Ep 34: REI MBA: Are You Investing in the Suburban or CBD Office Sector? - with Jerry Kranzel
In this episode, Jerry Kranzel sits down with us for an interview and discusses the current state of affairs of the suburban and CBD (central business district) office sector as a whole and specifically around Philadelphia, PA.
Below are few topics that we covered during the interview:
✅ High-dense cities, office and thoughts on a new normal.
✅ Current Suburban and CBD physical occupancy within office.
✅ Why we have not seen many distressed sales in the section yet.
✅ Sub-lease space and why it is an important metric to track.
Jerry joined CBRE in 2012 and is a Senior Vice President with CBRE Capital Markets in Philadelphia and is a senior member of CBRE’s Institutional Properties Group.
Jerry has consistently been a top producer over his 20+ years of experience in investment sales, specializing in the sale of suburban and CBD office. His clients have included REITs, institutional and private equity owners and corporates sellers.
Prior to joining CBRE, Jerry held senior positions in investment sales with Jones Lange LaSalle and Cushman and Wakefield. And just to name a few of the clients represented, which includes: AIG, Bank of America, Children’s Hospital of Philadelphia, DuPont, Invesco, JP Morgan, Northwestern Mutual, Vanguard, Wells Fargo.
You can reach out and connect with Jerry by phone and by email. His phone # is: 215-561-8954. His email is: jerome.kranzel@cbre.com
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