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Patrick Gilday
Vice chairman and co-head of U.S. office capital markets at CBRE, responsible for East region transactions and capital markets insights with extensive experience in office investment sales.
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Dec 8, 2025
• 41min
Shake It Off: Office investing is coming back
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Brandon Shorenstein, CEO of Shorenstein Investment Advisors, and Patrick Gilday, Vice Chairman at CBRE, dive into the rebounding office market. They discuss the emerging focus on cash flow and downside protection, while noting cash-on-cash yields reaching 8%-15%. The duo highlights the importance of prime assets in vibrant submarkets and the challenges of property conversions. With an emphasis on tenant priorities like wellness and experiential amenities, they paint a hopeful picture for office spaces as essential investments going forward.
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