The Weekly Take from CBRE

LBA Realty's John Garrigan and Eric Brown and CBRE’s Matt Carlson discuss the resilient drivers propelling growth in the San Diego market. They also make a compelling case for value-add office investments, dissect the nuances of industrial capital markets and explore the role of relationships in navigating opportunities.

• Industrial leasing is gaining momentum.
• A flight to quality still defines office demand.
• Smart value‑add strategies can restore positive leverage in certain sectors.
• In industrial & logistics, infrastructure, power and relationships are key.
• San Diego’s economic diversity lessens volatility.

Secondary investments and recapitalizations help investors find opportunity in uncertain markets. Brookfield’s Chris Reilly and CBRE's Matt White break down what returns to expect, why disciplined leverage matters and how strong operators are winning right now.

· Secondary investing lets investors buy into real estate deals midstream, with the benefit of first seeing real performance data.
· Recapitalizations are increasing as billions of real estate debt is coming due and owners need fresh capital.
· Keeping debt levels around 60% or less helps investors weather market downturns.
· Brookfield targets 12%–14% net returns in its value-add funds.
· Hands-on operating expertise matters more than financial engineering.

CBRE Global Head of Research Henry Chin discusses Q1 2026 investment performance and the prospects for the rest of the year. He opines on inflation, interest rates, resilient fundamentals, geopolitical uncertainty and key sectors to watch.

Under Armour’s Kathy Blessington shares the playbook for using real estate to support performance, culture and growth. From headquarters planning to retail and supply chain strategies to community engagement, Kathy explains how intentional, flexible spaces help global companies stay competitive and future-ready.

Corporate real estate can be a powerful strategic asset, driving productivity, collaboration and business performance.
Modern workplaces are shifting away from individual workstations to collaborative, brand-forward environments that better support how teams work today.
A well-designed headquarters can support innovation, operations, sustainability and community engagement.
Large, global portfolios require intentional design that balances brand consistency with flexibility across offices, retail and logistics space.
Building flexibility into real estate portfolios allows companies to adapt more easily to hybrid work, new technologies and evolving business needs.

Retail’s recovery is real—and the best centers are winning through reinvention. Macerich CEO Jackson Hsieh and CBRE Retail Services Lead Todd Caruso discuss what it takes to create premier destinations today: complementary tenant mix, compelling anchors and using experience + technology to drive traffic and performance.

· Retail underwriting now hinges on a small set of KPIs that illuminate performance.
· Trade‑area analytics help focus capital on the right assets.
· Anchor tenant strategies and discipline about occupier selection translate into pricing power.
· Mobile data helps property owners maximize asset performance.
· Leasing velocity drives NOI growth.