What do population growth, construction costs, and classrooms have in common?

Mike Macri, CBRE Vice President and Iowa State professor, connects the dots between market trends, development strategy, and the next generation of real estate leaders. Mike unpacks what's really driving commercial real estate in Iowa and why education, economics, and execution matter more than ever.

Mike discusses the shifting demand toward suburban areas, the rise in construction costs, and the importance of strategic planning in today's interest rate environment. He also emphasizes the role of population growth in driving market health and the importance of training future professionals through Iowa State's MRAD program. Whether you're an investor, developer, or student of the game, Mike brings valuable insight from every angle.

🧠 Mike Macri's Top 5 Takeaways:
• Why suburban demand is reshaping office and industrial trends in Iowa.
• How rising construction costs and interest rates are impacting feasibility.
• Why smaller industrial footprints are gaining popularity in key markets.
• How population growth underpins long-term economic and real estate success.
• Why the MRAD program at Iowa State is critical for developing future real estate leaders.

👤 About Mike Macri:
Mike Macri III is Vice President at CBRE, an Associate Professor of Practice at Iowa State University, and a nationally respected voice in commercial real estate. With over 20 years of experience, Mike has completed more than 10 million square feet in leasing transactions and led nearly 2 million square feet of development projects. His strategic work spans national tenants, institutional investors, municipalities, and educational clients.

In addition to brokerage and development, Mike is an expert in economic development, serving as a consultant to cities, school districts, and regional growth initiatives across Iowa. As a professor, he helps shape the next generation of real estate professionals through Iowa State's Master of Real Estate Development (MRAD) program. Holding designations including CCIM, MRED, and CRE, Mike brings together academic insight, field-tested experience, and a people-first approach to every project.

Contact Info:

LinkedIn | https://www.linkedin.com/in/mike-macri-iii-ccim-mred-cre-5856bb231/

Website | https://www.cbre.com/people/mike-macri