JF3250: Faraz Hemani — 3-Step Formula for Succeeding in Self-Storage, Why Flex Industrial Is the Best-Kept Secret in Real Estate, and How to Compete in a Crowded Self-Storage Industry
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How to Get Into Flex Space
If you can do well in storage, you'll do well in flex. Storage is a lot harder operation than most other asset classes because you nailed it. The shopping center took like an hour a month to manage. It was awesome. But we stuck with storage because we felt like in retail, you didn't have an edge. We were going to be better than a lot of other operators there. And that's why we gravitated that way. Would you go back into retail? For the right opportunities, I think so.
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