Sam McGill

Commercial real estate professional

[Sam McGill @SamMcGill_CRE]

K-beauty, bubble tea, and collectibles brands built their audiences on TikTok, but now they're signing leases in London, Milan, and Paris. Good read this week! https://t.co/8nWVjeLCM4

[Sam McGill @SamMcGill_CRE]

@kenashley 💯

[Sam McGill @SamMcGill_CRE]

@moseskagan 💯

[Sam McGill @SamMcGill_CRE]

@kenashley @jandreini1 Agreed for certain assets with great leasing stories/markets. Class A assets that need recapitalized/forced sale we probably did hit a bottom. Those buildings have leasing momentum and will trade at the new valuation with new money. Everything else tbd about the bottom imo.

[Sam McGill @SamMcGill_CRE]

https://t.co/9ZUjbc8BDT

[Sam McGill @SamMcGill_CRE]

Class-A office vacancy is tightening fast.

Few new buildings are coming—and rents are climbing.

[Sam McGill @SamMcGill_CRE]

I should've said "new LL comes along...effectively steals the building"

[Sam McGill @SamMcGill_CRE]

Today's office market? Building loses a major tenant, drives up vacancy. At the same time, the loan is coming due. This creates refi difficulties due to higher rates and lower values. New LL comes along, fixes the capital structure, reinvests into the asset, and leases the space.

[Sam McGill @SamMcGill_CRE]

@skylarromines 💯

[Sam McGill @SamMcGill_CRE]

Per a recent report by @WeAreVTS, office demand up 11.8% YoY: Despite a seasonal dip, demand continues to climb, signaling recovery. Top Cities Leading Growth: Seattle, Boston, and San Francisco see the highest gains, with Seattle up 114%!

[Sam McGill @SamMcGill_CRE]

@CoyDavidsonCRE Yikes at $95 PSF going in plus TI’s and fees that deal is very thin.

[Sam McGill @SamMcGill_CRE]

@CoyDavidsonCRE Just curious, what are gross rents and opex for this building?

[Sam McGill @SamMcGill_CRE]

@kenashley No better feeling as a tenant rep on Friday before a long holiday weekend.

[Nick Perkins @NickyPerks]

This and Carrie Underwood’s “Waiting all day for Sunday night” would fix all my problems

[Sam McGill @SamMcGill_CRE]

@kempton_timothy 💯

[Sam McGill @SamMcGill_CRE]

@CoyDavidsonCRE 💯

[Sam McGill @SamMcGill_CRE]

@CREAnonymous @CoyDavidsonCRE Bingo

[Sam McGill @SamMcGill_CRE]

@CoyDavidsonCRE Construction costs continue to be a problem for corporate america to go long office.

[Sam McGill @SamMcGill_CRE]

@FordLive 💯

[Sam McGill @SamMcGill_CRE]

@CoyDavidsonCRE Haha this one made me lol. Corporate real estate strategy 101 indeed