life examples of public-private partnerships in cities like Detroit, Tampa, and Jacksonville that are leading revitalization efforts and fostering live-work-play environments.
Future Disruptors in Commercial Real Estate: Joe shares his take on the upcoming disruption led by quantum computing and its potential impact on real estate, as well as choice architecture to nudge consumer behavior in a beneficial direction.

Notable Quotes

“Our customers are telling us everything we need to know—the question is, are we listening?”
“Purposeful presence over passive attendance in the office space is what matters now.”
“Quantum computing will upend basically everything.”

Calls to Action

Explore Community-Based Investment Opportunities: Joe suggests that investing in assets with a strong community focus or backing prominent developers could yield rewarding returns.
Consider Technology Integration: From AI to quantum computing, staying on the cutting edge of tech could give your real estate strategy a future-proof edge.
Read Joe’s Book, Workshop: For an in-depth look at his methodologies and strategies, grab a copy of Workshop. Link available in the show notes.

Resources and Links

Connect with Joe Brady: Visit JoeBrady.ai for more resources, speaking engagements, and his latest articles.
Get the Book: Workshop by Joe Brady on Amazon (linked for easy access).

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