Industrial Advisors podcast@industrialadvisors.com (Industrial Advisors)
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- Business
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Supply chain nerds, warehouse gurus, distribution dudes, transportation titans, site selection geeks… No one knows the industrial real estate market better than Colliers International’s Matt McGregor and Bill Condon. Tune into their Industrial Advisors’ show to find out what you don’t know about the market behind the market.
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Real Estate Strategy and Innovation with Meredith Marash
In this episode of the Industrial Advisors podcast, hosts Bill Condon and Matt McGregor welcome Meredith Marash, Senior Vice President of the Enterprise Market Solutions team at Colliers, to discuss the evolving needs of corporate real estate occupiers. Marash, who is based in New York, shares her extensive experience in the commercial real estate sector, emphasizing the importance of strategy, optimization, and technology in managing real estate portfolios. The discussion covers the significance of lease administration, the integration of technology for better management and measurement, and the role of AI in corporate real estate. Meredith also shares insights on the industrial platform at Colliers and how their approach to understanding client needs has led to success in securing global accounts.
00:43 Meet Meredith Marash: A Colleague, Friend, and Ultra Marathon Runner
02:15 Meredith's Journey in Commercial Real Estate
03:35 The Role of Technology and Services in Real Estate
06:50 Why Clients Choose Colliers for Their Industrial Real Estate Needs
09:31 The Future of AI in Real Estate
11:20 Closing Thoughts and Appreciation -
The Surge of Nearshoring and Its Impact on Mexico
This episode of the Industrial Advisors podcast features hosts Bill Condon and Matt McGregor, as they welcome Rafael McCadden, the Director of the Industrial and Logistics Division in Mexico, to discuss the booming industrial real estate market in Mexico, driven largely by nearshoring. Rafael shares insights into Mexico's extremely low vacancy rate, the significant role of nearshoring in current industrial activity, and the factors contributing to Mexico's attractiveness for industrial investments, including a young labor force and favorable trade conditions with the US. The discussion also covers challenges such as energy and water scarcity, trends in types of industries and investment sources, and the overall bilateral commercial relationship between the US and Mexico.
00:40 Introducing Rafael McCadden: A Key Player in Mexico's Industrial Sector
01:10 The Personal Side of Business: Weddings and Deals
01:39 Mexico's Industrial Boom: Nearshoring and Its Impact
06:04 The Chinese Influence in Mexico's Industrial Landscape
10:14 Mexico's Power Struggle: Energy and Infrastructure Challenges
13:12 Mexico's Rising Tech Talent and Skilled Labor Force
15:04 US-Mexico Relations: Trade, Elections, and Future Prospects
16:49 Wrapping Up: Insights and Farewells
If interested in the map mentioned in this week’s episode, please reach out to us at podcast@industrialadvisors.com -
SIOR, Still Relevant?
In this episode of the Industrial Advisors Podcast, hosts Bill Condon and Matt McGregor discuss the Society of Industrial and Office Realtors (SIOR) designation. SIOR is an international organization of real estate professionals that has been around for many years. Being an SIOR member is seen as one of the best designations you can get in commercial, industrial and office real estate. Both hosts emphasize that the relevance of this designation greatly depends on the effort and commitment you put into it. They argue that it brings educational opportunities and networking potential, especially for smaller boutique firms. They also recommend it for young and upcoming brokers, while stressing its varying impact based on geographical location and the strength of local chapters. They conclude by mentioning that while larger corporate tenants are generally familiar with the SIOR designation, they may not fully understand its depth and value to their business.
00:37 Introduction to the Podcast
00:47 Understanding the SIOR Designation
01:24 Relevance of SIOR in Today's Market
02:17 Benefits of SIOR for Different Firms
03:37 SIOR for Young Brokers
04:23 Comparing SIOR and CCIM Designations
04:56 Insights from a Veteran SIOR Broker
05:53 Recognition of SIOR Among Tenants and Landlords
06:49 Conclusion and Recommendations -
From Pandemic to Progress: Jon Scholes on the Resurgence of Downtown Seattle
In this episode of the Industrial Advisors podcast, hosts Bill Condon and Matt McGregor interview Jon Scholes, CEO of the Downtown Seattle Association. Scholes discusses the current state of downtown Seattle and how it has recovered from the impact of COVID-19. Scholes shares how the city's focus on creating a diverse, vibrant downtown has attracted new businesses, increased residential growth, and boosted the visitor industry. He also talks about how Seattle stands out for its blend of urban experience and natural beauty. However, the downtown area has faced challenges including drug addiction and homelessness, but Scholes is hopeful due to the city's commitment to improve. Lastly, Scholes gives a hint about the possible return of the Sonics, contributing to the city's rich sports culture.
00:37 Guest Introduction: Jon Scholes
01:26 Current State of Downtown Seattle
02:38 Impact of Major Events and Developments
04:38 Seattle's Response to the Pandemic
08:02 Future Growth Opportunities for Seattle
10:21 Challenges Faced by Downtown Seattle
13:15 Return to Office Trends
16:08 Unique Attributes of Seattle
18:07 Conclusion and Final Thoughts -
Multi-Story Warehouses
On this episode of the Industrial Advisors Podcast, Bill Condon and Matt McGregor talk about the rise of multi-story warehouses in dense urban areas where land is often very expensive. They discuss two styles of multi-story warehouses: ones where truck courts are stacked vertically and others that are accessed via freight elevators. The hosts also discuss the potential struggles these buildings might encounter in the future such as vacancy rates, high value location, and how e-commerce may contribute to their success. They highlight some examples of multi-story warehouses including the Bronx Logistics Center in New York and Seattle Metro Logistics. The discussion concludes with speculation about the future of these buildings, particularly in regard to leasing challenges and rates.
00:39 Discussion on Multi-Story Warehouses
01:32 Different Styles of Multi-Story Warehouses
02:02 Location and Value of Multi-Story Warehouses
02:49 Challenges and Market Response to Multi-Story Warehouses
05:34 Future Predictions and Closing Remarks -
The Revival of the Owner User Market?
This podcast episode discusses the historical and current trends in the industrial owner-user market, a concept that involves companies buying buildings for their own use. Hosts Bill Condon and Matt McGregor reflect on their historical experiences, noting a shift in the market dynamics since they started in 2004. They observe that the gap between what users and investors would pay for buildings has fluctuated over time, influenced by various industry trends and economic periods. They highlight the resurgence of the user market, attributing this to several factors, including increased cash availability among users. The hosts also predict an upward trend in user transactions over investment ones in 2024.
00:40 Introduction and Welcome
00:51 Historical Perspective of the Market
02:31 Impact of 2008 Financial Crisis on the Market
03:32 Current State of the User Market
04:18 The Rise of Cash Buyers
05:04 Predictions for the User Market in 2024
05:35 Conclusion and Sign Off
Customer Reviews
Highly informative and Engaging!
These guys know their stuff. Even more so, they are plugged in with the thought leaders in Industrial Real estate. This podcast is invaluable for anyone seeking to grow their knowledge base in the sector.
Quality podcast
I found this podcast thoughtful, educational and wildly entertaining. Industrial Advisors offers clear conversational advice from two industry vets. 10/10 for anyone breaking into CRE or enjoys learning more about the industrial asset class.
These guys are good!
Bill and Matt know their stuff and anyone in industrial real estate would benefit from their shared knowledge.