Commercial Real Estate Talk Podcast

What is commercial real estate?  Is the office valid today or is the office an old-fashioned ideology that faded with bow ties and IBM blue suites? In a post-pandemic world, the need to understand commercial real estate has never been more important.  In today's podcast, get an inside seat to a speech Jorge delivered at a book launch event in 2017 at Books and Books in Coral Gables, Florida.   To...

Has the Miami office market, namely, the Brickell Avenue office market simmered down?  Today we discuss in detail a recent Wall Street Journal article aimed at Miami's hottest market, Brickell Avenue.  We'll look at the current conditions including the current Class A rate and occupancy, and walk through three new office development projects.   Available for our listeners is a full Brickell Avenue...

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...

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...

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 comm...

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 recordi...

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 Bo...

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...

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...

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....

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 F...

The Recession bearing down on the office sector coupled with corporate America's adoption of work from home strategy have many wondering if we've entered into an Office Apocalypse. Tune into this weekly look at commercial real estate news. We track commercial real estate so you can focus on your business.  Give us a thumbs up and subscribe to the podcast.  Want to help the show?  Visit www.dontsig...

Irrespective of what our political leaders and the media label the recent economic news:  two consecutive quarters of negative GDP growth equals a Recession.  While it's fun to watch the media try to put a positive spin on the recession of 2022, the impact to commercial real estate is already being felt.  Tune in to today's podcast as look at the turbulent waters ahead for commercial real estate. ...

Miami snags another blue state corporation; Citadel to relocate from Chicago to Miami.  Citadel enters with two massive real estate deals in the Brickell area.  Sublease space continues to grow in Florida, but is mainly concentrated in central Florida. 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 fol...

In today's podcast we take a deep dive on two national stories involving CRE giants.  CBRE is in the news on a major lawsuit accused by a property owner of multiple conflicts of interest (alleged).  Cushman & Wakefield is in contempt of court for not turning over all requested documents from the AG of New York. We track CRE in order that you may focus on your business.  Please consider liking and...

There is a real tug of war between workers and employers - some employers like Tesla have given ultimatums:  work from the office 40 hours a week or find another job.  Have American workers become entitled?   Is a five-day work week in the office harsh work conditions?  In today's podcast we explore recent employee and employer surveys on remote work.   We track commercial real estate so you can f...

South Florida housing market cooled off in April - is this the tip of a major housing correction iceberg?  Or a momentary, I have to pay my taxes in April blip?  We'll find out. RTO has also cooled off as major employers such as Apple pivot to keep employees home.   Tune in to this weekly look at commercial real estate.  We track commercial real estate so you can focus on your business. Please lik...

As we move towards mid-2022, headwinds can be felt coming off the horizon heading straight towards the commercial real estate recovery efforts.  Work from home implementation for office tenants, record high rents, rising construction costs and supply shortages, cost of funds, government regulations, wars, stock market crash, and oh - remnants of the pandemic:  all threaten the commercial real esta...

Tenant's Bill of Rights?  That's what Miami-Dade County Mayor proposed to favor tenants to the detriment of landlords.  While this apparently only applies to residential, it's only a matter of time until the concept trickles down to commercial real estate.   One major U.S. city has already applied rent controls.  But is this the role of government or is it better left to the free markets?   Other...

Miami is destination number one for big tech, financial services, banking and a host of many other industries.  What sets Miami and the South Florida region apart? Why are so many firms flocking New York and other areas of the country to Miami?   In today's podcast, we visit with May's edition of  Florida Trend and their coverage of Miami at a glance. Topics include real estate, GDP, technology, t...

Florida and Disney are atop every headline with the Florida legislatures recent vote to strip Disney of their special tax incentives and self-governing provisions after Disney failed to "stay in their lane".  But are we asking the right questions:  is it right for government to give special tax provisions and regulations to big corporations and not to every corporation?  Why can't all the private...

"Putin's Inflation" - Really?  Our politicians attempt to pass the blame for rising prices on the recent war doesn't hold up to facts.  Inflation hit 5% in May of 2021 and increased each month with the exception of one month.  Inflation hit 7% in December of 2021, 7.5% in January 2022, and 7.9% in February of 2022 - all before Putin invaded Ukraine.  Inflation is taking its toll on commercial real...

A recent survey revealed that 50% of office workers would resign if required to return to the office.  What does this mean the future demand for office space in America?  Major institutional owners of Class B and C office buildings in New York and Chicago have recently turned the keys over to their lenders.   In today's podcast, we consider all the flags ahead for the office sector and discuss wha...

As New York City goes, so goes Miami.  In today's podcast, we discuss recent office deals signed in New York City and discuss office demand and the gap between the haves and have nots.  Own a Class B or C office building in a major metro-market?  It may be time to consider major renovations or alternative uses. What can office landlords do to attract office tenants back to the office?  Tune in.  ...