Will Pike

President @CBRE, Industrial & Logistics. Co-head - Net Lease Practice. Global Head - Corporate Capital Markets.

[Will Pike @will_pike]

https://t.co/OnBFWHKiD2

[Will Pike @will_pike]

@KirkHerbstreit Best breeder!

[Will Pike @will_pike]

@realEstateTrent 😂

[Will Pike @will_pike]

https://t.co/uClFWvtOU4

[Will Pike @will_pike]

CBRE Group to Acquire Industrious, Create New Business Segment https://t.co/ZeQLBbwEJp

[CBRE @CBRE]

Join us tomorrow for our 2025 U.S. Real Estate Market Outlook.

This discussion will provide valuable perspectives for #CRE investors and occupiers navigating future opportunities and challenges.

Register now: https://t.co/69vrV8iY3R

[Will Pike @will_pike]

@realEstateTrent Harrison is the man!

[Will Pike @will_pike]

@seanpatward Can’t wait to visit soon!

[Will Pike @will_pike]

@realEstateTrent Just sent you my favorite spot in our neck of the woods via text 🌮 - check it out

[Will Pike @will_pike]

@nytimes @BillSimmons

[Will Pike @will_pike]

@realEstateTrent 💪🏻

[CBRE @CBRE]

CBRE Group, Inc. announces plans to combine its project management business with Turner & Townsend, their majority-owned subsidiary.

Read the press release here: https://t.co/ndYViZHuaD

[Will Pike @will_pike]

We published our Net Lease Research report, which you can find in the thread below. For additional context, I’m confident the market will see meaningful improvement (slight cap rate compression and increased transaction velocity) for the remainder of the year after years of rate expansion.

Macro
· More favorable data readings should boost deal activity as we move through the second half of the year – not as much volatility

· I would never make the mistake of confidently forecasting the 10-year; however, I believe cap rates have plateaued even if this benchmark creeps up again (assuming it stays within a reasonable sub-5 range)

· The recent CPI report showed inflation is cooling, with 70% of the increases accounted for in shelter and gasoline

· The labor market has been moving into a better balance

· Investor confidence should improve as it becomes clear we’re moving into a more stable environment

· It’s likely that over the summer and through Q3, we’ll start to see capital get more active with deals materializing in Q4

· Capital is approaching this year in a different manner vs last year, with more appetite to deploy capital and look through noise

Sectors
Net Lease - We have seen an uptick in net lease activity the past couple of weeks – both in requested valuations and our sale processes

Sale-Leaseback Financing - M&A activity will be more active for the remainder of the year (feedback from our i-banking team and our banking friends at other firms) - increased M&A and high rates for traditional corporate financing will help volumes for the remainder of the year

Office – Leasing fundamentals are sound and improving, which was apparent in the recent public filings for commercial real estate services companies

Retail – Our retail inventory (over $13b) is robust, with a variety of offerings that have ample interest from a wide range of capital sources

Industrial – Fundamentals continue to be durable with infinite capital to deploy in the sector

Multifamily – Strong transaction velocity with favorable fundamentals – an uptick in volume will increase 1031 flow

Alternatives – All of our alternatives businesses are strong, with data centers being one of the most (if not the most) sought-after asset types in commercial real estate

Even if the economy slows or other headwinds arise, I believe the market is turning, as commercial real estate has traditionally gained share during these times. Let’s go!

@cbrecapitalmkts #retwit #icsc @CBRE

Net-Lease Investment Volume Falls at a Slower Pace in Q1 https://t.co/4OffudkyBM

[Will Pike @will_pike]

💪 @CBRE @cbrecapitalmkts

[Traded: Chicago @tradedchicago]

LOAN
IMAGE: Zachary Graham, Ryan Bain, Bentley Smith, Michael Caprile, Judd Welliver, Joseph Horrigan, Josh Krsnak, Will Pike & Victoria Gomez
DATE: 05/10/2024
ADDRESS: Industrial Portfolio
MARKET: United Stat...

View Post on Traded:https://t.co/E5GgEDMhU2

[CBRE @CBRE]

CBRE is proud to support the Business Improvement Districts (BID) that allow NYC to flourish as the real estate capital of the world with a refresh of our banner initiative throughout Manhattan. #CBRENYC https://t.co/8bg7myScPF

[Will Pike @will_pike]

@TeamHerrold Ha - check your email. I sent you the Wells Fargo OM from our process 12 years ago!

[CBRE Capital Markets @cbrecapitalmkts]

We had the privilege to host a thought-provoking discussion with the brilliant @CondoleezzaRice at the 24th @CBRE Investor Symposium in Scottsdale, Arizona. Thanks to Ralph Rosenberg from @KKR_Co for moderating!

#CBREInvestorSymposium @ChrisLudeman

[Will Pike @will_pike]

@realEstateTrent Ha - have the same thought every time I walk by!

[Will Pike @will_pike]

@realEstateTrent @realEstateTrent - we covered a lot of ground this afternoon – I'm looking forward to our next chat!

[Will Pike @will_pike]

@realEstateTrent – I thoroughly enjoyed talking shop with you this afternoon! Looking forward to continuing the dialogue and ensuring that we send plenty of deal flow in your direction. You’re the man! 💪

[StripMallGuy @realEstateTrent]

Will Pike runs the corporate capital markets practice at CBRE.

He sent me a DM, and we just wrapped up a fascinating conversation.

This app is the best networking tool in history 🙌🏻🔥

Big things ahead @will_pike 🚀🚀