Industrial Advisors - Video Edition

In this episode of the Industrial Advisors Podcast, hosts Bill Condon and Matt McGregor provide a comprehensive Q3 market update, discussing key factors impacting the industrial real estate market. They also announce the launch of their new book, "The Industrial Landlord's Agency Leasing Guide," and share insights into why they decided to write it. Join them as they analyze market trends, share predictions, and provide valuable information for landlords, portfolio managers, and fund managers in the industrial real estate sector.Top of Form

00:00:35- Introduction of the topic and our new book

00:00.46- Book Discussion

00:04:15- Q3 2023 Market Update - Dynamic Factor 1

00:07:40 – Q3 2023 Market Update - Dynamic Factor 2

00:10:07 Q3 2023 Market Update - Dynamic Factor 3

00:12:56- Q3 2023 Market Update - Opinion

00:13:31 Vacancy

00:15:06- Net Absorption

00:17:08- Construction

00:17:23- Market Givebacks

00:17:49- Capital Markets

00:18:47- Port Activity

00:20:05- Tenant’s Market?

00:22:06- Super Bowl Predictions

00:23:11- Wrapping Up

#IndustrialAdvisorsPodcast #MarketUpdate #IndustrialRealEstate #NewBook #LandlordsGuide #IndustrialLeasing #BestPractices #TenantMarket #RealEstateTrends #InvestmentOpportunities #MarketOverview #MarketInsights #LeasingStrategies #RentTrends #TenantDemand #CommercialRealEstate #PropertyInvestment #RealEstateMarket #MarketAnalysis #PropertyLeasing #IndustrialProperties #MarketForecast #InvestmentVolume

In this episode of the Industrial Advisors Podcast, hosts Bill Condon and Matt McGregor are joined by the accomplished Shannon Martin, Senior Director of Global Corporate Real Estate at Georgia Pacific. They catch up with Shannon during the IAMC Conference in Boise, Idaho, and get to know her both professionally and personally. Shannon shares insights into her role overseeing 80 locations across the country and her fascinating hobby of learning foreign languages. The conversation covers the value of IAMC membership, the benefits of corporate-only sessions, and even a glimpse into the intricacies of lease terms. Tune in to discover how corporate real estate professionals like Shannon are thriving in their roles and enjoying the multicultural journey of language exploration.

Key Moments:

00:00:35- Introduction and Topic Overview

00:01:10  - Learning Languages

00:02:24- The Value of IAMC

00:03:10: Advantages of IAMC

00:03:33: Importance of the Committees

00:03:48: Corporate Sessions

00:06:14 Georgia Pacific’s Real Estate Team

00:06:45 Wrapping Up

#CorporateRealEstate #IAMCConference #LanguageLearning #IndustrialRealEstate #Networking #ProfessionalDevelopment #IAMCInsights #IAMCBoise #LeaseTerms #GlobalRealEstate #IAMCMembership

Join Bill Condon and Matt McGregor in this lively episode of the Industrial Advisors Podcast as they dive into the world of in-person live cold calling—a technique they fondly describe as "a lost art." Reflecting on their early days as brokers, Bill and Matt share stories of their hustle, determination, and the invaluable experiences they gained from pounding the pavement. From drenched suits to unexpected lunch meetings that sealed deals, they explore the unique benefits of live cold calling. They also discuss the relevance of this approach in today's remote work environment and why it remains a valuable skill for new brokers. Tune in for a nostalgic and insightful conversation that sheds light on the enduring power of face-to-face connections in the industrial real estate industry.

Key Moments:

00:00:35- Introduction and Topic Overview

00:00:49  - The Lost Art of Cold Calling

00:01:32- The Value

00:05:05– The Surprise Lunch

00:7:30- Encouragement for New Brokers

#ColdCallingRevival #IndustrialRealEstate #LiveColdCalling #SalesSkills #InPersonConnections #BrokersLife #PodcastDiscussion #RealEstateHustle #LostArtRevived #NetworkingSkills

Join us for a special five-minute Friday episode of the Industrial Advisors podcast, where Bill Condon and Matt McGregor take a deep dive into the intriguing world of sale leasebacks in the marketplace. In this insightful conversation, Bill and Matt share their wealth of experience and knowledge, discussing the various motivations behind sale leasebacks and the key factors to consider when structuring these transactions.

Discover how companies can leverage sale leasebacks to raise capital for their business while retaining occupancy of their beloved properties. Learn the importance of flexibility in lease agreements, the significance of option language in renewal clauses, and why investors love sale leasebacks. Bill and Matt also share real-world examples of how sale leasebacks have helped businesses thrive and provide valuable insights for both tenants and investors in this fascinating area of commercial real estate. So, tune in and explore the strategies, benefits, and considerations of sale leasebacks with our expert hosts.

Key Moments:

00:00:35- Introduction and Topic Overview

00:01:07- What is a sale leaseback?

00:01:55- The Primary Rule

00:03:03 – Timing and Market Conditions

00:4:30- Structuring Leasebacks for Owners

00:05:38- Considerations for Manufacturing Companies

00:06:55 – Why Investors love sale leasebacks

00:07:50 – Conclusion

#SaleLeasebacks #CapitalRaising #RealEstateInvesting #FlexibleLeases #MarketConditions #BusinessOpportunities #ManufacturingCompanies #InvestmentStrategies #PrideOfOwnership #CommercialRealEstate

In this episode, Bill Condon and Matt McGregor discuss the future of commercial real estate and whether teams are the way to go. They talk about the trends that are shaping the industry and how teams can adapt to meet the challenges of the future.

00:00:35- Introduction and Topic Overview

00:01:07- Teams a growing trend?

00:02:23- Teams vs “Teams”

00:03:10 – Our Team

00:6:45- Teaming down the road

 00:10:09- Professional Sports and Teams

00:10:58 – Conclusion

#commercialrealestate #teaming #collaboration #success  #growth #innovation #industrialrealestate #industrialbrokerage

Step into the world of industrial real estate with hosts Bill Condon and Matt McGregor as they explore the captivating journey of clear heights on this episode of the Industrial Advisors podcast.

In a rapid and dynamic "Five Minute Friday" chat, Bill and Matt trace the trajectory of clear heights – the vertical space from floor to ceiling. They reminisce about the days when 18 to 24 feet were standard, before the shift to taller spaces, making 30 feet the new benchmark.

The hosts share captivating stories, including Boeing's colossal Everett facility boasting a striking 110-foot clear height, spacious enough to house Disneyland. They delve into how tenant preferences, material handling capabilities, and safety regulations impact clear height decisions.

Looking ahead, Bill and Matt speculate on clear height's future. They consider technology and safety factors in determining how high these spaces can go. The hosts find the equilibrium between maximizing vertical space and ensuring efficient access and safety measures.

In this episode, Bill and Matt's expert insights and engaging dialogue provide a glimpse into the ever-changing world of clear heights in industrial spaces. Whether you're an industry professional or simply curious about warehouse transformation, this episode offers a glimpse into the history and potential future of clear heights in the market.

00:00:35- Introduction and Topic Overview

00:01:03- Shifting Norms

00:01:41- Tallest Industrial Building

00:03:06 – Regional Clear Height Variations

00:4:22- Vertical Space for efficiency

 00:10:55- Speculating the Future and Closing

#IndustrialEvolution #WarehouseDesign #VerticalSpace #ClearHeights #IndustrialRealEstate #FutureTrends

In this episode of the Industrial Advisors podcast, hosts Matt McGregor and Bill Condon dive into the current trends and considerations for renewals in the industrial real estate market. With a focus on economic uncertainty, they discuss whether tenants should opt for short-term or long-term leases.

The hosts debate the potential benefits of both approaches, considering factors like rent stability, market trends, and growth projections. They also explore the shift from turnkey tenant improvement packages to tenant allowance arrangements, examining the reasons behind this change.

Whether you're a tenant or landlord, tune in to gain valuable insights into the evolving landscape of industrial renewals and make informed decisions in a dynamic market.

00:00:35- Introduction and Topic Overview

00:00:53- Uncertainty in the market

00:01:11- Long term vs Short Term

00:02:190- Tenant’s Perspective

 00:04:49- Closing

#IndustrialRealEstate #LeaseRenewals #RealEstatePodcast #MarketTrends #BusinessInsights #IndustrialAdvisorsPodcast #WorkspaceFlexibility #PodcastHost #IndustryKnowledge

In this episode, co-host Bill Condon and Matt McGregor sit down with Bret Swango, Senior Vice President and Head of Location Intelligence and Workforce Analytics at Colliers. Bret, who is known for his expertise in the current state of the labor market, shares valuable insights into the macro factors impacting the industrial sector. They explore how political, environmental, technological, and demographic factors are shaping labor markets both nationally and globally. They discuss the challenges of the labor shortage in the US and how it is influencing location selections for large users. Additionally, they delve into China's strategies in tapping into labor pools, especially in Africa, as they face their own demographic challenges. They also explore the best and worst areas for labor in the US, touching on the impact of automation and technology in manufacturing and distribution. Lastly, they analyze the return to the office and the future of hybrid work models. Join the Industrial Advisors for an in-depth discussion on the critical topic of labor in today's rapidly changing industrial landscape.

Bret Swango, CFA

Senior Vice President | Head of Location Intelligence & Workforce Analytics

Founding Member of Colliers Economic Incentives Practice

Occupier Services | Americas[email protected]

#IndustrialAdvisorsPodcast #LaborMarketInsights #ManufacturingTrends #GlobalLaborMarket #USLaborMarket #WorkforceAnalytics #AutomationInManufacturing #GeopoliticalChallenges #HybridWorkModel #LaborShortage #LocationSelection #IndustrialRealEstate #WorkforceTrends #SupplyAndDemand

About the Industrial Advisors

The Industrial Advisors podcast is a leading source of insights and analysis on the industrial real estate market. Hosted by Bill Condon and Matt McGregor, the podcast features interviews with industry experts, thought leaders, and decision-makers.

The Industrial Advisors podcast is a must-listen for anyone who wants to stay ahead of the curve in the industrial real estate market.

Subscribe today and never miss an episode!

In this episode, hosts Bill Condon and Matt McGregor explore the fascinating trend of sports facilities leasing warehouse spaces in the industrial real estate market. They discuss the pros and cons for landlords, including credit assessments, liability concerns, and the appeal of well-funded sports ventures as stable tenants. Tune in to learn how this unique mix of sports and warehouses is shaping the future of industrial spaces.

Key Moments

00:00:35- Introduction and Topic Overview

00:00:46- The Growing Trend

00:01:08- Unconventional Uses

00:03:59- Landlord Concerns

 00:05:58- Benefits for Landlords

#IndustrialRealEstate #SportsAndWarehouses #WarehouseTrends #IndustrialProperty #SportsFacilities #PickleballBoom #WellFundedVentures #WarehouseLeasing #SportsInnovation #IndustrialMarket #RealEstatePodcast

In this episode, co-hosts Bill Condon and Matt McGregor welcome Stephanie Rodriguez, the national director of Colliers. Stephanie shares her journey from Duke Realty to Colliers and discusses the data-driven trends in the industrial market. They explore investor focus on value-add opportunities and highlight hot markets for occupiers in 2023. The discussion concludes with predictions on rental rates, vacancy, and the potential impact of interest rates on real estate investments.

00:00:35- Meet Stephanie Rodriguez: The Leader of Colliers Industrial Practice

00:01:34- Stephanie's Whirlwind Transition to Colliers

00:03:38- Observations in the Industrial Market: The Shift to Data-Driven Decisions

00:05:27- Investor Focus: Exploring Value-Add Opportunities and Hot Markets

 00:08:42- Occupier Trends: Hot Markets for 2023 and Predictions for Rental Rate Growth

00:09:50- Predictions for the 2nd half of 2023

#IndustrialInsights #RealEstateTrends #IndustrialMarketAnalysis #IndustrialInvestors #DataDrivenDecisions #ValueAddOpportunities #HotMarkets2023 #RentalRatePredictions #VacancyTrends #InterestRateImpact #IndustrialLeadership #MarketObservations #IndustrialPodcast #ExpertInsights #ColliersIndustrial #RealEstateForecast