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#264 - Nick Huber & Mitchell Baldridge - How Twitter Changed Our Lives, Real Estate Market Updates, and the Glorious Cost Segregations
The Fort - An Entrepreneurship Podcast
Is There a New Supply of Class B Industrial Storage Units?
There is no new supply of class B industrial. There is none. It's actually depleted. So a developer looks at self storage and they say, oh, I can go buy a piece of property for three or four million bucks. Chris: The buildings you're buying, Chris, they take six, seven, eight acres. They're trading under $200 a foot. You can't build them and make a profit.
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