Jun
14
Posted (Kelly Huston) in Events on June-14-2007


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Or link here - http://blip.tv/file/266567

On Wednesday, leaders and experts from the local real estate community convened at the Double Tree Hotel in downtown Modesto for a day-long symposium on the state of real estate. Included in that mix was PMZ CEO Michael Zagaris and Duke Leffler, President of PMZ Commercial Real Estate. The keynote address by Mike helped answer many questions he’s often asked, such as; When is the housing market going to hit bottom? What happens when you enter a downturn in the market? What are the problems associated with today’s market? Why does Stanislaus and San Joaquin Counties have some of the biggest forclosure rates in the nation?

Duke provided keen insight into commercial office space costs and availability in the Central Valley. His panel presentation helped answer the questions, “Why is the commercial real estate market stable?” and “What is the realistic costs associated with new office construction?”

If you didn’t make it to the conference, not to worry. We’ve edited together both Mike and Duke’s speeches and uploaded it here on the PMZ Buzz for you to watch. Please make a comment and let us know what you think! Click below to watch Duke Leffler’s presentation.



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Or link here - http://blip.tv/file/266682


Comments:
paula leffler on June 15th, 2007 at 11:15 am #

really enjoyed Duke’s presentation, and he is really cute too…

Libby Leffler on June 15th, 2007 at 5:48 pm #

informative and bomb presentation

Mercedes Loredo on June 16th, 2007 at 3:43 pm #

Mr. Mike Zugaris is a world of knowledge. Awsome and informative. Please Please take the time to view.

Jake Benjamin on June 18th, 2007 at 7:21 am #

I believe proximity to SF is important in the next cycle. But it is interesting to note that people fail to note that global position should not be so important in an information age. If the quality of workers is low in the central valley and price of land is high why locate your work force there. Why not put it in say Michigan where land is cheap and you have a more educated population. If Michigan is a bad example think anywhere where there are educated people and relatively inexpensive land. We are always fighting the last war with the last weapons. I don’t doubt that there are reasons for economic centers, but if we have high bandwidth and high competition this would drive industry away from those centers. Clearly this trend is not one to dominate in say the next 5 years, but it will be one to consider at the point that we become a universally ultra high bandwidth society. In fact your community could benefit by billing itself as just a short drive and digitally connected to SF.

Terrie Green on June 19th, 2007 at 6:33 pm #

Educating ourselves to help educated our clients. Thank you Mike and Duke

Rachelle Silva on July 2nd, 2007 at 4:55 pm #

Michael is always inspiring even in potentially bleak times. I do view this market as an opportunistic one. When I hear Michael Speak I feel I have been in a class and should be taking notes and sometimes do.
Glad this speech was on. Rachelle

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