The Not Podcast Podcast

5x5 with CompStak: Why OC Office Vacancy Just Hit a Turning Point

Orange County office just posted two consecutive quarters of positive absorption for the first time since COVID. What's actually driving the recovery, and which properties are getting left behind? In this episode of 5x5 with CompStak, host Brian Caldwell sits down with Mike Adams, market lead for Orange County office at Stream Realty Partners, to unpack the real dynamics reshaping Southern California's office landscape. Mike shares why tier one office vacancy has dropped to 9.8% while tier three product sits at 27% vacant, creating a widening gap between winners and losers. He explains how 4.35 million square feet of planned office demolitions are tightening supply and pushing tenants into higher-quality space at higher rents. Whether you're an investor weighing office exposure or a broker advising tenants, this episode offers a data-rich look at one of California's most active office markets.CompStak provides verified CRE lease comps, sale comps, and market analytics. Follow us on LinkedIn for more market insights. Keep up with CompStak on social: * Instagram: ⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/compstak/⁠⁠⁠⁠⁠⁠⁠ * YouTube: ⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@CompStak * LinkedIn: ⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/compstak/⁠⁠⁠⁠⁠⁠⁠ * X: ⁠⁠⁠⁠⁠⁠⁠https://x.com/CompStak⁠

New York Is Back. AI Is Complicating It.

New York office rents are up 28.5% from their post-pandemic trough, the strongest recovery of any major U.S. market. But the story behind that number is more nuanced than the headline suggests, and a new complication is showing up at the negotiating table: clients armed with AI tools that don't always get it right. CompStak Co-Founder and CEO Michael Mandel sits down with Gabe Marans, Vice Chairman at Savills, to unpack what's driving New York's recovery, why San Francisco is roughly two years behind, and what happens when 31% of Manhattan sublease space expires between 2026 and 2028. They also get into AI: how brokers are using it to sharpen their workflows, and why Marans is now spending time de-educating clients who arrive convinced they deserve lobby signage in a 3 million square foot building. Keep up with CompStak on social: * Instagram: ⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/compstak/⁠⁠⁠⁠⁠⁠⁠ * YouTube: ⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@CompStak * LinkedIn: ⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/compstak/⁠⁠⁠⁠⁠⁠⁠ * X: ⁠⁠⁠⁠⁠⁠⁠https://x.com/CompStak⁠

Link Logistics on Building the Data Foundation AI Actually Needs

Remember to eat your spinach first! (You'll get it after you listen to the episode). Most companies overlook the critical groundwork needed for AI success, and the consequences? Missed opportunities, sluggish decision-making, and falling behind in a fast-changing market. But those who get it right now? They’re building a future where data-driven decisions accelerate deals, optimize assets, and revolutionize operations. Matt Rand and Matt Ostrower from Link Logistics join us to reveal their journey to building a robust data foundation that accelerates decision-making and optimizes assets. Learn how their proprietary platform, Olinda, predicts property values and why organizational commitment from the C-suite is crucial. Keep up with CompStak on social: * Instagram: ⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/compstak/⁠⁠⁠⁠⁠⁠⁠ * YouTube: ⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@CompStak * LinkedIn: ⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/compstak/⁠⁠⁠⁠⁠⁠⁠ * X: ⁠⁠⁠⁠⁠⁠⁠https://x.com/CompStak⁠

Office Defaults Are Rising. Now What?

Nearly half of recently matured loans defaulted, most of them office. Michael Mandel and Steve Kuritz, Senior Managing Director at KBRA, explore what KLOCs reveal about the CMBS market, how conditions vary across major cities, and what the looming maturity wall means for office investors. Check out the KCP Index: https://www.kbra.com/analytics/products/kcp Keep up with CompStak on social: * Instagram: ⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/compstak/⁠⁠⁠⁠⁠⁠⁠ * YouTube: ⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@CompStak * LinkedIn: ⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/compstak/⁠⁠⁠⁠⁠⁠⁠ * X: ⁠⁠⁠⁠⁠⁠⁠https://x.com/CompStak⁠

AI in Brokerage: What Actually Works (And What Doesn’t)

Artificial intelligence is everywhere in commercial real estate, but what’s actually working for brokers right now? Michael Mandel sits down with Topher Stephenson, Co-Founder of CRE AI Studio, to break down how AI is being used in CRE brokerage today, from CRM workflows and deal sourcing to pitch deck creation and data analysis. They explore the gap between big firms investing heavily in AI from the top down and individual brokers trying to improve their day-to-day productivity. Keep up with CompStak on social: * Instagram: ⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/compstak/⁠⁠⁠⁠⁠⁠⁠ * YouTube: ⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@CompStak * LinkedIn: ⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/compstak/⁠⁠⁠⁠⁠⁠⁠ * X: ⁠⁠⁠⁠⁠⁠⁠https://x.com/CompStak⁠