PHOTO: Courtesy CBRE
Amy Bowser
Executive vice president at CBRE
In April, Amy Bowser moved to CBRE after 24 years at rival JLL.
“At a time when, understandably, many companies were strained and stressed for resources, I was impressed by the commitment CBRE made to bolster their resources during the pandemic,” Bowser, a noted leasing ace, said. “In the current market, it is critical to have strong leadership, brand recognition, the best information, and powerful resources. CBRE’s platform and tools give us the ability to rise above the noise and headlines of the marketplace.”
Since 2021, her team has completed nearly 2 million square feet of leases in the region — a significant amount in the midst of a pandemic, requiring a lot of expectation management, creativity in transaction structure and, most important, focus on fiduciary duties in an often confusing marketplace.
“Now more than ever, in this murky financial real estate environment, it takes solid information, effort and conviction to help clients execute favorable transactions,” Bowser said. “We want to continue to serve as advisers, not just brokers, by helping our clients make fact-based decisions from a position of strength, and not allowing for conflation with just the last deal in the market. When representing landlords, it is my job to help create value, not distress, with our transactions.”
Over the next six months, Bowser expects more of the same, which includes navigating the nuances of the market as the D.C. region continues to adjust to new post-pandemic office occupancy standards and economic headwinds.
“Office footprints have been shrinking, but demand for modern, high-quality office space will remain strong,” she said. “We have a very limited pipeline for new development and continued constraints in the capital markets. As a result, our well-capitalized investor clients that are able to align their assets with the updated standards will benefit.”