Commercial Real Estate Recovery: Trends and Transactions

In this episode, we explore the uneven rebound of the commercial real estate market following recent interest rate cuts by the Federal Reserve. We discuss the ongoing legal battle over the LA Rams' Earth City property and EQT Exeter's significant acquisition of a last-mile industrial asset in Tukwila, Washington. Additionally, we highlight recent leasing activity, including Marco's Pizza's new space in Chesterfield, showcasing the resilience and adaptability of local businesses in the evolving market.

Sources:
https://www.businessreport.com/article/the-commercial-real-estate-market-is-rebounding-but-unevenly
https://www.bizjournals.com/stlouis/news/2024/10/18/rams-look-take-earth-city-property-st-louis.html
https://www.commercialsearch.com/news/eqt-exeter-pays-82m-for-last-mile-industrial-asset/
https://richmond.com/news/local/business/commercial-real-estate-highlights-marcos-pizza-leases-space-in-chesterfield/article_f0454fd4-8ca0-11ef-84e8-dbc64547ab04.html

Outline:
(00:00:00) Introduction
(00:00:43) The commercial real estate market is rebounding, but unevenly
(00:03:21) LA Rams look to take Earth City property; St. Louis again contests
(00:06:23) EQT Exeter Pays $82M for Last-Mile Industrial Asset
(00:08:48) Commercial real estate highlights: Marco's Pizza leases space in Chesterfield