Thursday Nov 28, 2024
Shifts in Commercial Real Estate: Major Moves and Market Trends
Explore the latest developments in commercial real estate as St James's Place exits the property market, Ryan Tower opens in Plano's Legacy West, Stonelake Capital enters Charlotte with a strategic acquisition, and Spinoso Real Estate revitalizes a Baltimore mall. This episode delves into the evolving dynamics of real estate investment, offering insights into how major players are adapting to market pressures and the implications for investors and the broader economy.
Sources:
https://www.thetimes.com/business-money/companies/article/st-jamess-place-to-sell-2bn-of-commercial-property-lmztxsc5k
https://www.dmagazine.com/commercial-real-estate/2024/11/ryan-tower-in-planos-legacy-west-is-ready-to-welcome-tenants/
https://www.commercialsearch.com/news/stonelake-capital-enters-charlotte-with-51m-buy/
https://commercialobserver.com/2024/11/spinoso-baltimore-mall-190m/
Outline:
(00:00:00) Introduction
(00:00:40) St James’s Place to sell £2bn of commercial property
(00:04:03) Ryan Tower in Plano's Legacy West is Ready to Welcome Tenants
(00:08:07) Stonelake Capital Enters Charlotte With $51M Buy
(00:11:13) Spinoso Real Estate Buys 1.2M-SF Mall in Baltimore for $190M