S3E8 - Ken Ashley - Dodging zombie buildings: the walking dead of real estate
Description
In this episode of the Dealmakers Podcast, hosted by Asaf Raz, Ken Ashley, Executive Director at Cushman & Wakefield and founder of the CREI Summit, shares his nearly 30 years of experience in commercial real estate. Ken discusses the trends driving the return to office, how Class A spaces are thriving, and the potential for repurposing or redeveloping Class B and C office buildings. He also explores key investment opportunities in the office market as businesses adapt to new workplace dynamics, and he highlights strategies for investors and landlords to capitalize on these shifts.
Chapters:
00:01 - Guest introduction: Ken Ashley, Cushman & Wakefield
04:49 - Current market trends: return-to-office mandates and their significance
06:40 - The future of office spaces: Class A thriving while Class B and C struggle
08:56 - The importance of partnering with healthy landlords and avoiding "zombie buildings"
12:49 - Investment opportunities in office spaces for the next few years
15:06 - Redeveloping suburban office spaces: a growing trend in multifamily and retail projects
20:39 - Shameless plug: CREI Summit and how it supports real estate professionals
Get in touch with Ken:
LinkedIn
CREI Summit Website
Cushman and Wakefield
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