ComReal Industrial Real Estate Podcast Edison Vasquez PA

Thanks for following us and for checking us out. This is Episode 21 and we are discussing how Retail Closures are Yielding Opportunities for Industrial Real Estate. 
Covid 19 has presented challenges for the retail sector of commercial real estate. Even Pre-Covid, this sector was already facing many challenges, as the trend was was moving towards e-commerce. This trend is now accelerated. Still the retail properties can offer opportunities for the industrial sector:
•Location: A lot of the retail centers have great locations, close to large populations. Last Mile.
•Large Lots: In the case of malls and big box stores, these sits in large parcels of land.
•Hybrid Use: We are also seeing existing retailers using their location as fulfillment centers. Specially in those with great location. 
•Trend not changing: More e-commerce and delivery.
Featured Property: 20,000 SF For Lease at 8850 NW 15th ST
Industrial Tip: Make zoning contingency separate from other contingencies. 
 
Thanks for watching us. Please subscribe and leave us your comments. You can find more about us at: www.WarehousesMarket.com
 
You can also watch this episode on our Youtube Channel:
www.WarehousesTV.com 
 
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Instagram: @edisonindustrial
Twitter: @edisoncre
LinkedIn: Edison Vasquez PA.
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Thanks for following us! This is Episode 20 of our Industrial Real Estate Podcast. We are discussing how Industrial Investors can avoid Analysis Paralysis after the Covid-19 pandemic. You can read the entire article in our blog:
https://www.warehousesmarket.com/blog
 
New and seasoned investors can tend to over-analyze an investment and miss an opportunity. Totally normal. In our work, we see many buyers trying to get all information they can before even making an offer.  Then by the time they make a decision, the deal is no longer available. To try to avoid that. In this episode, we explain 5 multiple things to look for to avoid analysis paralysis
Cost: Buyers tend to not factor in the cost of Waiting too long and NOT buying the property.
Time: Think of the holding time. Not what you’ll pay. Over time, the difference becomes less relevant.
Repairs:          
Quickly assess any repairs needed and focus on large expenses. Then once you have the building under contract, you can dig more into all costs for repairs.  

Property Class:
Be flexible and open to look at options. If requirement is too narrow, there will be limited opportunities to analyze.  

Local Laws: Check zoning and authorized uses quickly. Once under contract, you can confirm all permits and confirmation from local municipalities.  
 
Featured Requirement: 50,000 – 70,000SF To Lease
 
Industrial Tip: Make an offer first, get the property under control, then conduct all due diligence.
 
Thanks for watching us. Please subscribe and leave us your comments. You can find more about us at:
www.WarehousesMarket.com
 
Follow us on social media at:
Instagram: @edisonindustrial
 
Twitter: @edisoncre
 
LinkedIn: Edison Vasquez PA.

Thanks for following us! This is Episode 19 of ComReal’s Industrial Real Estate Podcast.  Bringing you market information along with valuable information on the Industrial Real Estate Sector in South Florida, and across the country. Visit our website for more info and our listings.
https://www.warehousesmarket.com
Buying a building for the business can be a great strategy and winning long term investment. There are many terms involved in the purchase process and sometimes it can get complicated. Here we explain 5 of the most common terms found on purchase contracts.
Effective Date: Date the contract is executed, and deposits are made. Clock starts for inspections and financing.
Due DiligenceBuyer gets to inspect property and make sure it fits for business. From building to zoning. If anything is not satisfactory, Buyer can cancel contract and get escrow deposit back.
Use this period to find out anything, not before making an offer. Many Buyer lose properties because they spend too much time doing Due Diligence items before having control of property.

Financing Contingency           During this period, Buyer can obtain financing (SBA, Conventional), if applicable, for the purchase of the property. . Can run at same time as Due Diligence.

Escrow DepositGood faith deposit with Escrow agent. Done at contract execution and after contingencies. Common practice is to deposit it at Buyer’s attorney escrow account. Third party escrow agent could be used too.

Assignment: Many buyers assign the contract to a related entity. Very standard. Owners a lot of time want to separate the business entity from the property entity.
 
Featured Property: We have a client looking to Purchase 60,000 – 90,000SF Industrial Building in South Florida.
 
Industrial Tip: Consider Releasing escrow after inspections and financing contingencies. Helps Seller show you are committed to building.
 
Thanks for watching us. Hope this is helpful. Please subscribe and leave us your comments. You can find more about us at:
www.WarehousesMarket.com
 
Follow us on social media at:
Instagram: @edisonindustrial
 
Twitter: @edisoncre
 
LinkedIn: Edison Vasquez PA.

Thanks for following us! This is Episode 18 of ComReal’s Industrial Real Estate Podcast.  Bringing you market information along with valuable information on the Industrial Real Estate Sector in South Florida, and across the country. Visit our website for more info and our listings.
https://www.warehousesmarket.com
 
More investors than ever are looking at Industrial Real Estate to diversify their investment. From small to large investors, the industrial sector is attracting a lot of attention and capital. All this, along with limited supply, makes it a very competitive market. Now more than ever is important for investors to differentiate and consider carving niches to maximize returns.   Here are some examples of sectors within Industrial Real Estate in which investors might consider specializing.
Cold Storage Facilities.Consider looking at Refrigerated or Freezer facilities. This will give investors an edge over other industrial landlords.

Small Bay Multitenant.          Another sector that can provide an advantage. These facilities offer higher rents; however, these require more management

Truck TerminalsExcellent facilities to play the e-commerce trend. These properties have low lot coverage in that the building sits on a large parcel of land.

Truck Parking.Investor might not even need to build a building. Truck parking has become hot commodity as land continues to be developed and less available for truck parking.

Featured Property: 7857 NW 46th ST Doral, FL 33166. +/- 7,335SF Facility for sale. Asking $1,550,000.
Industrial Tip: Make offers on same properties every 3- 6 months.
 
Thanks for watching us. Hope this is helpful. Please subscribe and leave us your comments. You can find more about us at:
www.WarehousesMarket.com
 
Follow us on social media at:
Instagram: @edisonindustrial
Twitter: @edisoncre
LinkedIn: Edison Vasquez PA.

Thanks for following us! This is Episode 17 of ComReal’s Industrial Real Estate Podcast.  In this Episode, Edison Vasquez explains tips for owners of industrial building on how to prepare a building when it’s time to lease or sell it. Visit our website for more info and our listings.
https://www.warehousesmarket.com
In all Real Estate, first impressions are important to maximize value of the space. Tenants and Buyers would more like go for a space where they have to do less improvement and can visualize their business operating quickly. It’s important for a landlord to present a clean and organize warehouse. Some tips to consider:
Clean Office Space and Bathrooms
Paint any walls that need panting in the office and warehouse. Interior and Exterior.
Clean Warehouse Floors
Resurface, restripe parking
Change lights on the Office and Warehouse. No need to modify floors or move walls.
Make any roof repairs that will extend the life of the roof.
Improve Landscape around the property.
All these improvements will provide a great return on investment when it comes time to leasing or selling the property. 
Industrial Tip: Get a Survey or Floor plan done ahead of time.
 
Featured Property: 13964 NW 60th Ave. +/- 39,855SF For Sub-Lease Refrigerated Facility.
 
Industrial Tip: Get a Survey or Floor plan done ahead of time.
 
Thanks for watching us. Hope this is helpful. Please subscribe and leave us your comments. You can find more about us at:
www.WarehousesMarket.com
 
Follow us on social media at:
Instagram: @edisonindustrial
Twitter: @edisoncre
LinkedIn: Edison Vasquez PA.

Thanks for following! This is Episode 16 of our Industrial Real Estate Podcast. Today we bring you tips on finding off-market deals for industrial real estate. Visit out website for info and our listings.
https://www.warehousesmarket.com
Off—Market deals are always appealing for Buyers; even more now as the demand for industrial space continues to be strong. But how do you get these deals? Our saying is Great Deals are created, Not Found He we discuss a few tips for landing off-market deals.
Properties for LeaseCheck properties for lease and make offers on those properties.

Make a list of Target properties and reach out to ownersPut a spreadsheet or a simple list of properties that fits your criteria.
Make offers, don’t just send letter to ask, call, email and mail.
Follow up.
Be creative on mail. Send a gift card.

Talk to other brokers for “pocket listings”.Brokers in the industry might have clients who are considering selling.

Persistence, Persistence and more Persistence.Stay after and keep sending offers. 

Featured Property: 405 E 10th CT. +/- 40,000SF For Lease in Hialeah. Best Deal in the market!
Industrial Tip: Make offers all the time. Sounds simple but a lot of buyers and brokers don’t do it. Consistence will bring deals.
Thanks for watching us. Hope this is helpful. Please subscribe and leave us your comments. You can find more about us at:
www.WarehousesMarket.com
 
Follow us on social media at:
Instagram: @edisonindustrial
Twitter: @edisoncre
LinkedIn: Edison Vasquez PA.