The FORT Podcast: Why Fort Capital Buys Class B Industrial
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
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