The Crexi Commercial Real Estate Podcast | CRE Insights & Strategies

Navigating Demand for Industrial Net Leases

Jul 20, 2022

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Today, The Crexi Podcast examines the industrial sector with Tivon Moffitt and Peter Bauman of Institutional Property Advisors at Marcus & Millichap.

The Crexi Podcast explores various aspects of commercial real estate in conversation with top industry professionals. In each episode, we feature different guests, tapping into their wealth of expertise and exploring the latest trends in commercial real estate.

In this episode, Crexi's Matt Cors sits down with Moffitt and Bauman to discuss what’s going on in the industrial market, especially with changing demand, growing interest rates, and the active movement of capital.

Their wide-ranging conversation covers:

How the past few years have altered the industrial sector, with a current state of low vacancy, increased tenant demand, and rent growth.
A look at the limitations of California industrial, particularly in the Inland Empire, and what’s positioning Phoenix and other Southwest markets for success.
How Phoenix and Las Vegas are growing industrial players thanks to competitive land and labor costs.
Measuring trends in broader economic activity with respect to increased demand and growing interest rates.
Crucial tips for success in the corporate CRE environment.
And much more!

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For show notes, past guests, and more CRE content, please check out Crexi Insights.

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About Tivon Moffitt:

Tivon Moffitt specializes in the acquisition, disposition, and recapitalization of Arizona's institutional office and industrial properties. He also has substantial experience in single-tenant office and industrial investment throughout the United States. He has worked with major investors, including REITs, institutional investors, private equity groups, private capital investors, 1031 Exchange investors, and foreign investors.

Moffitt previously worked at JLL, Colliers International, Grubb & Ellis, and Marsh & McLennan Companies. This experience gave him a deep understanding of how corporations approach space requirements and utilization throughout the United States. He earned his Masters of Corporate Real Estate from CoreNet Global and his Bachelor of Arts from the University of Pennsylvania. Tivon is a member of NAIOP and ICSC.

About Peter Bauman:

Peter Bauman is a Senior Director of Institutional Property Advisors (IPA) , a select division of Capital Markets experts at Marcus and Millichap that specializes in the sale, purchase, and recapitalization of industrial, medical, office, and retail properties throughout the US. Peter has sold over $2 billion of assets nationwide throughout his career. Peter and his team are focused primarily in the Southwest, though are experts throughout the country. He is an expert in maximizing value for clients by accessing institutional and private capital.

Prior to IPA, Peter worked at JLL and Colliers International specializing in investment sales on a national basis. During his tenure at JLL he helped establish and build their Corporate Finance Division. While at Colliers, he chaired the Net Lease Practice Group and was on the Board of the Leadership Committee. He is defined as an industry leader across office and industrial product types. He was consistently a Top Producer for both JLL and Colliers. Peter holds his real estate license in Arizona and Nevada.

For show notes, past guests, and more CRE content, please check out Crexi’s blog.