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Mid-Year 2026 Commercial Real Estate Update: What We’re Seeing in the Market

Every January, there’s plenty of speculation about where commercial real estate is headed.

By July, we have something even more valuable: real insight from the conversations happening every day between owners, operators, hiring managers, and candidates.

At Building Careers, we partner with commercial real estate firms across several markets, with Southern California continuing to be our largest. After hundreds of conversations during the first half of the year, one theme has become increasingly clear:

The market has shifted from waiting to executing.

While uncertainty hasn’t disappeared, companies have largely adapted to today’s environment. They’re no longer sitting on the sidelines waiting for perfect conditions. They’re making strategic decisions, pursuing opportunities, and investing in the people who will help them execute.

As someone who lives in the hiring market every day, I’ve found that recruiting is often one of the earliest indicators of where commercial real estate is heading. Hiring reflects confidence, priorities, and where companies believe they’ll create value over the next several years.

Here are a few trends we’re seeing halfway through 2026.

Hiring Is Back—But Every Hire Matters

Compared to this time last year, hiring activity has picked up meaningfully.

What’s different, however, is why companies are hiring.

Few firms are adding headcount simply because business is busy. Instead, nearly every search we’re working on has a clear strategic purpose—whether it’s supporting acquisitions, strengthening asset management, improving operations, or preparing for long-term growth.

Companies are asking themselves a different question than they were a few years ago.

Instead of, “Can we hire?” they’re asking, “Who is the right person to help us execute our business plan?”

That shift has created a much more intentional hiring market.

Asset Management Continues to Be Front and Center

If there’s one area that continues to generate consistent demand, it’s asset management.

Owners remain focused on maximizing NOI, executing business plans, navigating lease expirations, and making disciplined capital decisions. The ability to think strategically while also understanding day-to-day operations has become increasingly valuable.

We’re also seeing continued demand for professionals in acquisitions, property management, construction management, accounting, finance, and investment operations.

The common denominator isn’t necessarily a specific title—it’s the ability to create value.

Employers Are Raising the Bar

One trend we’ve noticed across nearly every search is that employers are becoming more selective.

They’re spending more time evaluating candidates, involving additional stakeholders in interviews, and placing a greater emphasis on long-term cultural fit alongside technical expertise.

At the same time, exceptional candidates remain in high demand.

The professionals who combine strong experience with excellent communication skills, curiosity, and business acumen continue to have multiple opportunities available to them.

Even in a more measured market, top talent doesn’t stay available for long.

Southern California Continues to Show Its Resilience

While we recruit across multiple markets, Southern California remains our busiest—and it continues to demonstrate why it’s one of the country’s most dynamic commercial real estate regions.

Industrial fundamentals remain solid, even as leasing activity has normalized from the historic highs of recent years. Office continues to evolve, with high-quality, well-located assets outperforming commodity space. Across nearly every product type, owners are placing greater emphasis on operational excellence, disciplined underwriting, and long-term value creation rather than relying solely on appreciation.

Perhaps the biggest change we’ve observed isn’t tied to a particular asset class at all.

It’s mindset.

The conversations have shifted from uncertainty toward execution.

Looking Ahead

If I had to summarize the second half of 2026 in one sentence, it would be this:

Companies have stopped waiting for the market to give them certainty—they’re building their businesses around today’s reality.

For employers, that means investing thoughtfully in the people who will drive the next phase of growth.

For professionals, it means staying visible, continuing to develop your skill set, and being ready when the right opportunity presents itself.

Commercial real estate has always been a relationship business. Markets will rise and fall, capital markets will evolve, and investment strategies will change. But great people remain the one constant behind every successful company.

I’m excited to see what the second half of the year brings, and as always, I’d love to hear what you’re seeing in your corner of the market. If you’re hiring, considering your next move, or simply want to compare notes on where the industry is headed, don’t hesitate to reach out!

-Carly Glova

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What Are Soft Skills? The 12 Essential Soft Skills

If so, if we identify as bad communicators or weak negotiators, are we just doomed?

If you’re applying for a job or looking to advance your career, you’ll need to update your resume to highlight your soft skills. These skills can include problem-solving, leadership, empathy, and communication. 

The modern applicant can expect to see some of the usual suspects under the requirements section. If you’re looking for a graphic design job, you’ll be expected to have fluency in Adobe CS. If you’re looking to become an in-house accountant, you can expect that you’ll need to be familiar with Quickbooks or complicated Excel spreadsheets.

What you might not be expecting is the importance of soft skills in the workplace. As healthy company culture becomes increasingly important, hiring managers are taking soft skills directly into account when hiring and promoting employees.

Read More: https://www.careercontessa.com/advice/soft-skills-definition/

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The workplace climate is burning us out

Workers can take only so much stress, and burnout occurs when workers face a chronic, unmanageable amount. The past couple of years have been stressful for workers. They are less optimistic about their company’s business outlooks and worried about potential or ongoing layoffs. In this research, we explore trends in Glassdoor reviews related to burnout.

Burnout rates continued rising into 2026

Workers mention burnout in Glassdoor reviews at much higher rates than they did before the pandemic, and those rates continued their climb. Burnout appears 2.5x more in reviews than before the pandemic in 2019, and were up 65% year-over-year in the first quarter of 2026.

Burnout mentions first climbed in mid-2021, appearing about 50% more than they had previously. This rate remained steady for a few years, but began climbing again in 2024. Last year saw the sharpest increase yet, as companies sought to contain costs and asked employees to adapt to an increasingly uncertain labor market.

Read More: https://www.glassdoor.com/blog/worker-burnout-2026/

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Executive Presence in the Modern Era: Balancing Authenticity, Authority, and image

Executive presence has long been linked to self-assurance, poise, and a professional appearance. It was something you could see in a boardroom: a dominating posture, a firm voice, and a crisp message that frequently characterized who “looked the part.” Today, that description falls short.

These days, a leader’s perception is shaped by every encounter that takes place in meetings, chat rooms, emails, and public channels. Therefore, executive presence is a system of signals that people perceive throughout time rather than a fixed quality.

It shows how well a leader matches their actions with their beliefs. This congruence is often reinforced by organizations based on core principles that prioritize integrity, service, and leadership – giving their presence a sense of consistency and credibility.

In this context, executive presence becomes the ongoing balance of authenticity, authority, and image. It is less about performance in a single moment and more about coherence across many.

Executive Presence as Perception Architecture

Executive presence is shaped by how others interpret a leader’s behavior. It is built through repeated signals that answer three key questions: Can I trust your judgment? Do I believe what you are saying? Do you meet the requirements of this role?

These inquiries correspond to three dimensions. Credibility and decision-making power are reflected in authority, sincerity and intent are seen in authenticity, and a leader’s image shows how well they live up to the expectations associated with their position. Whether it is a formal presentation or a prompt reply in a team thread, every encounter adds to these perceptions.

This is complicated since several dimensions are evaluated at the same time. Even if a leader makes a firm judgment, trust may erode if the tone comes across as cold. On the other hand, a leader who is approachable but unsure about their path could find it difficult to gain trust. When these signals constantly line up and reinforce each other instead of vying for attention, executive presence increases.

Continue Reading: https://ivyexec.com/career-advice/2026/executive-presence-in-the-modern-era-balancing-authenticity-authority-and-image

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How to Build Career Leverage Before You Need It

Career leverage gives you options and control over your journey. If layoffs happen or your company undergoes leadership changes, you won’t feel stuck if you have it.

Still, leverage isn’t something you should start building when you already feel stuck. Gaining it while your career is still stable ensures you don’t make decisions out of desperation or pressure.

Become the Go-to Problem Solver

Most employees show up to work, wait for instructions, and take no initiative. Break the habit to gain power. Start looking for broken systems and fix them before anyone asks. Focus on the tasks your coworkers avoid and find solutions to recurring problems.

For example, you can address system issues that slow down customer service. You could also create a guide to help new employees learn new tools faster. Improving these areas makes you the person holding the operation together.

Solving problems also allows leaders to view you as an asset instead of an expense. If the company goes through a difficult period and wants to cut costs, stakeholders will want to retain assets.

You don’t need advanced skills to be a problem solver in your workplace. Pay attention to issues affecting workflow and listen to your bosses’ complaints. Remove obstacles in your workplace to increase your value.

Develop Transferable Skills

Many professionals feel comfortable learning only what their current job requires. They get through their work days without a lot of issues, but don’t grow much. Being in a comfort zone exposes you to various risks. If your skills work only within one company, your options shrink when things change.

Gaining transferable skills helps you work across different industries, roles, and teams. Build these essential abilities:

Financial awareness is another critical transferable skill to gain. Understand how your company makes money and where it spends it. Improve your decisions by thinking of them in terms of the costs, values, and results they’ll bring.

Set aside a few minutes a day to build your skill set. Sign up for an online course or read industry publications to challenge your thinking. You should also practice the skills you gain in real situations.

Explore lateral career moves to understand how different departments in a company work. Doing so will change how you think and make you more flexible. You’ll also gain more confidence after learning to adapt and succeed in different positions.

Continue Reading: https://ivyexec.com/career-advice/2026/how-to-build-career-leverage-before-you-need-it

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The Ghost in the ATS: Why AI Won’t Save Bad Recruiting (But It Just Might Save Yours)

Let’s be brutally honest for a second: recruitment can sometimes feel like trying to solve a Rubik’s Cube in the dark while someone shouts conflicting instructions at you.

On one hand, hiring managers are demanding a mythical unicorn—a candidate with ten years of experience in a software language that was invented three years ago, willing to work for peanuts. On the other hand, candidates are (rightfully) demanding transparency, flexibility, and a hiring process that doesn’t feel like a trip to the dentist.

And sitting right in the middle of this chaos is you, the recruiter, armed with an Applicant Tracking System (ATS), a LinkedIn Recruiter seat, and an increasingly lukewarm cup of coffee.

Lately, the loudest voice in the room isn’t the hiring manager or the candidate. It’s the deafening buzz around Artificial Intelligence. But here is the philosophical truth we need to grapple with before we talk tech: You cannot automate authentic human connection.

If your underlying recruitment process is broken, feeding it into a shiny new AI tool won’t fix it; it will just help you make the same mistakes at scale. Let’s pull back the curtain and look at how the best talent acquisition teams are blending cutting-edge tech with raw, old-school empathy to win the talent war.

Continue Reading: https://theundercoverrecruiter.com/the-ghost-in-the-ats-why-ai-wont-save-bad-recruiting-but-it-just-might-save-yours/

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Self-Discovery: The foundation for confident career decisions

As Term 1 begins, you might be settling back into routines, catching up with friends or already thinking about what this year will bring. Whether you’re in Year 9 and starting to think about senior subject choices or in Year 12 with big decisions ahead, this term is an excellent opportunity to focus on the importance of understanding yourself.

Before you can make informed decisions about subjects, pathways or careers, it helps to know what genuinely interests you, what you’re good at and what matters to you. That’s what self-awareness is all about and it’s the foundation for every career decision you’ll make.

Why self-discovery matters

Think of your career journey like planning a trip. You need to know your starting point before you can map out the best route forward. Knowing your interests, strengths and values will help you make choices that align with who you are and what you want from your future. 

For Year 9 and 10 students, this means you can select senior subjects that genuinely suit you. For Year 11 and 12 students, it’s about refining your self-knowledge to make confident decisions about university, TAFE, apprenticeships or entering the workforce.

A simple activity to get started

Take some time this week to reflect on these questions. You might want to write down your thoughts in a notebook or on your phone: 

  • What am I naturally good at?
    Think beyond school subjects. Perhaps you’re skilled at explaining ideas, solving problems, bringing people together or working with your hands. 
  • What activities absorb my attention?
    Whether it’s coding, creating art, playing sport or building things, these moments reveal your genuine interests. 
  • What do I value?
    Consider what’s important to you: creativity, helping others, independence, job security, innovation or making a difference. 
  • What environments suit me?
    Do you prefer working independently or as part of a team? Indoors or outdoors? Structured routines or variety and flexibility? 

Look for patterns in your answers. These insights will help you understand what kinds of careers and study pathways could work for you. Discuss with your parent or your career advisor at school.


Explore myfuture

Now is a great time to explore the myfuture platform if you haven’t already. Browse through the occupation profiles, take the career quiz and discover new pathways. You’ll find careers ranging from engineers and graphic designers to nurses and agricultural scientists – many you probably didn’t know existed. 

The platform is designed to help you connect your interests and strengths with real-world job profiles. Spend some time clicking through different sections and save anything that sparks your curiosity.

You can begin with this section which shares high-level tips to kick start your term: Term 1: self-awareness. Six career exploration strategies for students. 

Continue Reading: https://myfuture.edu.au/career-articles/details/self-discovery–the-foundation-for-confident-career-decisions

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How to Deal with an Overwhelming Workload

If you’re like most professionals these days, your to-do list is longer than your actual day. When the volume of work exceeds your available time and energy, it’s easy to spiral into frustration or guilt.

But here’s the truth: an overwhelming workload isn’t necessarily a personal shortcoming. Often, it’s simply a logistical mismatch that requires deliberate recalibration.

Having trained professionals across industries for more than 15 years, I’ve discovered that there are only three real options when you’re overwhelmed. Everything else is a distraction or a delay.

Option 1: Reduce the Workload

This is the most obvious (and usually the most resisted) option. You can reduce your workload, but it requires conversations that most people want to avoid. You might need to renegotiate deadlines, reallocate responsibilities, delegate more intentionally, or leverage technology more effectively.

Resistance usually comes from a well-meaning place. You want to be seen as a reliable, capable, team player. But being overwhelmed doesn’t serve your team, your goals, or your personal wellbeing. You are a human being, with normal, natural human limitations of time and energy.

If your plate is overfull, ask: Who else can contribute here? What are more reasonable expectations I can advocate for? What tools or systems could help reduce my manual busy work?

Continue Reading: https://eatyourcareer.com/2026/01/how-to-deal-with-an-overwhelming-workload-article/

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Career Planning over the Christmas Break

It’s nearly Christmas!  The halls have been decked, Christmas cards sent and the presents are wrapped and under the tree. It’s time to wind down from a busy year at school, college, university or work, but if you have some time to spare over the holidays, why not use it to reflect, explore some careers ideas, write your CV, get some work experience and plan for your future? 

Explore career ideas

A career journey is a lifelong process and on average people will change careers three or more times in their lifetime.  Industries and jobs are continuously evolving, the same as you will!  The career you are interested in at your current stage of life may change as you grow and evolve as a person.  When planning your career and future goals you might consider:

Be curious about careers!  Look into the job market, trends, qualifications and responsibilities of different careers.  The National Careers service and Prospects websites provide free information to help you make informed decisions about learning, training and work at any stage of your career. Take a look at their guides to different careers:

National Careers Service – Explore Careers

Prospects: Job Profiles

Prospects: Job Sectors

If you are interested in an apprenticeship, you can browse to see which apprenticeship vacancies match your interests on the government’s Find an Apprenticeship website or take a look at Amazing Apprenticeships.

Create an action plan: Devise a plan that outlines your short and long-term goals and the steps you need to take to achieve them.  Your plan should be flexible to allow for change as needed.

Set SMART goals: Specific, Measurable, Achievable, Relevant, Time-bound goals. 

Continue Reading: https://www.futuresmartcareers.co.uk/blog/career-planning-over-the-christmas-break/

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6 Tips For Balancing Work and Family During Breaks

The holiday season is a time of celebration. Balancing work and family time can be challenging, especially when you work from home. When children are on holiday break, many parents experience a sense of guilt when work commitments pull them away from moments they’d rather be sharing with their loved ones.

But with the right strategies, you can stay productive, protect your well-being, and make the most of every moment with your loved ones. 

In this article, we’ll explore effective tips to help you navigate the demands of work and family during this holiday break.  These strategies will help you stay organized, reduce stress, and create meaningful memories.

1. Setting boundaries

One of the most important tips for balancing work and family is setting boundaries, not just for yourself, but for your entire family. Open communication with your partner, children, or other family members before the holiday break begins can help reinforce existing boundaries and introduce new ones that support everyone’s needs. To help you stay productive while keeping family time meaningful, you can try to: 

  • Share your meeting schedules so your family knows when you’re unavailable.
  • Agree on acceptable noise levels during working hours to minimize distractions.
  • Create activity boxes filled with games, books, or crafts your children can enjoy independently while they are waiting for you to become available.
  • Use educational apps, online classes, or virtual playdates to keep your children engaged
  • Establish visual cues like a “do not disturb” sign or wear headphones to signal that you shouldn’t be disturbed

2. Master time management and planning

Planning ahead is key to a smooth holiday break. Whether it’s mapping out work deadlines or fitting in family activities, having a clear overview helps reduce last-minute stress and sets realistic expectations for everyone at home.

You can also use shared family calendars or planners to help your family understand when you’re working and when you’re free. A schedule not only helps with balancing work and family but it also helps your family feel more involved and respected in the process.

Continue Reading: https://www.brighthorizons.com/article/parenting/6-tips-for-balancing-work-and-family-during-breaks

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