4 days ago
Transforming Real Estate: From Industrial Hubs to Urban Housing
Explore the latest trends in commercial real estate as Broe Group transforms a former Kellogg's facility into a logistics hub, and cities innovate by converting vacant offices into housing. Discover how these developments are reshaping urban landscapes and the challenges they face. Plus, insights into community-centered projects like The Gateway in Georgia and the financial strains on US banks due to slumping property values. Stay informed on the dynamic shifts in real estate and their broader economic impacts.
Sources:
https://www.commercialcafe.com/blog/broe-group-buys-kellogg-industrial-facility/
https://dailymontanan.com/2024/12/14/cities-cut-red-tape-to-turn-unused-office-buildings-into-housing/
https://www.prweb.com/releases/terry-commercial-realty-announces-pre-leasing-for-the-gateway-a-community-centered-development-in-jasper-ga-302331330.html
https://www.scmp.com/business/banking-finance/article/3290850/us-banks-face-rising-distress-commercial-property-values-slump
Outline:
(00:00:00) Introduction
(00:00:40) Broe Group Buys Former Kellogg’s Manufacturing Facility
(00:04:17) Cities cut red tape to turn unused office buildings into housing
(00:07:15) Terry Commercial Realty Announces Pre-leasing for THE GATEWAY: A Community-Centered Development in Jasper, GA
(00:10:38) US banks face rising distress as commercial property values slump