
Tuesday Jan 21, 2025
Real Estate Shifts: Retail Space Revamp and Office Market Rebound
Explore the dynamic changes in commercial real estate as Younger Partners Investments expands its retail footprint amidst a shifting market. Discover the upward trend in San Francisco's office-building sales, signaling a recovery driven by the AI sector. Gain insights from New York attorney Peter Zinkovetsky on the strategic use of ground and land leases. Plus, learn about ComPsych Corp.'s strategic move to Chicago's iconic The Pru complex, reflecting evolving office space needs post-pandemic. This episode offers a comprehensive look at the future of real estate investments and market trends.
Sources:
https://candysdirt.com/2025/01/20/commercial-real-estate-firm-expands-footprint-as-shaky-retailers-give-way/
https://www.sfexaminer.com/news/business/sf-office-building-sales-rising-hint-at-real-estate-rebound/article_98d3ad78-d466-11ef-baf7-b3895b0e5b1f.html
https://www.openpr.com/news/3823650/new-york-commercial-real-estate-attorney-peter-zinkovetsky
https://www.commercialsearch.com/news/chicago-tower-lands-50-ksf-lease/
Outline:
(00:00:00) Introduction
(00:00:43) Commercial Real Estate Firm Expands Footprint as Shaky Retailers Give Way
(00:03:47) Office-building sales trend up, suggest recovery
(00:06:22) New York Commercial Real Estate Attorney Peter Zinkovetsky Discusses Key Differences Between Ground Leases and Land Leases
(00:09:40) Chicago Tower Lands 50 KSF Lease