Welcome to Behind the Building, a commercial real estate series where we uncover the strategy, the people, and the decisions that shape our built environment.
In this episode, I’m joined by Devon Hawkins, Assistant Professor at Elon University and Founder of Elite Economic Advisors. Devon brings her sharp economic insight to the table, offering a clear and practical breakdown of how key economic indicators are influencing commercial real estate decisions—from inflation and interest rates to tariffs and the “One Big Beautiful Bill.”
In this conversation, we explore:
How rising interest rates and monetary policy are reshaping lending and investment decisions
The ripple effects of tariffs on materials, development costs, and the CRE supply chain
What the “One Big Beautiful Bill” means for infrastructure, tax strategy, and long-term development
Why North Carolina—especially the I-85/40 corridor—is uniquely positioned for manufacturing and logistics growth
The role of shovel-ready land, infrastructure investment, and vacancy rates in choosing development sites
Economic strategy through the lens of opportunity cost, regional development, and policy priorities
Advice for CRE owners and brokers on how to cut through economic noise and plan smarter
Whether you’re a property owner, investor, developer, or CRE professional, this episode delivers actionable insight into how macroeconomic trends intersect with your commercial real estate decisions.
Key Takeaways:
Inflation control via interest rate hikes = tighter lending
Tariffs may spike material costs with few domestic substitutes
Tertiary markets like Alamance County & Burlington are poised for growth
CRE success today hinges on strategic site selection & forward-looking development planning
Connect with Us:
*Host: Emilee Collins, CCIM – Commercial Real Estate Broker in NC / https://www.linkedin.com/in/emileecollins/
*Guest: Devon Hawkins – Elite Economic Advisors / https://www.linkedin.com/in/devon-isaacs-hawkins/
