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November 22, 2024 74 mins

Guest: “Work Shop” author Joe Brady is an expert in retail commercial real estate. He served as CEO of Americas at The Instant Group as well as head of real estate for Walgreens. His early career includes capital markets & brokerage with a business-sale exit to JLL.

 

Big Idea: Real estate may go up in value, but it certainly comes with an expiration date. Retail & office are the 2 recent asset classes where much of the product is simply useless and worthless—as many properties have sold at land value minus demolition costs. Joe has observed that retail has been forced to evolve because of the iPhone, and now office is facing the same challenges.

 

This episode is also sponsored by Lending Home. Lending Home offers reliable & low-cost fix & flip loans with interest rates as low as 9.25%. Buy & hold loans offered even lower. Get a FREE iPad when you close your first deal by registering here now.

 

Resources mentioned in this episode:

Joe Brady

 

View the episode description & transcript here:

“Work Shop” Author Joe Brady on the Evolution of Retail Real Estate - REI Diamonds

 

Joe Brady & I Discuss the Evolution of Retail Real Estate:

How to Engage a Mentor with Cold Outreach

Effectiveness is Superior to Productivity

Recent Grocery-Anchored Retail Development

Tenant Driven Development = Lower Risk Development

 

Relevant Episodes: (200+ Content-Packed Interviews in Total)

Chris Prefontaine on $75,000 Average Profit Per Deal

Benefits of Scaling to $350 Million in Self Storage with Kris Benson

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