17 episodes

Your source for boots-on-the-ground local commercial real estate market knowledge.

TCN Worldwide Market Minutes Podcast TCN Worldwide

    • Business
    • 5.0 • 4 Ratings

Your source for boots-on-the-ground local commercial real estate market knowledge.

    Ep. 17 Paul Hendershot: Commercial Real Estate National Mid-Year Economic Update

    Ep. 17 Paul Hendershot: Commercial Real Estate National Mid-Year Economic Update

    In this special episode, we talk with Paul Hendershot, Senior Director of Market Analytics at CoStar who delivers a comprehensive mid-year 2022 economic update and forecast for the commercial real estate industry. Paul Hendershot, a frequent participant at TCN Worldwide conferences and one of our most highly-rated speakers, brings a unique skill set as a career economist in the CRE industry. He provides a broad perspective on the national economy, how the first half of 2022 is shaping up and the current inflationary environment. In today's episode, Paul focuses on three asset classes (office, industrial, and retail) and shares his insights on what's going on in the national economy. 
    What are the key components to keep an eye on during these turbulent times? How will rising interest rates and inflation impact the overall economy? On a regional basis how are the markets currently trending and what is the outlook for the remainder of 2022? Where are cap rates headed? Which product types will thrive and which will struggle in the year ahead? Paul closes by answering several questions provided by TCN Worldwide members.  

    • 28 min
    Ep. 16 Kevin Parisi: Retail Isn't Dead, It's Evolving

    Ep. 16 Kevin Parisi: Retail Isn't Dead, It's Evolving

    Today we talk with Kevin Parisi, President and CEO of Albany-based Trinity Realty Group, LLC. (TRG) about the Upstate New York commercial real estate market as well as the evolution of the retail sector in the broader sense. He is bullish on both retail and office sectors, especially in suburban and secondary markets where rents can be advantageous to allow companies to maximize profit margins. Kevin also discusses his role in TV's only reality real estate show "The Real Estate Commission" which will be airing this summer.

    Key Discussion Points
    [00:17] Welcome and introduction by Eric Odum
    [00:31] About our guest, Kevin Parisi
    [01:25] Give us a background on your firm and how you got started with TCN
    [02:23] Tell us about TRG, your markets, and what you're working on these days
    [03:58] What's happening in your market in terms of retail traffic
    [07:16] What's happening to the office market in Albany, NY?
    [09:13] Do CEOs really enjoy running their businesses via Zoom as the media suggests?
    [10:55] Are there national retailers that are looking to establish a foothold in your area?
    [12:51] As the CEO of a commercial real estate business, what keeps you up at night?
    [14:17] What makes TRG stand out against your competitors
    [15:45] Tell us about the reality TV show you were involved in that wil be coming out soon
    [19:59] How can folks get in contact with you?
     

    • 22 min
    Matthew Ferguson, CRE: The Changing Face of Indianapolis - $100M Project Along Monon Trail

    Matthew Ferguson, CRE: The Changing Face of Indianapolis - $100M Project Along Monon Trail

    Today we talk with Matthew Ferguson, CRE, Vice President, Premier Commercial in Indianapolis to discuss the changing face of the city and the new 14.5-acre, $100+ million development along the city's Monon Trail, known as Monon 30. Matthew Ferguson, CRE, Vice President of Premier Commercial Real Estate Services/TCN Worldwide, has been working on the deal for over a year and was instrumental in contracting the several adjoining properties, finding outside sources to help with the development of the project, selling the idea to the neighborhood, and in meeting with City Council and officials to bring the deal to fruition
    Key Discussion Points
    [00:17] Welcome and introduction by Eric Odum
    [00:31] About our guest, Matthew Ferguson
    [01:26] What's your background, and how did you get into commercial real estate?
    [02:42] Why was joining TCN important to you?
    [03:56] Tell us about the market in Indianapolis
    [05:57] Tell us more about the office market; are folks starting to come back to the office?
    [08:23] Tell us about the project you're going to be working on that will literally change the face of  Indianapolis
    [11:54] What is the vision for the parcel / assemblage? Is it retail? Multifamily? Mixed use?
    [16:49] Are you seeing movement towards a more dense type of structured living?
    [18:48] Where do you see the Indianapolis commercial real estate market now, and where do you see it in the future?
    [19:40] How can folks get in contact with you?
     

    • 22 min
    Marty Cleckler: Market Outlook in Lubbock, TX

    Marty Cleckler: Market Outlook in Lubbock, TX

    Today we talk with Marty Cleckler, MAI, Managing Director of WestMark Commercial in Lubbock, TX about what he's seeing within his market, how Texas Tech impacts their commercial real estate market, and how it compares to other markets throughout the U.S. In this episode, Marty discusses each sector, how Lubbock has developed into an economic and healthcare hub to the region as well as what he see's in the years ahead.
    Key Discussion Points
    [00:17] Welcome and introduction by Eric Odum
    [00:32] About our guest, Marty Cleckler
    [01:26] How did you end up with WestMark Commercial? And what's your background?
    [02:46] What was the driver behind you joining TCN?
    [03:41] What are the drivers in your market, and what makes it different?
    [06:20] Give us a high level overview of what you're seeing in each of the major asset classes
    [08:37] For new construction, what are you seeing for industrial rates range?
    [09:10] What are you seeing in retail?
    [12:35] What makes your market unique? And what are the highlights?
    [15:47] Tell us about your latest significant deal with Metro Tower
    [17:30] How would you talk to agnostic investors about the best opportunities in your market?
    [18:30] Where do you see your market headed?
    [19:49] What makes your firm stand out in the market?
    [20:47] How can folks get in contact with you?
     

    • 23 min
    Paul Hendershot: Commercial Real Estate National Mid-Year Economic Forecast

    Paul Hendershot: Commercial Real Estate National Mid-Year Economic Forecast

    In this special episode, we talk with Paul Hendershot, Senior Director of Market Analytics at CoStar who delivers a comprehensive mid-year economic update and forecast for the commercial real estate industry. He provides a broad perspective on the national recovery; where we've been, how the first half of 2021 is shaping up and what's in the forecast for the 2nd half of the year. In today's episode, Paul focuses on three asset classes (office, industrial, and retail) and shares his insights on what's going on in the national economy.
    Key Discussion Points
    [00:17] Welcome and introduction by Eric Odum
    [02:18] The economy is turning a corner
    [02:53] Employement outlook
    [04:20] eCommerce outlook
    [05:16] U.S. office market outlook
    [07:26] Sublease space outlook
    [10:42] Industrial market outlook
    [14:38] Retail market outlook
    [17:01] Summary of economic outlook

    • 19 min
    Grant Pruitt: Dallas-Fort Worth Office Market Outlook

    Grant Pruitt: Dallas-Fort Worth Office Market Outlook

    Today we talk with Grant Pruitt, President & Co-Founder, Whitebox Real Estate in Dallas, TX about what he's seeing within the DFW office market and how it compares to other markets as people return to the office. In this episode, Grant discusses the DFW office market and why he's bullish on the office sector as we come out of the pandemic and in the years ahead.
     
    Key Discussion Points
    [00:17] Welcome and introduction by Eric Odum
    [00:29] About our guest, Grant Pruitt
    [03:05] What do you see happening to the office market?
    [16:50] What is the 3-2-2 work week? And what might this mean for commercial real estate?
    [20:05] Are you seeing companies change their configuration? For example, implementing any social distancing, plexiglass, or other measures?
    [21:51] Focusing on the Dallas area, is the Central Business District (CBD) coming back? And what sub-markets are working for you?
    [28:09] What's going on with the distressed investors in the Dallas Fort Worth (DFW) market?
    [29:38] What is your outlook on the Dallas market over the next 12-24 months?
    [41:22] Do you have any other concerns as it relates to the DFW market?
    [43:16] How can folks get in contact with you?

    • 44 min

Customer Reviews

5.0 out of 5
4 Ratings

4 Ratings

Claudia Crow ,

Incredibly Valuable Information!

The guests are exceptionally knowledgeable; I highly recommend this podcast to anyone interested in learning more about commercial real estate!

Senevets ,

Market specific

Regional and local discussions but I find nuggets in each episode. The Waltchack retail episode was great.

Julia McCabe ,

Super informative!

Good general commercial real estate info around the nation. Very insightful

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