The Industrial Real Estate Podcast

I've had the pleasure of interviewing some amazing attorneys on my channel, and Annie Malo is no exception! During this discussion we get into a number of important issues for industrial tenants, landlords, and investors. Here are the timestamps for the various topics we chatted about: 0:00 - Introduction 2:13 - Use a lawyer early in the process 3:50 - The importance of contracts 8:41 - Working through a Lease 13:56 - Restoration clauses 16:46 - Environmental clauses  27:55 - Use Clause & Sub-leasing 32:26 - Learn more about Annie 37:28 - Bloopers! Connect with Annie on LinkedIn: https://www.linkedin.com/in/anniemalo/ Annie's website: https://www.anniemalo.com Annie's YouTube Channel: https://www.youtube.com/channel/UCWfFTlZ191zHp5GZPcIO4EQ -- 🔔 Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1 💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/ 🙋 Chad Griffiths, MBA, SIOR NAI Commercial Real Estate Inc. #industrialrealestate #realestatelaw #commercialrealestatelaw

Dr. Mark Lee Levine has been a professor, real estate broker, real estate, tax, and business attorney, and investor for over 40 years. He has worked on thousands of residential and commercial transactions, both within and outside the USA. Mark has been practicing law for more than four decades and is very active in the legal practice, with focus on real estate, business, tax and related fields of the law. Mark is also the CEO and Principal Broker at Levine Ltd., REALTORS®.   A distinguished author, Mark has written 52 books, and over 300 articles. He holds real estate or related designations, certifications and licenses that include, among others, CCIM, CRB, CPM, DREI, GRI, ALC, MAI, SREA, CRE, CA-C, SRS, CIPS, GAA, CLU, ChFC, Cert. FIABCI, Dipl. FIABCI, FIREC, FRICS, CRS, CLU, RECS, etc. Mark has been selected as one of the outstanding educators in America and holds a collection of academic degrees including a Bachelor of Science in business and economics from Colorado State University; a Doctorate of Jurisprudence from the University of Denver School of Law (JD); a Post Law Degree (LLM) in tax law from New York University; a graduate of the Professional Accounting Program (PAP), Northwestern University Graduate School of Management; and a PhD in Business Administration from Century University. -- 🔔 Subscribe: https://www.youtube.com/c/ChadGriffit... 💻  LinkedIn: https://www.linkedin.com/in/chadgriff... 🙋 Chad Griffiths, MBA, SIOR NAI Commercial Real Estate Inc. #industrialrealestate #theindustrialrealestateshow

Join me and Ward Richmond, Executive Vice President with Colliers International, as we chat about supply chain real estate, including warehouse, distribution centers, truck terminals, last mile hubs, manufacturing facilities and industrial land. Ward is an expert in supply chain real estate strategy having negotiated over 500 transactions in 50+ cities all over the world. We had a fantastic conversation discussing some major trends pertaining to the industrial real estate market, as well as a completely unrelated topic at the end that I think you might find quite fascinating! 0:00 - Introduction 3:20 - Dealing in an industry with low inventory 7:00 - Market data / stats across North America 12:40 - Are tenants price takers right now? 16:53 - Multi-story industrial properties 18:53 - Industrial lease rates across the country 20:23 - How long will this trend last? 23:50 - Older vs Modern Industrial Properties 27:19 - Are we at risk of over building? 30:57 - Green initiatives in Industrial Properties 33:07 - How to get more market intelligence 35:28 - Getting in touch with Ward 36:48 - BONUS section - Alcohol & Mental Health -- SHOW NOTES: Connect with Ward on LinkedIn: https://www.linkedin.com/in/wardrichmond Learn more about Ward: https://supplychainrealestate.com/about-ward/ Supply Chain Now podcast: https://supplychainnow.com/ International Warehouse Logistics Association: https://www.iwla.com/ BONUS NOTES: The High Functioning Alcoholic Part 1: https://medium.com/@wardrichmond/the-high-functioning-alcoholic-df225e6019d The High Functioning Alcoholic Part 2: https://medium.com/@wardrichmond/the-high-functioning-alcoholic-part-ii-59a2e8d9fa5a  -- 🔔 Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1 💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/ 🙋 Chad Griffiths, MBA, SIOR NAI Commercial Real Estate Inc. #industrialrealestate #industrialrealestateshow #supplychain

A bit of a twist with this week's episode as I combined two interviews into one. Darin Brindle and Jeff Walston are both general contractors who have a ton of insights into the construction world.  I interviewed them both separately but since there was some overlap in the conversations I decided to combine it into one episode. If you want to hear their opinions on the current state of the construction industry, or if you've ever been curious to look under the hood of how their business operates, this is a show to watch! 0:00 - Introduction 1:36 - Over budget & behind deadlines 3:56 - How do general contractors work? 5:33 - Interface between clients and contractors 8:03 - Engaging a general contractor 10:05 - Value-engineering an over budget project 11:27 - Residential contractor on a commercial project 14:00 - Design team as part of the process 17:10 - Challenges in the construction industry 19:40 - Design, bid, build process 22:05 - How has pricing changed over the past 2 years? 23:50 - Bidding is a part of the business 25:50 - Are high construction prices going to last? 28:00 - New project timing recommendations 32:35 - Forecast for 12 - 18 months 36:40 - Differences between large and small GC's 39:50 - Man-power issues Connect with Darin Brindle on LinkedIn: https://ca.linkedin.com/in/darin-brindle-78a22038 Connect with Jeff Walston on Linkedin: https://www.linkedin.com/in/jeff-walston Darin's website: https://www.peterjscontracting.com/ Jeff's website: https://premiseconstruction.com/home Jeff's Commercial Real Estate Academy podcast (with co-host Raphael Collazo): https://podcasts.apple.com/us/podcast/commercial-real-estate-academy-podcast/id1567145286 -- 🔔 Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1 💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/ 🙋 Chad Griffiths, MBA, SIOR NAI Commercial Real Estate Inc. #industrialrealestate #theindustrialrealestateshow

I'm honoured to introduce you to Brad Bartko, one of the most inspirational people I have ever met.  While this video isn't directly related to industrial real estate, I felt it was important to share Brad's story. To help set the stage, I'd ask you to imagine being in a restaurant where the restroom is located down a flight of stairs. But for this particular visualization, you have a mobility issue preventing you from getting down the stairs. Perhaps you have a temporary disability, or one more life-altering like cerebral palsy. As you need to use the restroom, the manager takes you through the kitchen, leads you down a dimly lit hallway, and opens the door to a tiny restroom that is cluttered with miscellaneous junk.  Even if the wheelchair could make it through the narrow door, there wouldn't be enough room in the space to maneuver, nor would there be any grab rails to safely move around. You're then told the restaurant isn't set up to handle "you type of people", then you're unceremoniously ushered back to your table. Tragically, these types of indignities happen to disabled people all the time. And when a super positive and optimistic person like Brad shares this story, you can hear the pain and frustration. This was an uncomfortable conversation because Brad would far rather talk about his goals or his dreams. Or sports. Brad definitely knows and loves his sports! But I can't help thinking that accessibility for disabled people is far too often an afterthought. My hope with this video is that even a single person takes action to make their property more accessible. Whether you're a business owner, property owner, or professional, any action you take could have a huge impact on another person. I'd also kindly ask that you connect with Brad. As he describes in the interview, many people are hesitant to talk about these issues, whereas Brad proudly raises his hand to talk.  Or as he describes himself: the voice for the voiceless. Brad on Facebook: https://www.facebook.com/brad.bartko Brad on Twitter: https://twitter.com/broadcastinbrad Brad on Instagram: https://www.instagram.com/bbartkoinspires/ Brad on LinkedIn: https://ca.linkedin.com/in/brad-bartko-057850a8

Tune in to this week's episode to hear from an industrial real estate investor, attorney and YouTuber based in Dallas, Texas. In this video we do a deep dive into the Texas industrial real estate market and get some insights into why Ron chose industrial real estate and how he built a portfolio of nearly 80,000 sq ft.  Ron also shares what his end goal is.   This is an interview you don't want to miss! Timestamps: 0:00 - Introduction 1:30 - Update on Texas Industrial Real Estate Market 5:00 - Manufacturing Properties (Oil & Gas related properties) 6:20 - Ron's process & criteria for investing 13:31 - The appeal of industrial real estate investing 18:08 - Future goals / plans for portfolio 27:19 - Educating and informing people interested in industrial 32:47 - Getting in touch with Ron Connect with Ron on LinkedIn: https://www.linkedin.com/in/ron-rohde-111b147 Ron's YouTube channel: https://www.youtube.com/channel/UClBAt0cagwGAxYGYo09QrNg Ron's website: https://ronaldrohdelaw.com/ Ron's book: https://www.amazon.com/Investing-Industrial-Real-Estate-Practical-ebook/dp/B09JPFY8TZ -- 🔔 Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1 💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/ 🙋 Chad Griffiths, MBA, SIOR NAI Commercial Real Estate Inc. #industrialrealestate #industrialrealestateshow

I had the pleasure of interviewing Raj Patel, a Vice President of Commercial Financial Services with RBC to get his thoughts as a commercial lender with one of the world's largest banks.  We dove into a number of fascinating topics regarding industrial real estate and ended with Raj giving a fantastic overview about the value of actively participating in your community! Here are the time stamps for the topics we covered: 1:22 - What is driving demand in industrial real estate? 3:06 - Any industries in particular stand out? 4:11 - Autonomous vehicle impact on trucking? 8:12 - Buying industrial real estate in a hot market? 11:00 - Financing land vs buildings 14:50 - Do we run the risk of overbuilding? 17:48 - Where do you see positive signs? 20:33 - Engaging in your community Connect with Raj on LinkedIn: https://ca.linkedin.com/in/shreeraj-patel-mba Raj's email: Sheeraj.patel@rbc.com -- 🔔 Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1 💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/ 🙋 Chad Griffiths, MBA, SIOR NAI Commercial Real Estate Inc. #industrialrealestate #theindustrialrealestateshow

I had the pleasure of interviewing Logan Hartle, an experienced industrial real estate investor and broker. We discussed his background as a residential investor who transitioned into industrial, and also spoke about ways investors can find opportunities.  Perhaps the most impactful point came at 17:42 when Logan provided a great tip for new industrial investors. Here are the time stamps for the various topics we discussed: 0:00 - Intro 0:48 - Welcoming Logan 1:11 - Transitioning from residential to commercial 6:28 - The importance of market data 9:36 - Identifying new investments 11:33 - Sourcing opportunities 17:42 - Advice to new industrial investors 20:33 - 10 Deals - An Industrial Real Estate book 23:10 - Industrial real estate mastermind group Logan on LinkedIn: https://www.linkedin.com/in/loganhartle Logan's profile on Costello Commercial: https://costellocre.com/logan-hartle/ True Commercial Real Estate Podcast: https://www.youtube.com/channel/UCnX68jfMnRRDTfqWgaXlAMg Bigger pockets podcast episode referenced: https://www.biggerpockets.com/blog/biggerpockets-podcast-416-matt-onofrio -- 🔔 Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1 💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/ 🙋 Chad Griffiths, MBA, SIOR NAI Commercial Real Estate Inc. #industrialrealestate #industrialrealestateshow

Last week I had the pleasure of interviewing Todd Hirsch, Chief Economist of ATB Financial, to get his thoughts on a variety of topics.   Todd is a master of using stories to draw comparisons to current economic conditions, and he had an absolute gem to describe all the recent government spending!  Here are timestamps for the topics we discussed: 0:00 - Introduction 1:01 - What's Happening in the Economy? 2:12 - Supply Chain Bottlenecks 4:29 - Is there inflationary pressure? 7:51 - Are interest rates going to rise? 9:07 - Rising debt levels 12:11 - Governments printing money 14:43 - How high can interest rates get? 16:50 - Loosening of inflationary control 18:44 - Todd's thoughts on cryptocurrency 21:30 - Sleepless nights regarding the economy 26:38 - Oil & Gas Overview 30:34 - Growth of Electrical Vehicles? 31:45 - Peak Oil Demand? 34:40 - Thriving under change (spiders spinning webs in space) 39:05 - Getting in touch with Todd Connect with Todd: Todd on Twitter: https://twitter.com/TheToddHirsch Todd on LinkedIn: https://ca.linkedin.com/in/thetoddhirsch Todd's website: https://toddhirsch.com/ Todd's podcast (The Future Of): https://www.atb.com/company/insights/the-future-of-podcast/ About Todd: Todd HIrsch is the Vice President and Chief Economist for ATB Financial. For more than 25 years, he has worked as an economist for organizations including the Canada West Foundation and the Bank of Canada. He's the author of four books. His latest, Spiders in COVID Space: Adapting during and after the pandemic, was released in March 2021. Todd serves on the boards of Calgary’s Glenbow Museum and the Alberta Ballet. He's also the host of a podcast titled The Future Of, which won a national award in 2021. -- 🔔 Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1 💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/ 🙋 Chad Griffiths, MBA, SIOR NAI Commercial Real Estate Inc. #industrialrealestate

Rod Santomassimo, President and Founder of the Massimo Group, is a best selling author and leading coach in the commercial real estate industry. In this episode we discuss a number of ways a broker can increase their brokerage business.  I jotted down some excellent points during the interview and encourage you to watch the entire session! Here were two of my favourite quotes:   "Presence is a vanity play; prospecting, by definition, is a sanity play."  "Fame isn't fortune, not in commercial real estate at least." 0:00 - Intro  1:25 - Traits of best brokers  4:38 - Coaching vs training  6:55 - The importance of prospecting  9:16 - Maximizing prospecting time  16:40 - Prospecting or brand development?  19:20 - Life style or top production?  23:30 - Advice for new agents Rod's website: https://massimo-group.com/New to business  coaching program: https://massimo-group.com/programs/cre-n2b/ Rod's books (including Knowing Isn't Doing): https://massimo-group.com/store/Connect with Rod on  LinkedIn: https://www.linkedin.com/in/massimocoach --  🔔 Subscribe: https://www.youtube.com/c/ChadGriffithsCRE?sub_confirmation=1 💻   LinkedIn: https://www.linkedin.com/in/chadgriffiths/  🙋 Chad Griffiths, MBA, SIOR  NAI Commercial Real Estate Inc.