This week on GoodLife Housing Partners Podcast Special Episode — Rohan sits down with Jonathan Tuttle of Land-Play to dive into the niche but fast-growing world of industrial flex space.
From Austin’s I-35 corridor to investor sentiment post-Jackson Hole, they break down where deals are still getting done.
- Flex Space Strategy – Land-Play targets 7–14 acre sites, building 12k SF max (often split into 3–4 units). Prefab metal, quick 4–6 month build times, HVAC included — filling a shortage of small contractor-friendly spaces.
- Tenant Profile – Local HVAC, plumbing, mom-and-pop services near new housing; also niche uses like CrossFit gyms, doggy daycares, and even “car man-caves.”
- Market Focus – Heavy footprint in Austin/San Antonio corridor (New Braunfels, Mayfair). Texas counties with pro-growth permitting keep projects moving fast.
- Investor Base – Other funds and sophisticated RE owners seeking quick-turn 22%+ IRR developments, with 12% pref and 80/20 split. Financing largely via relationship banks.
- Macro View – Rate cuts could spur renewed investor enthusiasm, but Jonathan sees capital raising still tough and deal flow scarce. Multifamily over-leveraged buyers from ’21–’22 are under stress, while older mom-and-pop owners resist today’s pricing realities.
Tune in now for this special episode with Jonathan Tuttle — a deep dive on flex space, capital raising, and where industrial deals still pencil.
--------------------------------------------------------------------------------------------------------------------
Learn more at land-play.com or check out Jonathan’s Accredited Investor Podcast.
