CRE Q Kentucky

Louisville Commercial Real Estate Summit a crowd-pleaser

Louisville Apartment Market Update and Forecast panel: Brian Evans, Cityscape Residential; Bill Leffew, Bellwether Enterprise; Craig Collins, moderator, Cushman & Wakefield/Commercial Kentucky; Steve LaMotte, Jr., CBRE; Mitchell Colins, Denton Floyd Real Estate; and Mark Lechner, LDG Development. Louisville Apartment Market Update and Forecast panel: Brian Evans, Cityscape Residential; Bill Leffew, Bellwether Enterprise; Craig Collins, moderator, Cushman & Wakefield/Commercial Kentucky; Steve LaMotte, Jr., CBRE; Mitchell Colins, Denton Floyd Real Estate; and Mark Lechner, LDG Development.
Louisville Market Update, Industrial, Office, Retail, Opportunity Zones & Investment panel: Stephan Gray, Cushman & Wakefield/Commercial Kentucky; James Seiffert, Stites & Harbison; Larry Hausman, Marcus & Millichap; Seth Edens, TRIO Commercial Property Group; David Williams, CBRE; and Karen Koch, moderator, Bedford Cost Segregation. Louisville Market Update, Industrial, Office, Retail, Opportunity Zones & Investment panel: Stephan Gray, Cushman & Wakefield/Commercial Kentucky; James Seiffert, Stites & Harbison; Larry Hausman, Marcus & Millichap; Seth Edens, TRIO Commercial Property Group; David Williams, CBRE; and Karen Koch, moderator, Bedford Cost Segregation.
Josh Landry, Buckingham Properties; Michael Powers, MOLTO Properties; Gill Holland, Portland Investment Initiative; Dustin Coffman, Hollenbach-Oakley; Sally Judah, Jefferson Development Group; Jake Brown, The Marian Group; and Mary Ellen Wiederwohl, moderator, Louisville Forward. Josh Landry, Buckingham Properties; Michael Powers, MOLTO Properties; Gill Holland, Portland Investment Initiative; Dustin Coffman, Hollenbach-Oakley; Sally Judah, Jefferson Development Group; Jake Brown, The Marian Group; and Mary Ellen Wiederwohl, moderator, Louisville Forward.
Amber Martin, with Churchill McGee, and Theresa Carnes, with TRIO Commercial Property Group. Amber Martin, with Churchill McGee, and Theresa Carnes, with TRIO Commercial Property Group.
Members of WCRE Louisville in attendance included Florence Brown, Mint Commercial Realty; Melissa Cobb, Signarama Downtown; Karen Koch, CPA, Bedford Cost Segregation; Cyndi Whitmer, Integra Realty Resources; Colleen Perkins, Cort Furniture Commercial Division; Suzanne Sturgeon, Bedford Cost Segregation; and Victoria Mayer, Gensler. Members of WCRE Louisville in attendance included Florence Brown, Mint Commercial Realty; Melissa Cobb, Signarama Downtown; Karen Koch, CPA, Bedford Cost Segregation; Cyndi Whitmer, Integra Realty Resources; Colleen Perkins, Cort Furniture Commercial Division; Suzanne Sturgeon, Bedford Cost Segregation; and Victoria Mayer, Gensler.

Louisville’s commercial real estate market is a strong one, with all the main sectors – multifamily, industrial, office and even retail – showing strength. That explains the big crowd – more than 150 CRE professionals – that filled the conference room at the Omni Hotel for REjournals.com’s and Midwest Real Estate News’ fourth annual Louisville CRE Summit.

The event featured the biggest names in Louisville’s commercial real estate market talking about its strength and the future trends they see.

And what did they discuss? The industrial market in the Louisville area remains hot, with many tenants struggling to find the modern space they need. Multifamily is hot, too, as new developments fight over renters by offering ugraded amenity packages.

The Louisville-area office market remains steady. As in other Midwest cities, developers are renovating older office space to provide these buildings with modern amenities. If they don’t, they’ll struggle to attract new tenants. And while physical retailers are facing the same problems they encounter in other cities, savvy retailers are selling experiences to fight back against the growth of online retailers.