In this latest episode of The Path to Wellth, Joe Brady, a commercial real estate expert, discusses his career journey and the major shifts happening in the industry. Joe highlights the need to invest in healthy ecosystems and for commercial real estate to adapt to our fast-paced, technology-driven world. He also discusses the transformation of the office sector and the rise of remote work.
Tune in to learn the current trends in retail and flexible office spaces and how to create thriving commercial environments in a VUCA world.
Joe Brady is a US-based commercial real estate expert who had a front-row seat in the evolution of retail, from brick and mortar to omnichannel, and is now seeing the same forces at play in office real estate. Having served in several senior roles at major companies, Brady has been on the cutting edge of accelerating technology, changing consumer behavior, and evolving real estate.
Connect with Joe Brady LinkedIn / joebrady03
Enjoy this episode on your favorite podcast platform
✅ Apple → podcasts.apple.com/gb/podcast...
✅ KZread → / @hanneshennche
Let’s Stay Connected
✅ LinkedIn → / hannes-hennche
Time Stamps
00:00:32 - Discovering a Passion for Real Estate Development
00:06:22 - Relationships as a Career Pillar
00:08:40 - Shifts in Commercial Real Estate
00:10:03 - Impact of Technology on Retail
00:11:19 - Flexible Office Space and the Pandemic
00:13:07 - Consumer Behavior and Omni-channel Retail
00:24:46 - Life-work Balance Post-pandemic
00:25:56 - Spectrum of Remote Work Discipline
00:29:35 - Multifamily Developments and Co-working Spaces
00:31:43 - Investing in Commercial Real Estate
00:32:54 - Healthy Ecosystems for Investment
00:36:58 - Challenges in Retrofitting Office Buildings
00:38:27 - Examples of Successful Urban Developments
00:39:06 - Live, Work, Play Ecosystems
00:40:42 - Office Asset Class and Financing
00:46:07 - VUCA World and Flipping VUCA
00:47:57 - Investing in Daily Needs Retail
00:51:16 - Pop Culture Influence on Real Estate
Sound Bites
Sound Bites
"As long as you're not a jerk, as long as you're fair to people, you can accumulate great people, great friendships, great connections that can help you in many aspects, personally and professionally."
"The fact that commercial real estate is still measured in terms of five and 10-year increments compared to the world we live in now, which by any account is measured in terms of weeks or months."
"The office sector was having a retail moment."
"Purposeful presence over passive attendance."
"What is our vision? Uncertainty to understanding, complexity to clarity, and my favorite is ambiguity to agility."
#thepathtowellth #realestateinvestments #realestate #investment #VUCA #succss #mindset #healthyecosystem