Commercial Real Estate: Apocalypse or Opportunity?

On the latest episode of the Conduit Street Podcast, Kevin Kinnally and Dominic Butchko explain why tumult in the commercial real estate market has major implications not just for building owners and banks but also for local governments that rely on property tax revenue and the economic vibrancy that office workers generate.Post-pandemic, kids are back in school, retirees are back on cruise ships, and brick-and-mortar stores are doing better than expected. But offices are struggling more than most casual observers realize, and the consequences are far-reaching. Adaptive reuse, incentivizing redevelopment, and exploring alternative uses like residential conversions or mixed-use developments are intriguing policy options as communities rethink commercial corridors.The Conduit Street Podcast is available on major platforms like Spotify, Apple, Google, and anywhere else you get your podcasts. Episodes are also available on MACo's Conduit Street blog.Listen to previous episodes of the Conduit Street Podcast on our website.Useful LinksPrevious Conduit Street Coverage: Commercial Real Estate: Apocalypse or Opportunity?Previous Conduit Street Coverage: MACo Supports Local Property Tax Flexibility