What is the future for office space? What does it take to sign a lease in today’s world? In today’s podcast, we consider a recent interview of Ken Fisher, Partner of Fisher Investments and review the recent major office leased signed in New York City. While rents remain steady, office landlords must deal with rising operating cost, rising incentives and expiring debt. A perfect storm. Plus, a recent study by JLL showed 48% of office tenants plan to downsize when the lease expires.
We end the show by considering another question from REDDIT Commercial Real Estate on what programs exist to learn commercial real estate (hint: visit www.dontsignthelease.com/book).
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To contact Jorge Morales, please visit www.blueboxre.com.