In this episode of the Industrial Advisors podcast, hosts Bill Condon and Matt McGregor interview Chris Knezevic of the law firm Voorhees, Sater, Seymour Peace, focusing on the complexities of economic development, property tax incentives, and the rise of data centers. Chris discusses the importance of accurate property tax estimates, the unique role of law firms in negotiating tax incentive agreements, the growing interest in non-traditional markets for data centers, and the challenges of securing long-term incentives for large-scale projects.00:35 Welcome to Industrial Advisors Podcast

01:39 - Chris Knezevic Introduction

04:05 - Top 10 Lessons in Property Tax Incentives

05:24 - Data Centers Overview

09:29 - Challenges in Data Center Negotiations

11:42 - Key Takeaways from AMC Session

14:22 - Closing Remarks

You can find every episode of this show on Apple Podcasts, Spotify or YouTube, For more, visit industrialadvisors.com

In this episode of the Industrial Advisors podcast, Bill Condon and Matt McGregor discuss the significance of having a robust platform in the industrial real estate sector. They highlight their involvement in building the West Coast Connections Group, which comprises top leasing brokers sharing best practices and market trends. They emphasize the strength of the Collier's platform and the value of global relationships and local expertise. The episode also touches on leveraging platform dynamics and fostering a culture of collaboration to enhance client satisfaction and business success.

00:35 Welcome to Industrial Advisors Podcast

00:41 The Value of a Strong Platform

01:15 Building and Leveraging the Collier's Platform

01:41 Global Relationships and Market Expertise

02:45 Leveraging Platform Resources

03:53 The Cultural Piece and Conclusion

You can find every episode of this show on Apple Podcasts, Spotify or YouTube, For more, visit industrialadvisors.com

In this episode of the Industrial Advisors podcast, hosts Bill Condon and Matt McGregor discuss five essential books for new and aspiring real estate brokers, particularly in the industrial sector. The recommended reads include 'Brokers Who Dominate' and 'Dominators of Commercial Real Estate Brokerage' by Rod Santomassimo, 'Industrial Intelligence' by Justin Smith, 'To Be or Not to Be Intimidated' by Robert Ringer, and 'Developing a Corporate Real Estate Strategy for Industrial Users' by Bill Condon, Kyle Mack, and Matt McGregor. These books offer valuable insights into mastering the industry and advancing one's career.

CHAPTERS:

00:00 - Intro

00:28 - Career Development Books

You can find every episode of this show on Apple Podcasts, Spotify or YouTube, For more, visit industrialadvisors.com

In this episode of the Industrial Advisors podcast, hosts Bill Condon and Matt McGregor sit down with John Komlos, principal at Arco Construction. The discussion covers Arco's upcoming large-scale industrial park projects in Laredo and Talise, Texas, the company's background, and their expertise in industrial construction. John shares insights on Arco’s strategic approaches to speculative and build-to-suit constructions, recent trends in industrial real estate, and technological advancements like Procore that streamline project management. The episode also highlights some intriguing non-industrial projects including a music park in Kansas City and a training facility for the St. Louis Blues.

CHAPTERS:

00:00 - Intro

01:04 - John Komlos, Principal at ARCO

03:47 - Industrial Market Update

09:08 - Innovations in Construction

11:16 - Tilt-Up Construction Changes

13:00 - Fascinating Build-to-Suit Projects

15:02 - Favorite Construction Project

16:25 – Outro

You can find every episode of this show on Apple Podcasts, Spotify or YouTube, For more, visit industrialadvisors.com

In this episode of the Industrial Advisors podcast, hosts Bill Condon and Matt McGregor discuss the top five keys to success in the brokerage industry. They emphasize resilience, persistence, and work ethic as the first essential skill, followed by market knowledge and insight, relationship building and networking, negotiating skills and strategy, and financial acumen. They explore how mastering at least two of these skills is crucial for a sustainable career, and how excelling in more can lead to high levels of success in the industry.

CHAPTERS:

00:00 - Intro

00:30 - Successful Broker Keys

01:34 - Resilience and Work Ethic

02:38 - Market Knowledge Insights

03:23 - Building Relationships Networking

04:41 - Negotiation Skills Strategy

05:35 - Financial Acumen

You can find every episode of this show on Apple Podcasts, Spotify or YouTube, For more, visit industrialadvisors.com 

Step inside the largest cheese plant in the U.S., an automated marvel located in Dodge City, Kansas. This facility, responsible for producing 20% of the cheese consumed in America, is a testament to innovation and efficiency. Discover how the fully automated process transforms 8 million pounds of raw milk into 2.5 tons of cheese daily, without human intervention. Join Randy Thompson, Vice President of Ryan Companies, as he shares valuable insights into the industrial real estate involved in creating this massive plant for Hilmar Cheese. Gain an understanding of the complex logistics, from milk induction to pasteurization, and learn about the significant role of automation in modern cheese production. This episode offers an insightful discussion on key developments in industrial and commercial real estate, highlighting the expertise of industry leaders like Randy. Don't miss this fascinating exploration of a groundbreaking project in the heart of America.

#automatedcheeseplant #milkpasteurizer #cheeseproductionline #industrialbuilding #howitsmade

CHAPTERS:

00:00 - Intro

00:55 - Randy Thompson, VP Build-to-Suits

02:55 - Big Cheese Building Overview

You can find every episode of this show on Apple Podcasts, Spotify or YouTube, For more, visit industrialadvisors.com

In this episode of Industrial Advisors, hosts Bill Condon and Matt McGregor welcome Australian pilot and motivational speaker Ryan Campbell. Ryan shares his early passion for aviation, marked by his record-breaking solo flight around the world at age 17. He then recounts the harrowing plane crash that resulted in paraplegia and his tough road to recovery. Despite his physical and mental challenges, Ryan has embraced life fully, flying his Piper Cub and engaging in water-based activities in Nashville. He discusses his transformative experience purchasing a 1960 pink Cadillac, which taught him the importance of joy and mental well-being. Now a motivational speaker, Ryan delivers powerful messages on resilience and mental health across various high-stress industries. Join us for an inspiring conversation about overcoming adversity and finding purpose in life's journey.

01:10 Introducing Ryan Campbell

01:18 Ryan's Early Fascination with Flight

02:09 Record-Breaking Solo Flight Around the World

02:49 Life After the Crash

03:14 Current Passions and Hobbies

05:09 Preparing for IAMC Keynote

05:29 The Journey to Becoming a Pilot

06:58 The Round-the-World Expedition

09:03 The Crash and Its Aftermath

11:01 A Journey of Rehabilitation and Adaptation

11:58 Flying Again: Overcoming Physical Limitations

12:31 A Setback and a New Beginning

13:08 Moving to America: A New Project Begins

13:56 The Power of Prioritizing Joy

16:37 The Speaking Life: Sharing the Message

18:30 Conclusion and Final Thoughts

You can find every episode of this show on Apple Podcasts, Spotify or YouTube, For more, visit industrialadvisors.com

In this episode, hosts Bill Condon and Matt McGregor review Q3 market trends, covering key topics like vacancy rates, lease deals, and industrial space absorption.

Key Highlights:

1. Vacancy Rates:
   • Vacancy increased from 7.5% to 7.8%, as predicted. Expected to reach around 8% by year-end due to new product deliveries.
   • Specific size ranges: 10-25K sq. ft. spaces remain tight with low vacancy, but the 100-200K range continues to struggle with over 10% vacancy.
2. Pickleball's Impact:
   • Pickleball facilities are emerging as a new trend in industrial spaces, with several large deals happening in Seattle.
3. Major Lease Deals:
   • Boeing signed a lease for 1M sq. ft. in Milton.
   • Investment sales have picked up, with user sales slightly outpacing investor sales.
4. Capital Markets & Sales:
   • Nearly $870M in total sales year-to-date, with 45 transactions. User sales lead at 51%, but investors are making a comeback.

Outlook for Q4:

• Investment sales are expected to remain strong, though slightly affected by election year uncertainties. The market is expected to close out 2024 flat, with potential for positive momentum into 2025.

Tune in for the full breakdown of Q3 and what to expect next quarter!

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In this episode of the Industrial Advisors podcast, hosts Matt McGregor and his co-host dive into the current Gulf Coast and East Coast port strike. With tens of thousands of workers on strike, the episode sheds light on the scale of the issue, its ripple effects on industries like food, pharmaceuticals, and the economy at large.

Key Discussion Points:

• Overview of the Strike: The strike spans from Maine to Texas, involving over 50,000 workers and costing an estimated $7-8 billion in losses per day. Every day of the strike creates a backlog that takes seven to eight days to catch up.
• Impact on Perishables: Many perishable goods coming through the eastern ports are at risk of spoilage due to delays, especially as strikes stretch beyond three days, affecting companies without insurance for such losses.
• Real Estate Implications: Warehousing capacity, especially on the West Coast, is not sufficient to handle the rerouted goods. This will create a significant strain on supply chains and impact the commercial real estate sector.
• Industries Most Affected: Beyond food, the strike is impacting industries like automotive, prescription drugs, and durable goods. Delays in these sectors could lead to shortages and have a cascading effect on the economy.
• Union Demands vs. Automation: The union is demanding a 77% pay increase over six years and job protections against automation. The hosts discuss the broader implications of automation in the workforce and the long-term sustainability of such demands.
• Economic Concerns: If the strike continues beyond a week, it could cause significant harm to the overall economy, affecting workers across multiple industries, from truck drivers to warehouse employees.

Takeaway: The episode highlights the potential for this port strike to be catastrophic if unresolved soon, with long-lasting effects on supply chains, the economy, and industries that depend on timely imports.

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In this episode of The Industrial Advisors Podcast, Matt and his co-host break down the five largest industrial developments in the U.S., highlighting the dominant role of the automotive sector and Amazon. Key projects include EV battery plants and tech facilities, showcasing the shift in industrial real estate.

Key Points:

1. Hyundai EV Plant (Savannah, GA): 12 million square feet, supporting 300,000 batteries annually and 8,500 new jobs.
2. Panasonic Battery Plant (Kansas City, KS): 5.5 million square feet, with 4,000 jobs created.
3. Texas Instruments Chip Plant (Sherman, TX): 4.7 million square feet, largely supplying the automotive industry.
4. GM Battery Plant (Lansing, MI): 2.8 million square feet, continuing the battery boom.
5. Amazon Distribution (Providence, RI): 3.8 million square feet, smaller but still a major player.

A deep dive into how the automotive and tech industries are transforming industrial real estate. Tune in for more insights!

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