Friday Nov 29, 2024
Retail Resurgence in Boston and UK CRE’s Smart Shift
Explore the unexpected boom in Greater Boston's retail real estate, defying post-pandemic predictions with record-low vacancy rates. Meanwhile, the UK commercial real estate sector faces a critical turning point, driven by tenant demands for hybrid workspaces and eco-friendly features. Discover how landlords are adapting to these changes and the implications for the future of urban commercial spaces. Plus, insights from the Downtown Santa Monica Commercial Real Estate Summit on hospitality and retail trends.
Sources:
https://www.masslive.com/news/2024/11/boston-retail-vacancy-rate-lowest-in-decades-defying-expectations.html
https://fmindustry.com/2024/11/28/uk-commercial-real-estate-reaches-critical-turning-point/
https://www.bisnow.com/events/los-angeles/neighborhood/downtown-santa-monica-commercial-real-estate-summit-9218
https://www.facilitatemagazine.com/content/news/2024/11/26/occupier-priorities-redefining-commercial-real-estate-market
Outline:
(00:00:00) Introduction
(00:00:41) Greater Boston retail real estate defies expectations, thrives in 2025
(00:03:03) UK Commercial Real Estate Reaches Critical Turning Point
(00:06:39) Downtown Santa Monica Commercial Real Estate Summit
(00:10:15) Occupier priorities redefining commercial real estate market