On today's episode, Chris breaks down why Fort Capital has spent so much time and energy in the Class B Industrial space over the past 4+ years. He lists the four most important reasons for pursuing Class B Industrial as well as why he believes this asset class has a promising future. Enjoy!
(01:09) - Episode Agenda
(01:40) - The “ah-ha” Moment in 2016 and 4 Big Ideas
(02:07) - Idea 1: Do we think online sales will increase or decrease?
(02:49) - Idea 2: Class B Industrial is Infill in Nature
(03:29) - Idea 3: How Travis Kalanick, Founder of Uber, Goes on to Found Cloud Kitchens Using Industrial Space
(05:16) - Idea 4: The Depleting Supply Class and Growing Tenant Base
(10:21) - Why Class B Industrial is Sticky
(12:02) - The Cannabis Opportunity for Class B Industrial
(13:00) - The Historical Ownership of Class B Industrial & Flying Under the Institutional Radar
(14:25) - Class B Industrial Has a Predictable CapEx
(16:16) - Management in Class B Industrial
(17:16) - The Value Add and Their Un-Sexiness
(18:13) - The Wrap Up
(19:36) - Call Out to Owners & Brokers Looking to Chat/Sell Industrial
(Originally Aired on 09/16/2020)
The FORT with Chris Powers
Follow Chris on Twitter: https://www.Twitter.com/FortWorthChris
Follow Chris on LinkedIn: https://www.linkedin.com/in/chrispowersjr/
Learn more about Chris Powers & Fort Capital: https://www.FortCapitalLP.com
Listen & Subscribe on Spotify: https://open.spotify.com/show/7oIeNSaSJ4zkTQOXiedyOr?si=dEM48cSPQ9OIQ1HiD8sjrg
Listen & Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-fort-with-chris-powers/id1410549811