The Industrial Real Estate Podcast

Tune in to hear from Jason Stanley, Head of Insights for Local Logic as we discuss a number of fascinating topics related to the commercial and industrial real estate industry. 0:00 - Introduction 1:38 - Environmental implications in real estate 15:40 - Property level risks and opportunities 26:50 - Climate related risks - should we de-globalize? 38:44 - Site selection software - Local Logic -- Connect with Jason on LinkedIn: https://ca.linkedin.com/in/jasonstanley2 Local Logic: https://locallogic.co/ -- 🔔 Become an Industrial Insider: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1 💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/ 🙋 Chad Griffiths, MBA, SIOR #industrialrealestate #industrialinsiders #industrialize

Tune into watch a very insightful interview with Jeremiah Boucher & Tim Wilkins from Patriot Holdings where we discussed why multi-tenant industrial is attractive and even do a deep dive into a new development currently underway. Links to the documents we go over are also in the comment section below. 0:00 - Introduction 1:51 - Why multi-tenant industrial 4:55 - Site selection - how to choose a market 8:25 - The risks of using professionals familiar with the building 14:44 - Jumping into the project - Site plan 23:30 - Development budget 29:40 - Financing underwriting 33:37 - Loan details 37:50 - Creditworthiness for small industrial tenants 41:40 - Holding strategies 45:01 - Where opportunities exist 48:02 - Background story on Patriot Holdings 50:48 - Advice for news investors & developers -- About Jeremiah: Jeremiah is the founder and CEO of Patriot Holdings LLC, and has specialized in the acquisition and development of alternative commercial real estate assets over the last 20 years. Jeremiah currently owns and operates a $200M-plus portfolio of high-performing commercial properties, ranging from manufactured home communities to self-storage facilities to industrial parks.  Connect with Jeremiah: LinkedIn: https://www.linkedin.com/in/jeremiah-boucher-b060188 Website: https://www.patriotholdings.com/team/jeremiah-boucher About Tim: Tim is a Co-Founder of Patriot and has been pivotal in scaling Patriot's development and construction projects. With over 17 years in the Commercial Real Estate industry, Tim brings deep insights on the industry. An experienced Managing Director with a demonstrated history of working in the commercial and residential investment industry. Tim specializes in value-add commercial real estate in multiple asset classes including but not limited to mobile home parks, self storage facilities, retail and industrial. Connect with Tim: LinkedIn: https://www.linkedin.com/in/timmywilkins/ Website: https://www.patriotholdings.com/team/tim-wilkins Here's the link to download the documents: https://industrialize.com/development-package -- ⚡ Become an Industrial Insider:   https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1 📢 Join the Industrial Insiders Club and get personally curated news direct to your inbox. It's free and you can unsubscribe anytime: https://industrialize.com/industrial-insiders   🙋‍♂️ Chad Griffiths, MBA, SIOR   #industrialize #industrialinsiders #industrialrealestate

Special guest host Raphael Collazo interviews Whitney Elkins-Hutten, Director of Investment Education with Passive Investing. Raphael and Whitney will be discussing the following:   ✅  Self storage investing basics ✅  The BRRRR method of investing ✅  Investing tips   This will be a live interview so join in and ask any questions that come to mind! About Whitney: Whitney is a real estate maven who, after purchasing her first rental in 2002, and hitting a homerun, then nearly losing it all on her second deal, took control and figured out how to invest in real estate the right way. She realized that success must leave clues. So, she studied and replicated the very personal finance and wealth creation strategies the wealthy use to create financial freedom. Today, Whitney is a partner in $700M+ of real estate including more than 1400+ self-storage units across 7 states. In 2018, Whitney founded ASH Wealth and the Investor Accelerator Program, which helps investors develop a clear workable plan that gives them the results they dream of, solves their business startup or scaling issues and drives massive progress towards their real estate and financial goals. Connect with Whitney:   LinkedIn: https://www.passiveinvesting.com/whitney-elkins-hutten/ Website: https://www.linkedin.com/in/whitneyelkinshutten About Raphael Collazo: Along with being a full-time commercial agent, Raphael is also the author of the Millennial Playbook series, a book series that focuses on personal and professional development topics for young professionals. He wrote his latest book, "Before You Sign That Lease" to help business owners with the often difficult process of leasing commercial real estate. As a performance coach and speaker, he's also had the opportunity to speak to thousands of students and professionals on a wide range of subjects.  Raphael graduated from Arizona State University in 2013 with a bachelor's degree in industrial engineering and a minor in economics. Connect with Whitney:   LinkedIn: https://www.linkedin.com/in/raphaelcollazo Youtube: https://www.youtube.com/c/RaphaelCollazo/ -- ⚡ Become an Industrial Insider:   https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1    📢 NEW! Join the Industrial Insiders Club and get personally curated news direct to your inbox. It's free and you can unsubscribe anytime:  https://industrialize.com/industrial-insiders

In this week's episode I interviewed Brian Burke, President & CEO of Praxis Capital to discuss the following topics as it relates to commercial and industrial real estate: 0:00 - Introduction 1:10 - Cap rates are NOT a return metric 7:10 - Why are cap rates so popular? 8:38 - Cap rates vs unleveraged yields 12:30 - Cap rates & interest rates 15:01 - Valuating a deal (and how cap rates are used) 21:48 - Actual return metrics (IRR, cash-on-cash, equity multiplier) 30:20 - Looking for deals in today's market 35:50 - Active vs Passive real estate investing 39:44 - Manipulating cap rates 44:15 - Software for analyzing deals 47:40 - Forecasting rent growth 49:23 - A fantastic summary of cap rates --   About Brian: Brian Burke is President & CEO of Praxis Capital, Inc., a vertically integrated real estate private equity investment firm, which he founded in 2001. Brian is also a member of the Praxis Investment Committee. Praxis operates on multiple platforms, currently managing active syndications for the acquisition of single-family, multifamily and opportunistic residential assets in US growth markets. Over the course of a real estate investment career that began in 1989, the offerings Brian manages have acquired over 750 properties, including over 3,000 multifamily units, with the assistance of proprietary software that he wrote himself. Acquired asset classes include single family homes, self storage, mixed-use and large apartment complexes in multiple states. Brian has arranged well over $500 million in debt and equity for Praxis acquisitions. Praxis’ current portfolio exceeds $200 million of real estate assets under management. Brian is the author of The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications, and a frequent public speaker at real estate conferences and events nationwide.  Connect with Brian:   LinkedIn: https://www.linkedin.com/in/praxiscap... Praxis Capital Website: https://praxcap.com/   -- ⚡ Become an Industrial Insider:   https://www.youtube.com/c/ChadGriffit...    📢 NEW! Join the Industrial Insiders Club and get personally curated news direct to your inbox. It's free and you can unsubscribe anytime:  https://industrialize.com/industrial-...      🙋‍♂️ Chad Griffiths, MBA, SIOR   #industrialize #industrialinsiders #industrialrealestate

Join in this week to hear about the challenges and opportunities found in an ultra-hot industrial real estate market, and specifically industrial lands intensification / densification. My guest, Eric Aderneck, is an Industrial Lands Planning Expert and has two decades of planning and development experience in both the public and private sectors. Eric also writes a weekly planning and development newsletter for a collection of informative news articles about cities, real estate, urban planning, transportation, economy, and other semi-related matters (link below): Here are time stamps for our discussion: 0:00 – Introduction 2:35 – Defining industrial real estate (“PDR”) 7:37 – The evolution of industrial properties 12:15 – Finding Options in Tight Markets 22:05 – Highest and Best Use for industrial 25:47 – Changing sentiment towards industrial 31:15 – Site Selection and why hot markets stay hot 37:35 – Last Mile Delivery 48:47 -  A bull case for industrial 49:33 – What led Eric to industrial 51:33 – Industrial real estate newsletter Connect with Eric on LinkedIn: https://ca.linkedin.com/in/ericaderneck Subscribe to Eric's newsletter (bottom of the page): https://mvindustriallands.com/expertise -- 🔔 Become an Industrial Insider: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1 💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/ 🙋 Chad Griffiths, MBA, SIOR #industrialrealestate #industrialinsiders #industrialize

In this week's episode of the Industrial Real Estate Show I was joined by Bronwyn Scrivens from Omada Commercial. Here are time stamps of what we chatted about: 0:00 - Introduction 2:12 - Bronwyn's journey into industrial brokerage 5:40 - Becoming an expert in the industry 10:20 - Content creation strategy 16:25 - Actionable ideas to start creating content 32:05 - Industrial real estate associations & networking 37:20 - Being a woman in industrial estate 43:02 - Learning the market & growing a knowledge base 50:01 - CoStar 53:35 - How to find a good broker 1:00:02 - Get in touch with Bronwyn About Bronwyn: Bronwyn is an Associate Broker with Omada Commercial and has 10 years of commercial real estate experience specializing in acquisitions, dispositions and leasing of industrial assets around the greater Edmonton region and province of Alberta.  At Omada Commercial, Bronwyn focusses on integrated solutions for industrial owner/user businesses who are looking to improve operational efficiency through functional on and off market industrial facilities.  She also works actively to find solutions for landlords and developers with individual assets or portfolios through prospecting, marketing and consultation to improve returns, stability and longevity within their portfolios.  She has represented international, national and local Tenants and Landlords, Purchasers and Vendors, as an exclusive agent culminating in millions of dollars of value for her clients. Bronwyn prides herself on her strong industry involvement and online business presence.  Recent industry involvement includes: NAIOP Edmonton Board of Directors (2018-2021), NAIOP Edmonton Chair of the Developing Leaders Committee (2018-2021), NAIOP Corporate CRE.Converge Committee (2020), CREW Edmonton Chair of the Breaking Ground Gala (2022) and NAIOP Corporate Developer of the Year Award Committee (2022).  Recent industry awards include: NAIOP and Prologis Diversity in Commercial Real Estate Award (2018), Canadian Outstanding Young Leader in Commercial Real Estate Award (2019) and CREi Awards for Top 50 Influential Women in Commercial Real Estate and Top 150 Linkedin CRE Influencers (2022). Bronwyn spends her spare time writing a monthly commercial real estate blog and producing a weekly commercial real estate vlog, playing hockey, horseback riding and traveling the world whenever possible. Connect with Bronwyn LinkedIn: https://ca.linkedin.com/in/bronwyn-sc... Website: https://bronwynscrivens.com/  -- ⚡ Become an Industrial Insider:  https://www.youtube.com/c/ChadGriffit...  📢 NEW! Join the Industrial Insiders Club and get personally curated news direct to your inbox. It's free and you can unsubscribe anytime:  https://industrialize.com/industrial-...  🙋‍♂️ Chad Griffiths, MBA, SIOR #industrialize #industrialinsiders #industrialrealestate

This was a Live interview, Tuesday, June 21, 2022, with Dan Hughes, founder of Alpha Property Insight. 0:00 - Introduction 3:05 - Do CRE investors need to know about the Metaverse? 9:40 - Large commercial brokerage hired to lease virtual real estate 10:50 - Metaverse applications for commercial real estate 17:26 - Metaverse vs Virtual Reality vs Augmented Reality 28:00 - Using virtual reality in real estate applications 40:17 - Digital real estate - how it can drive industrial real estate demand 48:28 - How to stay on top of the trends 53:30 - Alpha Property Insights About Dan: Dan is the founder of Alpha Property Insight, a firm dedicated to helping real estate companies with the digital transformation. Dan's expertise in the application of data and technology across the real estate market and implications for business strategy.  Dan has extensive knowledge of current and future data and technology trends across the whole built environment life cycle including construction, planning, valuations, occupier needs and investment. Experience includes innovation, PropTech, future trends and business model strategy. Connect with Dan: LinkedIn: https://uk.linkedin.com/in/danchughes Website: https://www.alphapropinsight.com  -- ⚡ Become an Industrial Insider:   https://www.youtube.com/c/ChadGriffit...  📢 NEW! Join the Industrial Insiders Club and get personally curated news direct to your inbox. It's free and you can unsubscribe anytime:  https://industrialize.com/industrial-... 🙋‍♂️ Chad Griffiths, MBA, SIOR  #industrialize #industrialinsiders #industrialrealestate

This is a LIVE interview with Eli Randel, Chief Strategy Officer at CREXi. 0:00 - Introduction 1:56 - Prologis acquiring Duke 4:05 - Macro look on industrial 4:55 - Strategy for investors 7:05 - Industrial vs other asset classes 8:27 - Bricks-and-Mortar 13:08 - Work-from-home 21:20 - Is it time to do a ground up development? 24:15 - Amazon maxing out warehouse space 28:00 - Interest rates 44:40 - Sitting on the sidelines 47:05 - Construction costs 49:30 - Loan defaults 55:20 - Real estate vs crypto 1:03:05 - CREXi.com About Eli: Eli leads Strategy for Crexi after 15+ years of CRE and CRE finance experience. Eli joined Crexi in 2016 following a tenure as Director of Dispositions for Invitation Homes (NYSE: INVH), where he led portfolio dispositions in preparation for the company’s IPO. Previously, Eli was a Director of Capital Markets at Cohen Financial helping raise LP equity and construction financing for large commercial real estate developers. Prior to Cohen Financial, Eli helped launch Auction.com (now TenX )where he joined when his previous employer LNR Partners formed a JV with the online platform. Eli began his career at CBRE, where he spent three years as a senior financial analyst before obtaining a full academic scholarship to earn his MBA at the University of Florida. Connect with Eli: LinkedIn: https://www.linkedin.com/in/eli-randel-6ba9153 Website: https://www.crexi.com/insights/author/eli  -- ⚡ Become an Industrial Insider:   https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1 

This is a LIVE interview with Willem Kellerman, architect and partner at DIALOG.   We'll be discussing the following:   ✅  Key considerations to look for in industrial properties ✅  How industrial buildings are designed ✅  The role of an architect in the process of designing or re-developing a building About Willem Kellerman's experience covers a broad spectrum of project types with a strong focus on the private sector. His area of expertise includes, master planning, programming and design of industrial, light industrial, business parks, commercial buildings and retail precincts for a variety of public buildings. Willem maintains and builds strong relationships with developers and building owners, focusing on providing quality service to our clients. He is a skilled professional who works closely with the client team to establish the project drivers, goals, and milestones. Willem has an in-depth understanding of the process required (‘dirt-to-keys’) to provide both built-to-suit and speculative market-ready facilities. With experience in greenfield and brownfield projects, he is responsible for the planning, design, and client coordination on projects ranging from $500,000 to over $100 million in scope. - Connect with Darrell: https://ca.linkedin.com/in/darrell-halliwell-1a38b651 Connect with Willem: https://ca.linkedin.com/in/willem-kellerman-6570844 DIALOG website: https://dialogdesign.ca/ -- ⚡ Become an Industrial Insider:   https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1  📢 NEW! Join the Industrial Insiders Club and get personally curated news direct to your inbox. It's free and you can unsubscribe anytime:  https://industrialize.com/industrial-insiders   🙋‍♂️ Chad Griffiths, MBA, SIOR   #industrialize #industrialinsiders #industrialrealestate

This is a LIVE interview from May 31st 2022, with Ryan Koehn, Principal at Artisan Industrial.   We'll be discussing the following:   ✅  Why he chose Industrial Real Estate ✅  What he looks for in an opportunity ✅  How to add value to a property   About Ryan:   Ryan got his start in real estate investing by flipping residential condos in 2006. After getting the itch for larger deals, he bought a multi-family property in 2008, followed by an industrial building in 2009.  After a series of industrial purchases, sales and developments, Ryan started Artisan Industrial with his partner Kyle Jacober in 2021.  The fund has now been fully subscribed with two assets closed and two further assets set to close in the summer. Ryna's portfolio is comprised of approximately 200,000sqft. and is actively look for value add/repositioning opportunities in the industrial space.   Connect with Ryan:   LinkedIn: https://ca.linkedin.com/in/ryan-koehn... Website: https://artisanindustrial.ca/ --     ⚡ Become an Industrial Insider:   https://www.youtube.com/c/ChadGriffit...    📢 NEW! Join the Industrial Insiders Club and get personally curated news direct to your inbox. It's free and you can unsubscribe anytime:  https://industrialize.com/industrial-...      🙋‍♂️ Chad Griffiths, MBA, SIOR   #industrialize #industrialinsiders #industrialrealestate