Colliers launches Executive Exchange series in Florida

Orlando, FL, Apr. 9, 2025 – Colliers Florida has launched a new thought-leadership series, Colliers Executive Exchange. The thought leadership series brings together Colliers senior executives and industry leaders to share valuable insights and discuss the latest trends in commercial real estate. The first Colliers Executive Exchange was held on March 27 at the Citrus Club, which highlighted the dynamic retail market in Orlando.

Alex Evans, managing director and Orlando market leader for Colliers moderated the panel, which discussed the future of the retail market, focusing on shifts in capital, rising construction costs, and how inflationary pressures and fluctuating consumer spending are prompting retailers in Orlando to adjust their strategies.

“Retail is at the forefront of the real estate evolution, with significant shifts in consumer behavior, the rise of e-commerce, and evolving economic conditions that are impacting retail investment opportunities and growth,” said Evans. “With current economic policies and rising tariffs influencing the retail landscape, what better way to kick off this series than to feature the evolving retail market in Central Florida.”

Speakers at the March 27 event included:

• Craig Kopko, executive vice president of development at WMG Development
• Stephen Trommsdorff, vice president of construction, South at Brixmor Property Group
• Brad Peterson, vice chairman at Colliers, who focuses on multi-tenant and single-tenant retail investment sales
• David Gabbai, executive vice president at Colliers, a site-selection expert with extensive experience in the restaurant, hospitality and retail industries

The discussion also covered the impact of current economic policies, including tariffs, and how they are affecting construction costs for new retail developments, with valuable insights provided through the moderation of Alexie Fonseca and Jorge Rodriguez, CCIM during the Q&A.

“The recent tariffs have had a notable impact on retail development costs, especially with materials coming from international markets,” said Gabbai. “Canada, being one of the primary sources for construction materials, has been significantly affected by these tariffs. As a result, we’re seeing increased costs, which could affect timelines and investment decisions. However, the market in Orlando remains resilient, and we’re seeing creative solutions being implemented to navigate these challenges.”

Shifting focus, Peterson shared that relative to other asset classes, retail is having its moment in the sun.

“Investors are looking at retail as a favorite asset class and want to invest in it,” he continued. “It's a great place to put money with all the strength on the operational side. In Orlando, we’re also seeing a lot more institutional capital coming back into the market. Things are really starting to loosen up, which is exciting for everybody in our business.”

The panel also discussed strategies for mitigating rising construction costs while maintaining project timelines and investment goals. They stressed the importance of innovation and adaptability in navigating these challenging economic conditions.

“We’re strong on retail and believe in it, not just across the United States but especially in Orlando,” said Kopko. "Orlando has a unique advantage with its booming residential growth driven by tourism, but perhaps the real story is the strength of cap rates. Cap rates are exceptionally strong in Orlando and across Florida, which is something we pay close attention to when looking at opportunities in the market,” he continued. “This makes Orlando a particularly attractive market for retail investments, with strong fundamentals that provide stability and growth potential.”

When asked about plans for their extensive territory in the South, Trommsdorff said, "Being at the heart of the community is central to our culture, and Orlando is especially important to us, with Pointe Orlando being the pinnacle of our properties. We are committed to investing in the city’s growth." He added, "When it comes to development, material choices depend on local codes and geography, and it’s about balancing tenant demand with cost and return on investment. Our territory spans from Texas to the Southeast, and markets like Orlando and Dallas are seeing similar demand and cost trends."

Reflecting on the discussions that took place, Kopko commented, "People getting together and talking about the market in a room – there’s really nothing that can replace that."

Trommsdorff added, "It was a great conversation about the economic outlook for Orlando and the health of the retail environment, specifically in our market here. We look forward to having many more conversations and continuing these trends with the group on a regular basis."

“The goal of these events is to foster collaboration and knowledge sharing, while offering expert analysis and strategic recommendations,” said Aleine Lagasca, marketing director for Colliers Florida. “Ultimately, our goal is to empower decision-makers to make educated decisions and gain a competitive edge in the rapidly changing commercial real estate market.”

Each Colliers Executive Exchange session will bring together a curated group of professionals to explore key topics, market shifts, and emerging opportunities across various commercial real estate sectors. For more information or to inquire about collaboration opportunities, please reach out to Aleine Lagasca.

---

About Colliers

Colliers is a global diversified professional services and investment management company. Operating through three industry-leading platforms – Real Estate Services, Engineering, and Investment Management – we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately 20% compound annual returns for shareholders, fueled by visionary leadership, significant inside ownership and substantial recurring earnings. With annual revenues exceeding $4.8 billion, a team of 23,000 professionals, and $99 billion in assets under management, Colliers remains committed to accelerating the success of our clients, investors, and people worldwide. Learn more at corporate.colliers.com, X @Colliers or LinkedIn.