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123 contributions to Small Bay Industrial Basecamp
3d •
To lease or not to lease...that is the question
This group has been such an asset to me in my venture into the flex development world. Thank you Will and all the other experts willing to share your year's of experience! I am currently in lease up on a small 10k sqft. new construction flex in Florida. I have a national medical group interested in 5k sqft. That type of tenant pays well but is totally different than I had expected. The things give me pause are: 1. Major build out (TI) 2. difficulty (expensive)to demo if they leave 3. Parking (have 9 spots per 5k sqft building.) I Could use some of our yard space for parking but just seems like I'm reworking my whole plan. 4. 10 year lease request Is it wise to let the market move you into retail/office if thats what calling and paying the most? Or should I stick with the trades that when they leave you sweep it out and re-lease.
1 like • 1d
A few questions that may help you make the decision: - Are you planning to hold the property long-term, or selling in 3–5 years? - What annual rent escalations are they offering? - How would the 10-year lease impact your projected exit value compared with leasing to multiple smaller flex tenants?
5d •
Water Detention
Has anyone used or encountered underground detention with flex? Curios to hear your experiences if so. Thanks!
0 likes • 4d
@Cary Williams Most probably, it may not be cost-effective for industrial projects. In downtown areas, where land prices are higher justify the cost of underground detention systems.
9d •
Development project - sale vs. lease
we are looking at a new project and considering selling some of the units either via condos or a land condo. Other than the tax implications from the sale, anyone else develop for sale projects?
1 like • 6d
@Jessica Johnson Mainly, which markets are you building luxury flex in? And how do you analyze supply and demand for this niche segment?
1 like • 6d
@Jessica Johnson Greatly appreciate you sharing such a detailed DD on this particular industrial asset class.
8d •
Helpful Marketing Tips: Which Channels Perform the Best to Market Flex Space
Hi everyone! During the marketing call I hosted a few weeks ago I discussed the best channels to utilize to market your flex properties. This is also in order of how I would strategize my spend on marketing as an owner. If you are looking to increase visibility and accelerate lease-up for your flex space property, send me a message. I am happy to see how TAG can help you turn your property into a stabilized asset that is maximizing revenue! www.tenantacquisitiongroup.com
1 like • 8d
@Jessica Johnson I’ve heard from several people that a leasing broker may not be necessary for flex industrial, and direct marketing through different platforms can work well. Do you recommend we can effectively lease the property using these marketing platforms without hiring a leasing broker? I’d also like to hear about others’ personal experiences with this approach.
1 like • 7d
@Will Skillman Thanks for the clarification. That’s definitely an aggressive approach to get the property occupied quickly.
8d •
Weekly Call Recap -> How Lenders Evaluate Small Bay Deals
Missed today's call with Cody Baker? I would grab a pen and a pad of paper and get ready for an information packed call. He broke down how lenders actually underwrite value-add versus ground-up, and the number one takeaway: lenders size to their own rebuilt NOI and the exit, not to the leverage they quote you upfront. If you've ever been surprised by what your lender actually approved, this one's for you. Full recording here -> How Lenders Evaluate Small Bay Deals
4 likes • 8d
Excellent presentation @Cody Baker & Thanks @Will Skillman for organizing
1-10 of 123
Active 24h ago
Joined May 12, 2026
DFW - TX
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