Looking Around Corners: Miles Treaster on Cycles, Capital & San Francisco’s Momentum

In this episode, host Drew Hess sits down with Miles Treaster, President, Capital Markets, Americas, at Cushman & Wakefield. Miles shares his path from Sacramento and the “Buzz Oates school of industrial development” to leading one of the largest capital markets platforms in the world. He breaks down how pricing, risk, and investor psychology are shifting; why cash flow is back at the center of valuations; and where opportunities are emerging across office, data infrastructure, industrial, and senior living. The conversation also covers Bay Area dynamics, San Francisco’s renewed momentum, and the role of leadership, mentorship, and humanity in today’s AI-driven world. A concise, insightful listen for developers, investors, brokers, and emerging leaders navigating today’s commercial real estate market.