Ritter on Real Estate The Pros Of Investing In Industrial Real Estate With Chad Griffiths
In today’s episode of #RitterOnRealEstate, we sit down with special guest Chad Griffiths.
Chad has been an industrial real estate broker since 2005. Over the past 16+ years, he's completed over 500 transactions with clients ranging from local companies to large institutional owners. He's proud to be a perennial top producer and a partner with his firm.
In addition to earning SIOR and CCIM designations, he's earned a Diploma in Urban Land Economics from UBC and an MBA from Thompson Rivers University. He's given numerous interviews locally and nationally regarding the commercial real estate market and has had articles published in Forbes, Western Investor, and Real Estate Magazine.
Key Topics From The Episode:
-How Chad got his start in real estate. Getting his broker’s license in college.
-Chad's introduction to real estate working at a real estate industrial
- What got Chad into real estate great sources to learn about industrial real estate
-Understanding why their supply chain issues in the US
-Vacancy rates being low in industrial real estate
-Industrial and multi-family being similar
-Fears of e-commerce slowing down
-What drives real estate supply and demand cycle
-Chad's advice for getting started in industrial properties
-Why Industrial real estate is potentially better than multi-family.
-Key factors to look at when investing in industrial real estate.
-How Chad Griffith's analyzes risk when investing.
-The importance of vacancy in real estate.
Books Mentioned:
- Fulfillment by Alec MacGillis
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Production by Outlier Audio