Which sector should I specialize in for my area? Office, Multi-family, or something else? I've included the area forecast inside the thread!
Hi everybody, I'm supposed to specialize in a sector and would love to know your opinion. I'm new to the CRE world, but I think the most interesting sector would be multi-family, as I'm looking to invest in that someday myself. Apparently, though, one of the top brokers for Office has moved, so there's an opening there that's needed.

I've included the [area forecast](http://media.weigand.com/files/company/39/7873/2017_Commercial_Forecast/) if you'd be willing to take a look. I really appreciate any help you can offer me!
[{"id": "dhtpk39", "text": "I'd take the office opening, nothing says you can't do multi-family if you have time and room for it", "replies": [{"id": "dhtqj3s", "text": "They did say that they have an extreme need for medical offices, so I could do that. Are there any unique advantages for each of the sectors? I was told that office is unique in that if someone leases w/ you, they're generally VERY loyal to you and that kind of stacks up over the years. Do you find that to be true? ", "replies": [], "depth": 2}], "depth": 1}, {"id": "dhu1sn5", "text": "So I wouldn't do retail or medical office; doctors are very \"know it all's\" and you as an \"expert in your field\" they will question you till no end... and then on top of that the doctor offices are usually very small.. 2-4,000 square feet.. so unless you like doing small deals.. I'd pass. The money right now is in Multi Family, Industrial, Office, representing tenants in those fields (except for Multifamily of course, that would be capital markets, and there's good money in that too for all of those sectors.)", "replies": [{"id": "dhute2h", "text": "I'd like to specialize in something that's going to do well over my entire career. I've heard office is relatively just stable, never hot or cold in terms of market. But is multi-family a feast or famine type market? It's my favorite niche I think, but is it a strong one? I know industrial's having a hard time in my area, and to be honest, it's not something I'm interested in. So I guess I'd be looking at multifamily and office, although my area is small enough I think I'd be handling both medical and regular offices", "replies": [{"id": "dhutkce", "text": "I'm an office broker tenant rep with one of the 3 big firms; I love office; it's relatively easy to understand and then you just have to generate market knowledge for your area. If you want to do medical office you can do 1 off's but I wouldn't.. I don't know how hot Multifamily will be in the long run, but right now it's good.. i feel like a multi family guy could one day go into office.. but an office guy going into multi family is tough.", "replies": [{"id": "dhuurfh", "text": "I'll have to ask the company a some questions I've got. I'm kind of leaning towards multi family because of my interest, especially since I'd like to invest in that someday, but office seems to have it pretty chill and looks more stable over the long run. Plus they have a big opening considering one of the top producers for office moved out. That does lead me to wonder if office is bad enough in my market  that she wanted to move or if she just had another reason to move ", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "dhv025h", "text": "Who told you the Wichita industrial market is weak? Wichita is interesting in that a large portion of your real estate is held by relativity few players and there is a huge difference between the haves in northern Wichita and the have notes in southern Wichita. If say the weakest sector is office due to changes in the national economy", "replies": [{"id": "dhv3ulf", "text": "Strangely one of the commercial real estate firm\u200b I talked to. But I didn't get a good vibe from them, so I wouldn't be surprised if they're wrong. So you wouldn't recommend office then? What sectors do you think it's be smart to specialize in then, considering the long term and not just how things are doing now? ", "replies": [{"id": "dhv4hk0", "text": "If your doing sales, I would grab the Sedgwick county list of sales for the last three years and see what type had the most sales and the highest $ amount total it's available in Excel format. If your going into leasing I would say go retail just because the slow office market. In a small market like that you will probably get into multiple property types.", "replies": [{"id": "dhv6esv", "text": "How do I find this list of sales? I've searched and can't seem to find it. \n\nIs sales or leasing generally more profitable? ", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "dhvbba7", "text": "Contact Sedgwick County. Kansas is a disclosure state for sales. In addition you can search their sales on the Sedgwick county website.", "replies": [], "depth": 1}]