Hi Everyone, Matt Jacobs, from Toledo, OH industrial real estate developer & operator for 20+ years in the industrial warehouse space. Here to learn, share, collaborate, and build great partnerships.
Hello everyone. Look forward to engaging and learning with the group. We have built and owned many flex/industrial buildings but have our first true small bay project about to start moving dirt.
Good, morning. I'm a new member to this group and wanted to check if anyone has information and data on typical water usage and cost for new small bay flex developments. Thanks, Chris
Hey Chris, welcome to the community. Can you provide more detail to your question? I assume that you are looking for an average water consumption per unit/tenant? Are you looking for the monthly cost of that water usage, or the costs associated with development (e.g. tap fees, installation per unit, etc)?
Had a great call with @Jordan DSilva today, and an interesting question arose…does an installed mezzanine square footage directly translate 1:1 $/SF? For example, 900SF unit at 1$/SF rents for $900, does the added 300SF mezzanine add another $300 to the rental cost, or is the mezzanine space discounted?
Ever passed on a deal because the numbers looked fine but something felt off about the market? That instinct is usually saturation, and most operators don't have a repeatable way to test for it before they're already under contract. This Friday, Cody Payne of Flex Parks USA joins us to break down how he evaluates market saturation and picks sites that actually pencil. We'll cover: - How to read the early warning signs of an oversaturated market - What separates a site that pencils from one that just looks good on paper - Cody's framework for underwriting site selection before you tie up land 📅 Friday, August 14th 🕚 11:00 AM EDT ⏱️ 30 minutes Drop your questions for Cody in the comments - we'll work them into the discussion. See you there. Call Link -> How to Identify the Right Site