Understanding Commercial Real Estate: A Deep Dive with Doug Jennings

In this episode of 'At the Kitchen Table' hosted by Amanda DiVito Parle, Doug Jennings from RE/MAX Commercial Alliance shares his journey and insights into the world of commercial real estate.   Doug discusses his unique background, from being a wrestler in the Army to transitioning into real estate. He breaks down the various types of commercial properties, the impact of COVID-19 on office spaces, and the complexities of industrial real estate. Doug also touches on his certification as a Certified Commercial Investment Member (CCIM) and the significance of this credential.   The conversation broadens to discuss the differences in real estate practices across the globe and the current state of the commercial market, particularly in Denver. Doug offers valuable advice for potential investors and business owners considering real estate investments.  

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Meet Amanda Broker Associate – Team Lead

When starting her career as a REALTOR® in May of 2003 at a young age, Amanda had already been in real estate half of her life working in the family business. She began by spending countless hours filing, making phone calls, and helping with paperwork alongside the man who would later become her mentor and business partner, her father, an industry leader himself of more than 30 years. After her initial introduction to the working world, Amanda went on to graduate from Colorado State University. With her diploma in hand and an internship spent almost entirely in a cubical, she decided to get her real estate license. Today, she is running the family business, DiVito Dream Makers, which is now consistently among one of the top producing RE/MAX Alliance teams in the Denver Metro Area and loving it! (Full Bio)

  FIND THE SPOT YOU WANT IN THIS EPISODE:   00:00 Welcome to the Podcast with Amanda DiVito Parle 00:25 Meet Doug Jennings: The Hawaiian Husband 01:15 Doug's Military Journey and Wrestling Passion 03:00 Transition to Real Estate 04:43 Introduction to Commercial Real Estate 05:51 The CCIM Credential and Its Importance 08:58 Exploring Real Estate Across Cultures 12:11 Understanding Different Types of Commercial Real Estate 18:15 Analyzing Property Use and Client Discussions 19:29 The Impact of COVID on Office Space Vacancy 20:06 The Role of Jobs in Economic Recovery 22:48 Challenges of Office Space Conversion 26:37 Industrial Real Estate and Market Dynamics 29:31 Multifamily Housing and Construction Defects 35:41 Advice for Real Estate Investors 37:13 Supporting Children's Miracle Network 38:18 Future Plans and Mentorship