Description

The office market has officially found "terra firma". In this episode, host Michael Bull is joined by Marc Selvitelli, President & CEO, Commercial Real Estate Development Association, to deliver the latest demand forecasts, net absorption trends, and massive organizational news. Effective July 1st, NAIOP is officially rebranding to CREDA, The Commercial Real Estate Development Association. Marc shares how this shift reflects a membership base that has expanded far beyond traditional office and industrial space into multifamily, mixed-use, retail, data centers, medical office, and industrial outdoor storage. Past the rebrand, Michael and Marc dive straight into the numbers, revealing that the office sector has logged positive net absorption for three consecutive quarters for the first time in four years. Learn what is driving this stabilization, why Class A and trophy spaces face severe supply constraints, and how contrarian investors can capitalize on the buy of the decade. Whether you are a corporate occupier looking to lock down a strategic long-term lease extension or a landlord navigating changing capital markets, this episode outlines the exact frameworks needed to find opportunity in the early innings of the office market rebound. 00:00 Intro 01:30 NAIOP CREDA Rebrand 04:40 Office Net Absorption Trends 05:55 Office Conversions and Demolitions 11:30 Office Layouts and Amenities 17:15 Fed Rates Macro Forecast 20:30 Commercial Lease Extension Tips 21:50 Office Condominium Conversions Connect with Marc Selvitelli: President & CEO, Commercial Real Estate Development Association https://www.credaglobal.org/ / marc-selvitelli-cae-7b6a991 Connect with Michael Bull & The Show: Michael Bull, CCIM Bull Realty, Inc / michaelbull For more commercial real estate market data, sector forecasts, and video episodes, visit CREshow.com. America’s Commercial Real Estate Show is brought to you by our proud sponsors. TCN Worldwide: Commercial real estate property management, leasing, and sales solutions across the US and globally. Learn more: https://www.tcnworldwide.com Build Out: The ultimate product suite for commercial real estate brokerage firms looking to streamline their business. Learn more: https://www.buildout.com Bull Realty: Regional commercial real estate brokerage services headquartered in Atlanta, delivering market intel and strategies. Learn more: https://www.bullrealty.com Commercial Agent Success Strategies: Twenty-one cloud accessed commercial broker training videos with slide deck action notes. Learn more at https://www.commercialagentsuccess.com/