Industrial real estate acquisitions, development, construction, investments | UT, CO, AZ, NV | Fee-based operating partner, co-GP, consultant, and investor.
Interesting industrial real estate stat from Globe Street regarding small bay & flex industrial spaces: Shallow bay and flex industrial spaces under 100,000sf represent 41.9% of the industrial market and have a national vacancy rate of 4%. There is abundant opportunity in this segment where investors aren't competing with institutional capital.
Nick Keys
3mo
Interesting statistic - very surprised to hear small bay makes up 41.9%. Seems high to me. I’d argue instead of competing with the institutional investor, your battling the retail investors, who are sometimes tougher - less data, more emotion.
Alex Huhn
2mo
Small businesses still make up a large percentage of the labor pool and the quantity of businesses in the US. I would bet most of this space is rented by small businesses.
Colby Durnin
3mo
Haha well said This has been our major focus on our GP platform since we last worked together Great asset class
Commercial Real Estate Debt & Equity / Co-Founder of Gear Box Storage Condos
3moCan confirm based off the buzz around our Gear Box SLC Airport project! Looking for more dirt.