Cody Payne is the Senior Vice President and team leader for the Office & Industrial Investments Team at Colliers International in Dallas/Fort Worth, Texas. He specializes in industrial investment properties in Texas. Over the past 17 years, Cody has closed more than 600 commercial real estate transactions.

In this episode, we are going to dive deep into specifics of office and industrial investments especially Flex industrial business parks; providing invaluable insights, strategies, and real-life stories to guide you through the process.

DISCLAIMER: We are not giving any financial advice.

(00:00 - 01:36) Introduction
- Cody is introduced as the guest Hosts

(01:36 - 03:27) Cody's Professional Journey
- Cody shares his professional journey

(03:27 - 36:58) The Internal Mechanics of Industrial Flex Spaces
- Cody shares the Pro's and Con's about Flex space
- Also, he also shares about what criteria's should be aware aof when starting flex space investment
- Things to do to add substantial value to the property
- Normal cap rate as of the current market situation for flex space
- Turn around time for flex space
- Price per square foot per flex space
- To find a good flex space
- How financing works in flex space
- Main components to be aware of while evaluating
- Types of buyers
- Specific things that he might missed investing in flex space
- Normal cost for square foot

(27:36 - 32:11) Final Round
- Cody offers his primary information source to promote personal and business growth
- Cody shares about the book that he recommends that made a major impact on his life and business
- Cody's advice to the listener
- How Cody gives back

(32:11 - 33:45) Closing Segment
If you want to learn more about the podcast, just check out the link below.

Youtube: https://www.youtube.com/channel/UC8ttrbgIlgn0MC_4u2ZWWnQ
LinkedIn: https://www.linkedin.com/company/80036754/admin/feed/posts/
Facebook: https://www.facebook.com/AstreCapital/
Twitter:  https://twitter.com/AstreCapital
IG:  https://www.instagram.com/astrecapital/