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IRVINE, CA—The older members of the Millennial generation are beginning to have families, which is shifting their priorities. This is a wakeup call for the commercial real estate industry, David Senden, a principal with KTGY Group Inc., tells GlobeSt.com exclusively.

Millennials are having children,” says Senden. “The leading edge of this generation is in their mid-30s. Their careers are in full swing, and babies are here. No longer is the latest coffee shop or nightclub on their mind; rather, now it’s all about schools, parks and having the space to raise a family.”

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