Retail and Student Housing Trends in Michigan and Beyond | The Crexi Podcast

This episode unpacks the latest student housing and retail commercial real estate trends in Michigan with George Abro, Principal at Altitude CRE.
The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with top CRE professionals. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate.
In this episode of The Crexi Podcast, host Yannis Papadakis sits with George as he recounts his journey from starting an online business to becoming a prominent figure in Michigan’s commercial real estate market. He emphasizes the importance of work ethic, daily habits, and continuous prospecting to achieve success.
The discussion covers key topics such as mentorship, staying informed on market trends, and the evolution of Michigan CRE over the last five years. George also delves into the impact of macroeconomic shifts, political events, and technological advancements on the industry. Listen in to discover strategies for navigating challenges in commercial real estate and hear parting advice from George, along with information on how to connect with him for further insights.
00:00 Introduction to The Crexi Podcast
00:29 Meet George Abro: Background and Career Beginnings
01:53 Early Career Challenges and Lessons Learned
06:59 Work Ethic and Daily Practices
09:16 Creating Value and Building Relationships
12:30 Memorable Transactions and Success Stories
15:29 Supporting New Brokers and Ongoing Education
19:16 The Importance of Continuous Learning
19:57 Market Trends and Industry Shifts
20:23 Michigan's Unique Market Dynamics
25:19 Impact of Macroeconomic Shifts
32:04 The Role of Brokers in a Tech-Driven World
33:35 Rapid Fire Questions and Advice
37:51 Final Thoughts and Contact Information
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About George Abro:
George is a principal at Altitude Commercial Real Estate. Specializing in investment sales, he is focused on representing landlords and implementing strategies that assure sellers are not leaving money on the table.
George has closed on notable deals across the country including representing clients on multiple 8 figure transactions. He is a certified commercial investment member with the CCIM institute, an active member of ICSC, and Chaldean Chamber of Commerce.
George is passionate about the industry and his love for commercial real estate has helped his clients make decisions that produce long term success. Outside of the office, George helps coach youth wrestling.
About Crexi:
Crexi is transforming commercial real estate with advanced, integrative technology and data analytics designed to accelerate every CRE stakeholder’s success. From trading properties to machine-learning-powered industry Intelligence, Crexi’s intuitive CRE solutions accelerate transaction velocity and have empowered over 3 million active monthly users to close more than $615 billion in deals and market over $7 trillion in property value.