Exploring Commercial Real Estate with Danny Khalil
In this episode of RESOLUT REveal, hosts Ray Kang and Martin Turner engage with Danny Khalil, an associate director of market analytics at CoStar, to explore the intricacies of commercial real estate. The conversation covers Danny's journey into the industry, the importance of data collection and market reports, and the dynamics of various property types including retail, office, multifamily, and industrial. They discuss the challenges and trends shaping the market, particularly in San Antonio, and delve into the future outlook for 2026. The episode also touches on the complexities of office-to-multifamily conversions and the growing significance of data centers in the real estate landscape.
Takeaways
* Danny Khalil emphasizes the importance of data in commercial real estate.
* Retail is the most diverse property type, making it complex to analyze.
* San Antonio is outperforming many other markets in terms of growth.
* Population and job growth are critical for commercial real estate success.
* Conversions from office to multifamily are challenging and expensive.
* The multifamily market is currently facing affordability issues.
* Industrial markets are seeing less construction but remain vital for logistics.
* Data centers are becoming increasingly important in the real estate sector.
* San Antonio's residential market is treading water better than others.
* Fast and steady growth is a key characteristic of San Antonio's market.
Sound bites
"I love to follow the research and the data."
"Retail is the most diverse property type."
"Conversions are extremely expensive."
Chapters
00:00 Introduction to Commercial Real Estate Insights
01:07 Danny Khalil's Journey into Real Estate
02:49 Understanding Market Reports and Data Collection
07:46 Navigating Different Property Types in CRE
11:37 Market Trends and Predictions for 2026
14:41 Key Considerations for Retail Brokers and Landlords
18:15 Market Dynamics: Home Values and Retail Impact
18:57 The Office Market: Challenges and Opportunities
22:27 Coworking Spaces: Trends and Future Outlook
26:16 Office to Multifamily Conversions: Feasibility and Challenges
29:50 Multifamily Market Trends: Demand and Supply Dynamics
34:34 Industrial Market Insights: Growth and Challenges
38:31 Data Centers: The Future of Industrial Real Estate
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Thanks to Danny Khalil for joining us. You can find him at:
https://www.linkedin.com/in/dannykhalil/
https://www.costar.com/author/0000017c-b933-d1fd-ab7d-bff3c9d90000/danny-khalil
RESOLUT REveal is a podcast by RESOLUT RE, where we unpack commercial real estate insights, market trends, and real-world conversations shaping today’s investment landscape.
Hosted by the RESOLUT RE team, the show is focused on helping owners, investors, and operators better understand what’s happening in the market—across retail, investment sales, leasing, and the broader economy—so they can make more informed decisions.
Each episode features practical analysis, candid discussions with industry professionals, and perspective drawn from active dealmaking and advisory work across Texas and beyond.
Whether you own commercial property, invest in real estate, or work in the industry, RESOLUT REveal is designed to bring clarity, context, and insight—without the noise.
Learn more at resolutre.com.