Monday Jul 22, 2024
Central Jersey’s Industrial Real Estate Rebounds, Spokane Debates Commercial Rent Control
Central Jersey's industrial real estate market bounces back with increased leasing activity. Spokane considers commercial rent control, sparking debate and potential legal challenges. Plus, Robinson Oil invests in San Jose commercial buildings, and the future of office towers in the era of hybrid working.
Sources:
https://www.mycentraljersey.com/story/money/business/2024/07/21/nj-industrial-real-estate-market/74383501007/
https://www.washingtonexaminer.com/news/3092578/spokane-floats-commercial-rent-control-despite-potential-legal-challenges/
https://therealdeal.com/sanfrancisco/2024/07/19/robinson-oil-invests-in-san-jose-commercial-buildings/
https://www.businessinsider.com/hsbc-office-redevelopment-london-flexible-working-corporate-real-estate-2024-7
Outline:
(00:00:00) Introduction
(00:00:44) Central Jersey's industrial real estate market bounced back this spring. Here's why
(00:03:26) Spokane floats commercial rent control despite potential legal challenges
(00:06:22) Robinson Oil Invests in San Jose Commercial Buildings
(00:08:23) This is what office towers could look like due to hybrid working