Podcast discussing topics related to Industrial Real Estate in South Florida and across the Country. Listen to ComReal Industrial Team talk about what's happening in the warehouse market in South Florida. From what current lease rates are to tips on negotiating the best deal on buying or selling a warehouse in South Florida.
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Podcast discussing topics related to Industrial Real Estate in South Florida and across the Country. Listen to ComReal Industrial Team talk about what's happening in the warehouse market in South Florida. From what current lease rates are to tips on negotiating the best deal on buying or selling a warehouse in South Florida.
Retail Closures Yielding Opportunities for Industrial Space - Episode 21
ComReal Industrial Real Estate Podcast
13 minutes
4 years ago
Retail Closures Yielding Opportunities for Industrial Space - Episode 21
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.
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ComReal Industrial Real Estate Podcast
Podcast discussing topics related to Industrial Real Estate in South Florida and across the Country. Listen to ComReal Industrial Team talk about what's happening in the warehouse market in South Florida. From what current lease rates are to tips on negotiating the best deal on buying or selling a warehouse in South Florida.