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In this episode of the Commercial Real Estate Podcast, hosts Aaron and Adam connect with Karl Innanen, Executive Vice president at Colliers International. Join them as they explore the commercial real estate market in Southwestern Ontario. Recorded at the Southwest Ontario Real Estate Forum, the discussion highlights the impact of rising interest rates, the state of various asset classes such as office, retail, industrial, and multifamily, and development challenges. Carl shares insights into his career, market trends, and future indicators, offering valuable perspectives on navigating the shifting landscape of commercial real estate.

Here are the key talking points from the episode:

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• Current Commercial Real Estate Market Overview
  
• Office Space Challenges
  
• Retail Market Insights
  
• Stability in Industrial and Multifamily Markets
  
• Development Market Challenges
  
• Future Market Indicators
  
• Reflections on Downtown Cores
  

More about our guest…

With over 30 years of experience in commercial real estate, Karl takes his passion and skills in real estate to mentor, train, and develop the Colliers team in Kitchener Waterloo. He focuses on attracting and retaining the best diverse, enterprising, and innovative commercial real estate professionals. He is always looking to network with talent; whether you’re looking to enter Tri-City commercial real estate market or curious about learning about how and what makes Colliers the best-in-class CRE firm. Please feel free to send him a connection request if you’d like to learn more!

Karl has attended Western University and focused on economics. For the past 24 years, he has been an instructor with CCIM, teaching professionals across North America, Russia, and China.

Episode Highlights

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• 00:00 – Intro
  
• 02:31 –  Karl Innanen’s Background
  
• 10:01 – Current Commercial Real Estate Market Overview
  
• 18:01 – Office Space Challenges
  
• 25:01 – Retail Market Insights
  
• 32:01 – Stability in Industrial and Multifamily Markets
  
• 39:01 – Development Market Challenges
  
• 45:01 – Future Market Indicators
  
• 50:01 – Reflections on Downtown Cores
  

Episode Resources

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• Karl Innanen on LinkedIn
  
• Colliers International Website
  
• Aaron Cameron on LinkedIn
  
• Adam Powadiuk on LinkedIn 
  
• First National Website
  

The post Navigating Rising Interest Rates with Karl Innanen of Colliers International appeared first on Commercial Real Estate Podcast.