<p>Industrial real estate looks remarkably similar whether you are in Edmonton, Dallas, or Chicago. On this episode of the Real Finds Podcast, Gordon Lamphere sits down with Chad Griffiths, MBA, SIOR, CCIM, a partner at NAI Commercial in Edmonton and host of The Industrial Real Estate Show, the most-watched industrial real estate podcast in the industry. Chad shares two decades of perspective on the Alberta market, the universal forces reshaping industrial demand, the power crisis facing every warehouse (not just data centers), and how to cut through the noise on real estate social media without selling your soul.</p><p><br></p><p>We dig into the bifurcation of industrial users, the tension between last-mile delivery and community pushback, the cap rate documentary that revealed no two experts agree, and Chad&#39;s prediction for vertical, automated, ultra-high-clear warehouses over the next decade.</p><p><br></p><p>Timestamps00:00 Cold open: nobody wants warehouses, now nobody wants data centers01:28 Welcome and introducing Chad Griffiths01:35 How Chad accidentally fell into industrial real estate03:18 Always be learning: the danger of thinking you know it all03:59 Inside the Alberta market: oil, gas, and the Texas comparison05:00 Edmonton&#39;s 160 million square feet and what makes a building universal06:32 The biggest universal trend: data centers and the power crisis08:00 Electrification of everything, from forklifts to retrieval systems09:20 Higher clear heights, more land, trailer storage09:40 Political instability, tariffs, labor, and deals that no longer pencil10:21 Warehouse and data center moratoriums: Deerfield, California, New York11:09 The last-mile tension: we want fast delivery but nobody wants the warehouse14:36 What it means for occupiers and investors: the rent-to-revenue calculus10:00 The coming bifurcation of industrial users17:40 Reading the cycle: upward pressure on rates and tightening availability18:02 Predicting unpredictability in a chaotic world20:01 Real estate meets social media: the two toxic extremes22:32 The guru-grifter problem and the doomsayer problem25:04 Telling the truth when doomerism gets the views27:23 The cap rate documentary: asking 12 experts, getting 12 answers30:18 Thirty-two ways to calculate a cap rate32:44 Real Finds Final Four: the topic we are not discussing enough34:47 What happens to data centers when we no longer need them35:53 Ten years out: distribution goes vertical37:33 Super-flat floors, power, and the engineering challenge40:08 One minute of advice: become an expert, build relationships42:53 Guest recommendation: Ron Rohde and the world of IOS44:23 Where to find Chad</p><p><br></p><p>Connect with Chad GriffithsThe Industrial Real Estate Show: industrialize.comAvailable on Apple Podcasts, Spotify, and YouTubeX / Twitter: @ChadGriffithsNAI Commercial, Edmonton</p><p><br></p><p>Connect with Van Vlissingen and Co.Website: https://www.vvco.comPhone: 847-846-6902</p><p><br></p><p>Founded in 1879, Van Vlissingen and Co. is Chicagoland&#39;s oldest independent commercial real estate brokerage. Subscribe for more conversations with the people shaping commercial real estate.#IndustrialRealEstate #CommercialRealEstate #CRE #DataCenters #Warehouse #RealFindsPodcast #Logistics</p>