Christopher Rising: CEO of Rising Realty Partners | Future Predictions for Office and Industrial Real Estate

Nov 24, 2021

Christopher Rising is Co-founder & CEO of Rising Realty Partners Estate and manages their day-to-day business activities while also serving on its Investment Committee. Drawing on his experience as Senior Vice President, Asset Transactions at MPG Office Trust, Inc., Chris is skilled at managing acquisitions and creative development. He is a current member of the Pasadena Chapter of the Young Presidents Organization and is a member of the Board of Overseers at Loyola Law School and a member of the board of RiverLA. Chris received his J.D. Law, Real Estate from Loyola Law School and his B.A. in History and Political Science from Duke University.

 

Chris joins me on the Realty Mogul podcast to share his insights into sourcing great acquisitions in office and industrial real estate and why he is passionate about leveraging technology in the sector. He discusses what he loves about the industrial space and why Rising Realty made the leap from office to industrial. Chris also dives into his post-COVID-19 predictions for office real estate, his belief that they will become hubs for teams as opposed to rows of cubicles.

 

“There's great real estate all across the country, and you got to be a sharpshooter — you have to understand what you don't know and hire for that.” - Chris Rising

 

This week on The Reality Mogul Podcast:

• Why Chris moved from law into real estate and how his family background impacted his decision
• Chris’ vision of building a company that was technologically forward and how that vision has evolved over the last 18 months
• Chris’ theory of investing in office space — what he is looking at when underwriting office lease rates
• What Tenant Improvements (TI) and Leasing Commission (LC) are and how they affect Rising Realty’s decision to invest in office space
• Who is making the decisions on where companies position their offices in 2021 and why it’s changed
• Why Chris believes that the office isn’t dead, even after the COVID-19 pandemic
• how to find the ‘great bones’ of a building
• The supply and demand of office real estate and whether you are better off in a growth market with a lot of supply and the economic potential to make development attractive
• Markets that Chris is bullish on in office real estate and those he is more cautious about
• How Chris is taking his expertise in office real estate and bringing that to industrial
• Chris’ predictions of how industrial and office real estate markets will look in 5-10 years

 

Connect with Chris Rising:

• Rising Realty Partners Website
• Rising Realty Partners on LinkedIn
• Rising Realty Partners on Instagram

 

Connect with Realty Mogul:

• Realty Mogul Website
• Realty Mogul on Instagram
• Realty Mogul on Facebook
• Realty Mogul on Twitter