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Marcus & Millichap Webcast Panelists Divided on Remote Work, United in Retail Outlook

September 23, 2022

CALABASAS, CALIF. — While the widespread adoption of the hybrid work-from-home model resulting from the COVID-19 pandemic is having a dampening effect on demand for office space, it also is proving to have a positive impact on certain segments of retail. Those were some of the key takeaways from a webcast hosted by Marcus & Millichap that featured Dr. Lawrence Summers, former secretary of the U.S. Department of the Treasury, who offered his insights on timely commercial real estate issues and the near-term outlook for the U.S. economy.

Moderated by Marcus & Millichap CEO Hessam Nadji on Tuesday, Sept. 13, other featured speakers during the hour-long webcast included Conor Flynn, CEO of Kimco Realty Corp. (NYSE: KIM), and Swarup Katuri, managing partner at Brookfield Asset Management. The webinar, which was geared toward current and prospective investors in commercial real estate, attracted several thousand viewers, according to Marcus & Millichap, which is headquartered in Calabasas.
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