Recent Observations: Real Estate Trends

Recent Observations: Real Estate Trends

Posted on by Jim Klein

postcard with SQFT text

Observations of Industrial Real Estate Trends

Real Estate Trends – The Good

Intense industrial real estate trends and conditions are diminishing. There are fewer container ships waiting to unload. The cost to ship a container from Shanghai to Los Angeles is 30% lower from its high. Building rents are still increasing but the doubling during the Covid-19 period was an aberration. While signs of a hyper-market are departing, a strong industrial market remains. There is a deficit of available space, strong corporate demand to improve supply chains and manufacturing resiliency, e-commerce, and high investment flow. Rent surges will continue with holiday stocking schedules starting in the Summer and again later in the year when China re-opens from its Covid-19 lockdown.
Continue reading “Recent Observations: Real Estate Trends”

Blockchain Demo

Blockchain Demo

Posted on by Jim Klein


Transcript

Welcome to Gardena, CA!

The center of industrial real estate for Los Angeles.

I’m Jim Klein and today I will show you, how to use the blockchain to send and receive files, decentrally among trusted parties.

Let’s go inside.

Here’s how it works. We input the address of the property on the top line. In this case, it’s 19475 Gramercy Pl, Torrance, CA. It’s a 47,000 ft manufacturing, industrial storage building. Contact ID is where we can put the user’s email or a customer number that we generate. We include the file and we press go.

After pressing go the program creates a QR code and a link that I can send to the customer. Only parties who have the link or code can open the file. It records on the blockchain to serve as proof.

With the link you can either click on it or put it in your browser, and the file is transmitted to the party you want to send.

My first use case is offmarket industrial real estate. Meta tags can be used to search the blockchain by keyword.

I’m asking for your help to expand the project and make more deals together. Thank you to the innovation committee and you watching.

SIORS: Finding More Industrial Deals By Blockchain

SIORS: Finding More Industrial Deals By Blockchain

Posted on by Jim Klein


We’ll be meeting in Phoenix for SIOR next week. They are bi-annual conferences, and this will be my 60th in attendance. There are three main reasons I attend. I learn from the best brokers and owner/developers in the industry. There are deals to make and I will see longtime friends. The 4th reason this year is to show how blockchain finds more industrial building deals.

Continue reading “SIORS: Finding More Industrial Deals By Blockchain”

Industrial Space Market Premium

Industrial Space Market Premium

Posted on by Jim Klein

Industrial building rents are surging. Largest and fastest increases I’ve ever seen. We are almost at the point where rents and sale prices have doubled since the start of Covid. If rents were quoted daily, there would be the same large spikes you see in oil or wheat markets. Because industrial building market data is opaque, only those buyers (and brokers) most in tune with the industrial market read it accurately. Tenants are paying premium prices to obtain space under constrained conditions.
Continue reading “Industrial Space Market Premium”

2022 Continues – Severe Space Shortages

2022 Continues – Severe Space Shortages

Posted on by Jim Klein

potential 240,000 square foot lease deal near LAX

Acute space shortages are national news. Not only here in Los Angeles, where it’s about the worst, but all over the United States. Many tenants are being caught short and others are taking space far in advance, at greater amounts, and at much higher cost. Price bidding leads landlords to weigh credit, use, and history. Credit is the most important enhancement because it notably increases the value of buildings. Larger landlords also favor tenants that will lease multiple buildings across their national holdings.
Continue reading “2022 Continues – Severe Space Shortages”

Are You Decentralized?

Are You Decentralized?

Posted on by Jim Klein

More real estate opportunities are popping up on decentralized platforms than ever before. Take for instance Los Angeles. There are more industrial buildings sold “off-market” than on. Industrial real estate has always had a decentralized component. Brokers find a good lead. They shop it first to their best clients off-market, decentralized. And if unsuccessful, put it on the market, on a central, MLS-type server for all to search and see. The difference today is that blockchain and cryptography is an electronic evolution that will give customers new ways to profit from their real estate.

Continue reading “Are You Decentralized?”

Can Crypto and Blockchain Secure your Commissions

Can Crypto and Blockchain Secure your Commissions

Posted on by Jim Klein

If you had the experience of driving down the street and seeing a building where you should have been paid and were not, this simple technology is of note. As more deals move “off-market”, I want certainty of commission arrangements. Ruthless competition and extreme space shortages is an explosive combination. In this hyper-intense market, this is one example of how I prove Procuring Cause using Blockchain.
Continue reading “Can Crypto and Blockchain Secure your Commissions”

2021 Remains an Unbalanced Industrial Market

2021 Remains an Unbalanced Industrial Market

Posted on by Jim Klein

The industrial property business has grown from a real estate niche serving mostly large corporations and owner/users to a favored investment of large institutions. The rise coincided with the great manufacturing upheaval of shuttered plants as companies shifted production offshore. Goods return in containerized shipments and begat the new industry of logistics. The result was increased liquidity of both goods and capital. A situation that is ideal for warehouse development and investment. Today’s industrial marketplace is made up of global and national 3pls, shipping companies, e-commerce, and on the capital side, Industrial REITS, large investment funds, and a handful of developers. The Covid Supply Chain phenomena and an increase in tariffs has compounded an already unbalanced space market to acute levels
Continue reading “2021 Remains an Unbalanced Industrial Market”

1 2 3 4 5 6 7