The Industrial Real Estate Podcast

This is a Live interview I had with Jay Olshonsky, President and CEO of NAI Global on Tuesday, January 11th 2022.  With nearly 40 years of experience in commercial real estate, Jay offers unique insight into markets all over the world. In this interview we'll be talking about some of the major trends in industrial real estate as well as his thoughts about the market for 2022. We'll also have plenty of time for any questions, so tune in live with any topics you would like to discuss! About NAI Global: NAI Global is one of the largest commercial real estate firms worldwide and a top five global brand. NAI Global has consistently generated over $20 billion in annual transaction volume, operates more than 375 offices, manages over 1.15 billion square feet of properties and facilities and has 6,000 + professionals in 41 countries. -- Connect with Jay on LinkedIn: https://www.linkedin.com/in/olshonsky Connect with Jay on Twitter: https://twitter.com/olshonsk -- 🔔 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

Walt Rakowich, former CEO of Prologis, discusses his pivotal role in reshaping the company from the brink of bankruptcy to the world's largest industrial property owner. He shares insights on Prologis's strategic focus on industrial real estate, especially in e-commerce. Walt reveals the tough decisions made during financial turmoil, including significant property sales, while emphasizing the importance of company culture and transparency. His journey into the industry and lessons on resilience and leadership provide an inspiring look into transformative business practices.

This is a LIVE interview that was recorded Friday Dec 3 2021. I interview Dr. Mark Lee Levine (bio below) to get his thoughts on how driverless vehicles (DV) will impact all facets of real estate. We’ll discuss the current state of DV technology and the potential impacts it could have on parkades, parking lots and garages. We’ll also address a great question that came in from Sol: How will automated trucks impact the importance of certain locations for warehouses? About the featured guest: 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/ChadGriffithsCRE?sub_confirmation=1 💻  LinkedIn: https://www.linkedin.com/in/chadgriffiths/ 🙋 Chad Griffiths, MBA, SIOR NAI Commercial Real Estate Inc.

I was excited to have Yonah Weiss on my show to talk about a tax strategy, but while preparing for the interview I discovered he had done hundreds (!!) of other interviews talking about that very topic.  Since he had already covered every question that came to mind, I saw it as an opportunity to get his podcasting wisdom and insights that he gained along the way. So in this video we jump into a number of tips and recommendations if you want to explore podcasting as either a guest or a host: 0:00 - Introduction 0:53 - The road to 200 podcasts 6:21 - Advice for your first podcast 9:50 - How to get on podcasts 13:51 - Optimizing your networking 17:52 -  What makes a good guest? 22:00 - Getting in touch with Yonah I would love to hear from you as well: have you been a guest on any podcasts?  Do you have any other tips or recommendations? Or if you've thought about being a guest but haven't yet, is there anything holding you back? Also if you want to be a guest but don't know where to start send me an email at griffithscre@gmail.com.  My show is about industrial real estate but I also have a number of friends with podcasts about various real estate topics and would love to make an introduction for you. Thanks for watching and don't forget to connect with Yonah! Connect with Yonah on LinkedIn: https://www.linkedin.com/in/cost-segregation-yonah-weiss Yonah's website: https://www.yonahweiss.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.

If you own industrial real estate (or plan to in the future), or if you are an industrial tenant - you'll want to listen to this interview with Jeremy Goodrich, Founder and CEO of Shine Insurance. Jeremy highlights not just why insurance is important, but why having the RIGHT insurance is critical. As I've said numerous times on my channel, having a team around you is important.  While the ones most investors or tenants would think about are a lawyer, accountant, banker and broker, Jeremy brings up an excellent point of ensuring you have a trusted insurance provider on that team as well. Here are the timestamps for the topics we spoke about:  0:00 - Introduction 1:30 - State of the insurance market 6:00 - Insurance for first time industrial real estate investors 14:02 - Insurance coverage for industrial tenants 19:10 - Issues when negotiating insurance clauses 23:45 - Getting in touch with Jeremy Shine Insurance YouTube Channel: https://www.youtube.com/c/ShineInsurance Shine Insurance website: https://www.shineinsurance.com/ REI Clarity Podcast: https://reiclarity.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'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