In this episode of the Industrial Advisors podcast, hosts Bill Condon and Matt McGregor are joined by top industrial real estate broker Steve Bellitti from Collier's. Steve provides an overview of the Inland Empire market, discussing market trends, the impacts of COVID-19, rising vacancy rates, and the dramatic shifts in lease rates and sublease spaces. Additionally, the conversation touches on the recent wildfires in Southern California, their effects on the real estate market, and Steve's personal experiences during these tragic events. The episode concludes with insights into future market conditions and projections for 2025.

00:00 Impact of COVID on the Industrial Real Estate Market

01:07 Introduction to the Podcast and Guest

01:54 Overview of the Inland Empire Market

04:44 COVID's Effect on Vacancy Rates and Rents

08:11 Sublease Space and Investment Challenges

11:50 Personal Impact of Wildfires

15:28 Future Outlook for the Inland Empire

17:29 Conclusion and Contact Information

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 their top 10 recommended conferences for brokers and clients in the industrial sector. They highlight the Industrial Asset Management Council (IAMC), RILA Link Conference, EDGE Conference (CSCMP), TPM 21, E-commerce Operations Summit, IWLA Convention and Expo, Gartner Supply Chain Symposium, Promat, SIOR, and Cornet Global Summit. They also end the discussion with their Super Bowl predictions.

CHAPTERS:

00:00 - Intro

00:25 - Industrial Real Estate Conferences

05:58 - Super Bowl Predictions

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 welcome Mahrin McGregor, a sophomore at Clemson, to discuss the fear of public speaking. Mahrin shares her personal journey from experiencing significant anxiety about public speaking in her early school years to overcoming her fears through practice and participation in competitions. Bill and Matt also share their own experiences and methods for handling public speaking anxiety. The episode highlights the importance of pushing oneself out of comfort zones to grow and the impact of consistent practice and support. Mahrin ends by discussing her recent success in Clemson's public speaking competition and her ongoing progress.

Capters:

00:00 - Intro

01:34 - Fear of Public Speaking: The #1 Fear

01:58 - Bill's Public Speaking Experience

04:26 - Mahrin's Public Speaking Experience

10:55 - Overcoming Fear of Public Speaking

14:05 - Is Society Worse at Public Speaking?

18:37 - Tips for Effective Public Speaking

19:39 - SIP

24:20 – 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, the hosts dive into the flex market, discussing what constitutes a flex property, typical characteristics, and how these properties have evolved over the decades. They highlight the historical development and current state of the flex market, noting key projects from the 1980s to the early 2000s, such as Walker Business Plaza and Cedar River. The conversation covers the challenges and opportunities within the flex market, including the impact of economic downturns, vacancy rates, and the specific needs of small credit tenants. The hosts also mention successful strategies by owners and the potential for future developments despite high construction costs.

Chapters:

00:58 - 5MF: What is Flex

04:35 - When to Build Flex

07:04 – 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, Bill Condon and Matt McGregor discuss the recent trends and data in the industrial real estate market, focusing on Q4 2024 and projecting ahead to 2025. They highlight a notable reduction in vacancy rates in the 100,000 to 200,000 square foot range, signifying increased market activity. Investment momentum has doubled from 2023 to 2024, and user sales are at their highest since 2007-2008. They also discuss the challenges and creativity needed for landlords to secure tenants in the current market environment. The episode covers market adjustments, such as delayed spec developments, and breaks down vacancy rates across different property sizes. Predictions for 2025 indicate a gradual improvement in both leasing and investment activities

01:02 - 3 Facts and an Opinion

03:29 - Development Insights

09:07 - Understanding Vacancy Rates

12:39 - Investment Sales Trends

13:44 - Largest Move-Out Analysis

14:25 - Port Statistics Overview

14:41 - Q4 Recap & 2024 Outlook

15:04 - Predictions for 2025

15:41 - Thanks for Listening

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, the hosts discuss the imminent potential port strike on the East Coast, scheduled to start on January 16th unless a deal is reached. They examine the historical context—including a significant three-day strike costing $4.5 billion—and the unresolved issues surrounding pay increases and automation, the latter being a contentious topic between unions and port authorities. The episode explores the broader implications on U.S. industries, particularly warehousing, distribution, and consumer goods, emphasizing the necessity of automation for competitiveness while acknowledging the temporary disruptions and price increases in essential goods like food and pharmaceuticals.

00:00 - Intro

01:01 - Potential Port Strike Impact

01:18 - Historical Strike Consequences

02:41 - Trump Supports Union Workers

05:00 - Warehousing Strike Effects

07:11 – Outro

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

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