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Description

In this episode of the Industrial Advisors podcast, Bill Condon and Matt McGregor are joined by Justin Carlucci, partner at Bridge Industrial. Justin shares insights from his impressive career in industrial development, discussing major projects across Washington State, current market trends, and the unique challenges facing developers today. The conversation covers everything from site selection and project highlights to regulatory hurdles and the future outlook for industrial real estate in the region.

 

00:00 Introduction and Welcome

00:34 Guest Introduction: Justin Carlucci of Bridge Industrial

01:00 Early Career Stories and Memorable Deals

02:41 Current Projects and Market Overview

04:20 Unique Aspects of Recent Developments

07:00 Site Selection and Acquisition Strategy

09:00 Ideal Building Sizes and Market Demand

11:00 Challenges in Development: Financing and Regulation

14:00 The Impact of New Energy Codes

16:00 Market Outlook for 2026-2027

18:00 Favorite Projects and Lessons Learned

22:00 Closing Thoughts and Reflections