The Greater Raleigh-Durham Chapter 105 of the Institute of Real Estate Management’s (IREM) July meeting will feature speaker Brian Reece, Managing Partner at Karnes Research. Reece will present “Triangle Market Snapshot: Office, Retail, Industrial, and Apartments” at noon on Wednesday, July 20th at Raleigh Board of Realtors located at 111 Realtor’s Way in Cary.

Reece joined Karnes Research in 1996 as the Director of Research Services and is in charge of tracking the Charlotte, Triangle, and Asheville commercial markets that comprise more than 213 million square feet of office, industrial and retail properties, as well as more than 95,000 apartment units in the Raleigh-Durham area. He has also consulted public and private sector clients on issues such as economic development, housing, retail demand, office and industrial demand, apartment feasibility, and demographics.

Reece has been a frequent speaker of the Greater Raleigh-Durham IREM Chapter—providing market forecasts to the organization’s real estate membership. During his presentation, he will be discussing overall trends in vacancy rates, rental rates, net absorption, and current and future developments.

“It’s always a privilege to be asked to speak with the members of IREM,” says Reece. “It’s an invaluable resource for the real estate industry, and I’m proud of my association with such a professional and highly regarded association.” Reece hopes that the audience will leave having a better clarity of current market conditions in the Triangle area and take with them a projected forecast for the next 12-18 months.

Current IREM president, Jason Stowe, CPM®, says that Reece’s presentations are a highlight of their presentation season and are always well attended by members of the real estate community. He says he expects this meeting to be no exception.

“We’re always grateful for Brian giving IREM his time to present such important and relevant information to our membership,” says Stowe. “His industry insights, experience, and expertise always make him a valued speaker. Given the current uncertainty of the real estate market, Brian’s presentation is extremely timely and will be of particular importance to the real estate professional.”