The Commercial Real Estate Investor Podcast 324. We Stopped Buying Apartments Because of Deals Like THIS
Jun 30, 2025
Join Dave Codre from Greenleaf in Atlanta as he shares insights into the world of commercial real estate, particularly his shift from multifamily to flex spaces. He discusses the advantages of flexible layouts that attract diverse tenants and the importance of strategic maintenance for enhancing tenant satisfaction. Dave also delves into the financial aspects of investing, emphasizing double-digit returns and transparent profit splits. Learn about the Friars Crossing deal and why clean, functional spaces can significantly drive occupancy and market value.
AI Snips
Chapters
Transcript
Episode notes
Flex Space Versatility Advantage
- Flex space offers unmatched versatility compared to multifamily or office real estate.
- Its diverse tenant mix allows quicker leasing and less emotional tenant negotiations.
Add Value Through Flexibility
- Focus on properties that can be divided into customizable suites to add value.
- Target full occupancy and market rents by positioning well during tenant turnover.
Work Logically with Commercial Tenants
- Treat commercial tenant relationships as logical partnerships based on cost and function.
- Verify references and financials like tax returns before lease commitments.