The Skill Behind Successful Multi-Tenant Industrial

SEP 25, 202620 MIN

Description

Industrial investors are increasingly turning to small-bay and multi-tenant industrial as demand for warehouses wanes, but it takes a specific skill set to unlock outsized returns. As demand for warehouse and big box spaces dries up, multi-tenant industrial properties have stepped in and stolen the investment spotlight. The niche is delivering outsized returns, but it requires operational excellence to unlock those returns. Anthony Scavo, CEO and managing partner of Basis Industrial, is no stranger to the multi-tenant space. This year, the firm has already closed $200 million in industrial deals, and it is aggressively growing its portfolio in select markets. Here he talks about the growing competition for the product and what it takes to succeed. You'll also hear: · -Why competition is increasing for multi-tenant industrial properties · -How Basis is underwriting deals in the current economic environment · -What investors need to be successful in multi-tenant