Commercial Properties Awaiting Development, Navigating New Dynamics, Kernersville Acquisition, Office-to-Residential Conversions

A look at five Lansing-area commercial properties awaiting development. Navigating the choppy waters of commercial real estate's new dynamics. Kernersville commercial real-estate tract sold for $3.55 million. Office-to-residential conversion challenges and trends in downtown resurgence.

Sources:
https://www.lansingstatejournal.com/story/news/local/2024/03/24/lansing-area-commercial-properties-for-sale-lease/72986576007/
https://intpolicydigest.org/the-platform/navigating-the-choppy-waters-of-commercial-real-estate-s-new-dynamics/
https://journalnow.com/news/local/business/real-estate/kernersville-commercial-real-estate-tract-sold-for-3-55-million/article_7b203714-e86d-11ee-bd04-b3c0f931aa56.html
https://www.geekwire.com/2024/office-to-residential-conversion-is-a-trendy-idea-for-downtown-resurgence-but-has-big-challenges/

Outline:
(00:00:00) Introduction
(00:00:42) That's still for sale? A look at five Lansing-area commercial properties awaiting development
(00:03:47) Navigating the Choppy Waters of Commercial Real Estate's New Dynamics
(00:05:51) Kernersville commercial real-estate tract sold for $3.55 million
(00:07:44) Office-to-residential conversion is a trendy idea for downtown resurgence — but has big challenges