<p>Chad Griffiths & author Cody Payne unpack the <em>entire</em> flex/small-bay industrial playbook—from what “flex” actually means, to development models and costs, leasing strategy, underwriting, and the real risks to watch. If you’re eyeing contractor garages, incubator space, showroom-style flex, or multi-tenant “multifamily of industrial,” this episode is your field guide.</p><p><br></p><p><strong>Key Takeaways</strong></p><ul><li>“Flex” is today’s label for small/shallow-bay multi-tenant industrial—think 1,000–5,000 SF bays with ~10% office.</li><li>Development models range from bare-bones metal to showroom and premium; costs scale fast with glass, height, finishes, yards, mezz.</li><li>Showroom models (18–20’ clear, strong frontage) often drive rent growth and resale value</li></ul><p><br></p><p>--</p><p><br></p><p><strong>Connect</strong></p><p><br></p><p>Cody Payne</p><p><a href="https://www.linkedin.com/in/codypayne/" target="_blank" rel="noopener noreferer">Linkedin</a></p><p><a href="https://a.co/d/bM43U5M" target="_blank" rel="ugc noopener noreferrer">Cody's Book</a></p><p><br></p><p>Check our NEW Industrial Real Estate Show Merch Store! </p><p><a href="https://linktr.ee/industrialpodcast" target="_blank" rel="ugc noopener noreferrer">Linktree</a></p>
