The real estate market is recovering from an epidemic-driven slump in office leasing. CEO of Marcus & Millichap, Hessam Nadji sits down with Catalysts Co-Hosts Seana Smith and Madison Mills to discuss the real estate market, saying this sector is much more than office space.
“The whole industry gets a skewed view because of what’s happening with office buildings in many ways,” Nadji says, explaining that while office leasing is weak, retail rents are increasing. “We talk about sales like new homes and offices and new sales. Because, as you know, over the last 20 years, retail real estate and brick-and-mortar sales have been under a lot of pressure because of e-commerce, and the industry is facing it.
Learn more about Nadji’s thoughts on the real estate market during Trump’s second term here.
To check out more technical information and analysis on the latest market action, check out more Catalysts here.
This article was written by Naomi Buchanan.