The Industrial Real Estate Podcast
Industrial Real Estate in 2024 featuring Sean Dalfen
Feb 27, 2024
Sean Dalfen, President and CEO of Dalfen Industrial, discusses the industrial real estate market in 2024. Topics include interest rates, identifying potential markets, Class A industrial strategy, tenant requirements, solar panels on industrial buildings, and outlook for industrial real estate.
38:17
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Quick takeaways
- Strategic location choices with quality labor pools can lead to high occupancy rates and lower logistics costs for industrial developments in areas like Mesquite.
- Investment in prime coastal markets at discounted prices, cautious approach in 2023 due to economic uncertainties, and anticipation of increased deal activity in 2024 align with the evolving industrial real estate market trends.
Deep dives
Strategic Development in Mesquite Neighborhood
The speaker discusses a successful development project in Mesquite, an area known for its strong workforce appeal to employers. By strategically investing in a location with access to quality labor pools, the project achieved high occupancy rates swiftly, leading to lower logistics costs for businesses.
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