US industrial property trends – from Texas to the nation

We welcome Conrad Madsen, Co-Founder and Partner at Dallas-based Paladin Partners, to this week’s podcast. Conrad shares his journey into commercial real estate, specifically what led him to establish a leading industrial real estate brokerage in North Texas. We also dig into Conrad’s perspective on the industrial real estate sector, discussing Texas’ role as a dominant player in America’s manufacturing reshoring, market drivers for growth and resiliency, and the changing ways tenants use industrial space.

Key Takeaways:

(02:04) What led Conrad to a career in commercial real estate

(03:41) Seeing brokers at Addison Circle provided inspiration

(05:47) Getting started as a commercial real estate broker

(08:24) Why Conrad chose the industrial sector

(10:56) Texas’ advantages in the industrial real estate market

(14:46) The founding of Paladin Partners focused on industrial real estate

(18:10) Starting the Paladin Partners Foundation for charitable work

(21:57) Industrial subsectors and DFW’s role as a logistics hub

(25:57) How industrial space is evolving

(28:23) Conrad’s optimistic forecast for industrial real estate in 2024

(31:56) The impact of AI and technology on CRE’s future

(34:00) Conrad’s wish for a change in the industry: reversing rate hikes

Resources Mentioned:

Conrad Madsen -

https://www.linkedin.com/in/conradmadsen/

Paladin Partners | LinkedIn -

https://www.linkedin.com/company/paladin-partners-commercial-real-estate-services/

Paladin Partners | Website -

https://paladin-partners.com/

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