RE #74: Chris Powers - Why Fort Capital Buys Class B Industrial

On today's episode, Chris breaks down why Fort Capital has spent so much time and energy in the Class B Industrial space over the past 4+ years. He lists the four most important reasons for pursuing Class B Industrial as well as why he believes this asset class has a promising future. Enjoy!  Follow Chris on Twitter: www.Twitter.com/FortWorthChris Learn more about Chris Powers & Fort Capital: www.FortCapitalLP.com (01:09) - Episode Agenda (01:40) - The “ah-ha” Moment in 2016 and 4 Big Ideas (02:07) - Idea 1: Do we think online sales will increase or decrease? (02:49) - Idea 2: Class B Industrial is Infill in Nature (03:29) - Idea 3: How Travis Kalanick, Founder of Uber, Goes on to Found Cloud Kitchens Using Industrial Space (05:16) - Idea 4: The Depleting Supply Class and Growing Tenant Base (10:21) - Why Class B Industrial is Sticky (12:02) - The Cannabis Opportunity for Class B Industrial (13:00) - The Historical Ownership of Class B Industrial & Flying Under the Institutional Radar (14:25) - Class B Industrial Has a Predictable CapEx (16:16) - Management in Class B Industrial (17:16) - The Value Add and Their Un-Sexiness (18:13) - The Wrap Up (19:36) - Call Out to Owners & Brokers Looking to Chat/Sell Industrial Fort Capital's Deal Incentive Program The FORT with Chris Powers is produced by Straight Up Podcasts