Ep. 78 What’s Next for Commercial Real Estate? Joe Brady Reveals Key Actions You Need to Take Now
Description
In this episode of the RE Social Podcast, host Vince Rodriguez welcomes Joe Brady, a seasoned expert in commercial real estate with over 35 years of experience, particularly in the retail sector. Joe shares his journey from being a Burger King franchisee to heading the real estate portfolio at Walgreens, managing over 9,000 stores. He discusses his ventures in developing and investing in retail real estate, the impact of the pandemic on office spaces, and the transformation of work culture. Joe also delves into current trends, economic outlooks, and what to consider in the evolving real estate market.
Additionally, he introduces his book 'Work Shop,' exploring the future of work and the decoupling of work and office spaces. Tune in for expert insights essential for seasoned real estate professionals and newcomers looking to navigate the changing market.
Key Takeaways
00:00 Get to know Joe Brady
01:46 Walgreens Property Strategy
04:02 Joe’s Journey in Real Estate
09:26 The Evolution of Retail Real Estate
13:26 Joe’s Current Deals and Projects
25:05 Pandemic’s Impact on Workspaces
29:14 Pushback Against Office Mandates
30:28 The Future of Office Spaces
32:05 New Collar Economy and Flexible Work
33:59 Key Strategies for Real Estate Success
40:42 Opportunities on the Horizon
44:59 Interdisciplinary Real Estate Approach
51:21 Connect with Joe
Resources and Links
Work Shop by Joe Brady https://www.amazon.com/Work-Shop-consumer-driven-transformation-Commercial/dp/1998756734
Trammell Crow, Master Builder by Robert Sobel https://www.amazon.com/Trammell-Crow-Master-Builder-Americas/dp/0471613266
Connect with Joe
https://www.linkedin.com/in/joebrady03/
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