The Weekly Take from CBRE

Mexico’s industrial real estate market is benefiting from the need for more resilient supply chains. PGIM’s Enrique Lavín, DHL’s Guillermo Espinosa Armendáriz and CBRE’s Yadira Torres-Romero explain the advantages and challenges of nearshoring.Insights to Share: Nearshoring is spurring industrial activity beyond Mexico’s border cities as companies seek inland nearshoring opportunities.The lower cost and availability of labor explains why companies have relocated or expanded manufacturing operations in Mexico.The cost of capital, even for transactions denominated in U.S. dollars, is lower than in the U.S.

Fried Frank’s Jon Mechanic and Michael Werner—attorneys steeped in the in’s and out’s of New York City dealmaking—share thoughts on the office market, affordable housing, recent legislative changes and much more.Insights to Share: Despite the headlines, there is budding optimism in some New York commercial real estate sectors, particularly Class A office.Legislative efforts to promote affordable housing and sustainability are both incredibly important and challenging.New York City provides a nexus of talent, amenities and capital that is hard to replicate.

CBRE's podcast features Alex Chambers from Highwoods and Elizabeth Goodwin discussing Nashville's appeal to young people and businesses. They highlight the city's affordability, government investments in entertainment and sports, and growth in tech and retail industries. Nashville offers private investors opportunities in Class B office properties.

Exploring the success story of Tampa, Florida as a hot market attracting institutional capital and top talent. Insights include the importance of strong partnerships with the local community, long-term vision, and public-private investments driving development across sectors.

RXR CEO Scott Rechler discusses finding investment opportunities in a higher-cost environment, the importance of talent-centric office locations, and using market intelligence and data for real estate strategies. Topics include leveraging AI, office-to-multifamily conversions, and the future of cities.

Celebrity author Ben Nemtin discusses overcoming fear, setting ambitious goals, and taking action. The podcast explores the relationship between purpose, mental health, and achieving big goals. It also delves into leading with vulnerability, embracing personal growth, and the transformative power of kindness.

KKR's Roger Morales and CBRE's Kevin Aussef discuss the revival of interest in real estate investments. They explore evolving market sentiments, capital dynamics, top growth markets, and investment strategies inspired by Warren Buffett's principles in uncertain markets.

Real estate investor Brian Dinerstein and CBRE's Jaclyn Fitts discuss the resilience and growth of student housing post-pandemic. They highlight how student housing is insulated against rising interest rates, the advantages of investing in large public colleges, and the evolution of the student housing product. The podcast also delves into the challenges of rising construction costs, the impact of struggling small liberal arts schools on the sector, and the optimistic future outlook for student housing investments.

Growth strategist Rebecca Homkes delivers insights and ideas for companies navigating a challenging economic landscape. With wit and real-world examples, she challenges leaders to think of uncertainty as a neutral and temporary state – and where that line of thinking can lead.Insights to Share: ·      Survive, Reset, Thrive is a playbook for fortifying companies through times of change and challenge.·      Market uncertainty is neither good nor bad. It is a neutral fact to be dealt with.·      Companies who are willing to think creativelyare more likely to emerge from challenges successfully.

Experts discuss the preparation needed for a successful career in commercial real estate. Topics include resilience, interdisciplinary education, collaboration with industry, and experiential learning. Guests include leaders from Clemson University and The Ohio State University. The podcast highlights the evolving landscape of real estate education, the importance of internships, and the decision-making process between pursuing advanced degrees or entering the private industry.