Join me and Ward Richmond, Executive Vice President with Colliers International, as we chat about supply chain real estate, including warehouse, distribution centers, truck terminals, last mile hubs, manufacturing facilities and industrial land.

Ward is an expert in supply chain real estate strategy having negotiated over 500 transactions in 50+ cities all over the world. We had a fantastic conversation discussing some major trends pertaining to the industrial real estate market, as well as a completely unrelated topic at the end that I think you might find quite fascinating!

0:00 - Introduction

3:20 - Dealing in an industry with low inventory

7:00 - Market data / stats across North America

12:40 - Are tenants price takers right now?

16:53 - Multi-story industrial properties

18:53 - Industrial lease rates across the country

20:23 - How long will this trend last?

23:50 - Older vs Modern Industrial Properties

27:19 - Are we at risk of over building?

30:57 - Green initiatives in Industrial Properties

33:07 - How to get more market intelligence

35:28 - Getting in touch with Ward

36:48 - BONUS section - Alcohol & Mental Health

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SHOW NOTES:

Connect with Ward on LinkedIn: https://www.linkedin.com/in/wardrichmond

Learn more about Ward: https://supplychainrealestate.com/about-ward/

Supply Chain Now podcast: https://supplychainnow.com/

International Warehouse Logistics Association: https://www.iwla.com/

BONUS NOTES:

The High Functioning Alcoholic Part 1: https://medium.com/@wardrichmond/the-high-functioning-alcoholic-df225e6019d

The High Functioning Alcoholic Part 2: https://medium.com/@wardrichmond/the-high-functioning-alcoholic-part-ii-59a2e8d9fa5a 

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🙋 Chad Griffiths, MBA, SIOR

NAI Commercial Real Estate Inc.

#industrialrealestate #industrialrealestateshow #supplychain