Description

In this episode, Gordon Lamphere interviews Matthew Rossman, diving deep into the world of industrial real estate, particularly in California’s Inland Empire. Matthew shares his expertise on the challenges and opportunities unique to this region, the distinction between managing Class A and Class B industrial spaces, and how tenant relationships are critical to success.

What You'll Learn:

• Why the Inland Empire is a key market for industrial real estate due to its proximity to major transportation hubs.

• The regulatory challenges of real estate development in California and how they impact business.

• Class B properties as a stable investment and how to attract and retain long-term tenants.
• The importance of personal guarantees in lease agreements for security. - The future of commercial real estate: trends in hybrid spaces and property repurposing.

Key Takeaways:

• The Inland Empire is a prime location for industrial real estate, but navigating California’s regulatory environment is essential for success.
• Class B industrial properties offer a unique investment opportunity with long-term stability.
• Building strong broker relationships and customizing spaces can significantly enhance tenant retention.
• Future trends include the rise of hybrid spaces and the repurposing of existing properties.

Gain expert insights into California's industrial real estate market and discover the strategies that are shaping its future!

📚 Book Recommendation: Alpha Male: A Tale of the Battle of Commerce by Sam Foster

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