About this episode

Mike McDonald discusses the current state and future of the U.S. office real estate market, including investment strategies and the impact of AI.

In this special guest episode of The TreppWire Podcast, we sit down with Mike McDonald, Senior Managing Director of JLL Capital Markets, Americas, to unpack the current reality and outlook of the U.S. office real estate market. Mike shares his career journey, from managing boutique firms to co-leading JLL’s national office investment platform, and offers a 25-year perspective on how office real estate has evolved, particularly in the wake of COVID-19. He explains why traditional Class A and Class B labels no longer tell the full story and how JLL’s new tiering system better evaluates office assets based on quality, location, and vintage. Despite the challenges facing the sector, Mike remains bullish on office investment, and he walks through his three core investment strategies. We also highlight opportunity-rich markets such as Dallas and Austin and discuss AI’s impact on the sector. Tune in now. Episode Notes Background & Start in the Industry (1:18) Office Sector Evolution (3:08) Three Strategies for Investing in the Office Sector (14:36) Market Trends & Cycles: 2023 to Today (23:28) Opportunities in Dallas and Austin (26:54) AI's impact on the Office Sector (36:47)…

People in this episode

Guest: Mike McDonald

Topics covered

• office real estate
• investment strategies
• market trends
• COVID-19 impact
• AI in real estate

Keywords

• office market
• investment
• real estate
• COVID-19
• AI
• Dallas
• Austin

Mentioned in this episode

Organizations: JLL Capital Markets

Places: Dallas, Austin, U.S.

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