Episode 108 - Commercial Real Estate Update

We've read much of the lower occupancy in the CRE industry from both vacancy and work-from-home employees.  But what are the domino effects of lower occupancy?  Today we discuss the impact of the slowdown in the office sector on cities: namely through devaluation which leads to lower taxes.

Tune in to this weekly look at commercial real estate.  We track commercial real estate so you can focus on your business.  Please subscribe and give us a thumbs up.

Want to learn more about commercial real estate, specifically office leasing?  Check out Jorge's book at: https://www.lulu.com/shop/jorge-morales/commercial-real-estate-office-leasing/paperback/product-v8k92wg.html?q=Commercial+real+estate+book&page=1&pageSize=4.

Jorge Morales is the founder and president of Blue Box Real Estate, LLC, an independent commercial real estate firm in South Florida focusing on Tenant Advisory Services, Landlord Advisory Services, and Investment Sales.  Connect at https://blueboxre.com/.

In today's weekly look at commercial real estate news, we discuss the causes that led to several national CRE firms ending 2023 with posted losses.  Is this a reflection of things to come for commercial real estate or a reaction to what's already taken place?

We also consider the continuing saga of office occupancy or lack thereof with work from home continuing to eat into office demand.  

Please consider liking the podcast and subscribe today.  Want to learn commercial real estate from an insider?  Then consider purchasing Commercial Real Estate Office Leasing - A Tale of Tenant Representation:  Commercial Real Estate Explained and Applied for Business Owners and Realtors.  Please visit https://dontsignthelease.com/book/ and pick up a copy today.  

Jorge L. Morales is founder and President of Blue Box Real Estate, LLC (https://blueboxre.com/), an independent best-in-class commercial real estate firm in South Florida.  Lic. Real Estate Broker. 

In today's podcast, we consider the recent $355 million fine by New York against Donald Trump and the implications for other commercial real estate investors in New York.  Will this have a trickle-down effect or will this be an isolated incident?  

We will also discuss two struggling sectors in commercial real estate; namely indoor malls and the office sector.  

Tune in to this weekly look at commercial real estate - set to post on Thursday's going forward (God willing).  After several years in the works, Jorge's book has been updated with a new title and cover:

Commercial Real Estate Office Leasing - A Tale of Tenant Representation:  Commercial Real Estate Explained and Applied for Business Owners and Realtors is now available for direct purchase in paperback.  For a copy, click: https://www.lulu.com/shop/jorge-morales/commercial-real-estate-office-leasing/paperback/product-v8k92wg.html?page=1&pageSize=4

Jorge Morales is founder of Blue Box Real Estate, LLC (https://blueboxre.com/), a best-in-class independent commercial real estate firm in South Florida serving all of Florida.   

Billionaire real estate developer Moshe Mana recently offered his insight to Miami's growth potential as the global financial capital of the world at a South Florida Office Broker's Association luncheon hosted by Collier's at Museum Tower in Downtown Miami.  Contact the show if you are interested in attending future monthly luncheons.

With permission from Moshe Mana, today's podcast is the recording of that presentation as Mr. Mana dives into Miami's explosive growth, his vision and execution of Wynwood, and his latest project - Flagler Street in Downtown Miami.  For a brief bio on Moshe Mana, please visit:

 https://en.wikipedia.org/wiki/Moishe_Mana

For more information on Mana Commons please visit:

https://properties.manacommon.com/

For commercial real estate services in Florida, please consider the independent CRE firm, Blue Box Real Estate by your host Jorge Morales. Please visit:  https://blueboxre.com/.

Need an idea for a wonderful gift for the holidays?  Consider giving the gift of commercial real estate knowledge and visit: https://dontsignthelease.com/.

Nearly a year has passed since the last Don't Sign the Lease Podcast, and we now have a better picture of what's happening in commercial real estate.  Join us as we unfold commercial real estate highlights in 2023.  Stay tuned as we plan to bring snapshots of key South Florida office markets in future episodes.

Jorge L. Morales is President of the indpenedent commercial real estate firm, Blue Box Real Estate - www.blueboxre.com.  Contact at jorge.morales@blueboxre.com.

Blue Box Real Estate, LLC is a Lic. Real Estate Broker. 

Today is the final new content podcast of the Don't Sign the Lease Podcast.  We'll be transitioning the podcast to a new Florida market specific podcast coming soon.

In today's podcast, we look at the commercial real estate world shedding jobs as well as big tech.  WeWork announces the closure of 40 locations and we discuss the prospects of a recession in 2023.

For commercial real estate services in Florida, please visit www.blueboxre.com.  Contact Jorge Morales directly at jorge.morales@blueboxre.com.  Blue Box Real Estate, LLC is a Lic. Real Estate Broker.

God Bless.

Category 4 Hurricane Ian slammed into the west coast of Florida this week leaving hundreds stranded, many lives lost and much real estate damaged.  Our prayers go out to the many who have been impacted by the storm.  

Major companies like Apple and Ally Financial have mandated a return to the office (RTO) post Labor Day weekend.  While the mandates roll out, the five day work week seems like a relic from the past as most companies require just 1, 2 or 3 days a week from the office.

Will this trend weather a Recession storm?  What amenities will it take to attract workers back to the office?  Tune in to today's podcast.

We track commercial real estate so you can focus on your business.  

For commercial real estate solutions, visit www.blueboxre.com today.

In today's episode, we consider office demand for end of Q2 2022 as we look ahead to the rest of the year.  We also discuss the recently passed Inflation Reduction Act - calling for the spending of over $400 billion to reduce inflation?  Yes, spending is what led to inflation...and we discuss in detail ESG and why your small business needs to be aware of this tidal wave that is on American shores.

We track commercial real estate so you can focus on your business.

For commercial real estate solutions, visit www.blueboxre.com.

Miami continues to receive out of town corporate relocations.  In today's podcast we discuss several of the key recent lease transactions in Brickell, Coral Gables, and Doral.

We track commercial real estate so you can focus on your business.

Jorge Morales is founder and president of Blue Box Real Estate, LLC, an independent commercial real estate firm in Florida.    For real estate solutions in Florida, find us at www.blueboxre.com.