Market Shifts and What’s Next for Commercial Real Estate

Interviewer: What’s been the biggest change you’ve seen in the commercial or industrial real estate market this year?

Newmark Phoenix Realty Group: Definitely on the office side—more companies are bringing employees back into the office. That’s been a positive trend for our industry.

Interviewer: Are there any upcoming market trends you’re excited about next year?

Newmark Phoenix Realty Group: I think we’ll see interest rates start to drop a bit more, which will boost activity on the investment side. It’s encouraging because when financing becomes more accessible, it opens doors for growth across the board.

Interviewer: How do you help clients navigate market changes like these?

Newmark Phoenix Realty Group: By keeping them informed. Market knowledge is crucial. I make sure clients know what’s happening—even if a change doesn’t directly impact them right away. That ongoing communication builds trust and helps them make confident, informed decisions.

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