Best Practices and Sales and Marketing Strategies to Help You Close Deals Faster
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Industrial Insights is a podcast that highlights the market dynamics, high level strategies, and in the trenches tactics for tenants and owners of industrial real estate. Each episode is designed to take hard fought wisdom from practitioners and break it down into insights that can drive better commercial real estate decision making. The host, Justin Smith, shares his experiences from 16 years in the business and brings in industry experts to discuss critical aspects of successful industrial ...
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Partner Relationship Management (PRM): The Ultimate Channel Sales & Partnerships Podcast
Magentrix
Partnerships are the pathway to higher sales - and your customers. Are you equipping your channel partners with what they truly need to represent you? Are you choosing the right ecosystem partners? Do you trust your partners (and do they trust you)? Do you do your part for your partners? As we interview channel chiefs and other partnerships industry experts, we explore these questions and more. We'll share channel management insights on how to navigate partnerships, support your partners, id ...
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The People Powered Community Podcast shares inspiring stories of go-to-market professionals who use their superpowers to create strong and lasting connections with their community. From start-ups to established corporations, these individuals have used their expertise in marketing, sales, customer success, and branding to bring people together and drive impact. Join us as we explore how these business superheroes use their unique abilities to build community and make a difference in the worl ...
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Industrial Investment Lifecycle Insights with Chelsea Tamuk Levane
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In this episode of the Industrial Insights podcast, Justin Smith interviews Chelsea Tamuk Levane from Cabot Properties. Chelsea shares her journey from intern to overseeing the West Coast operations at Cabot, discussing the company's growth, market focus, and strategic decisions in the industrial real estate sector. The conversation delves into net…
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Ensuring Lease Alignment with Tenant Use with Chris Vassilian
9:04
9:04
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In this conversation, Justin and Chris discuss lease reviews and common issues that arise during the process. They highlight the importance of understanding tenant obligations, hold-over clauses, and the responsibility for maintenance and repairs. They also discuss the significance of aligning the lease with the tenant's intended use of the space a…
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Mid Market 2024 SoCal Industrial Market Update with Jesse Gundersheim
31:24
31:24
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In this episode of the Industrial Insights podcast, Justin Smith interviews Jesse Gundersheim of CoStar to discuss the Q2 stats for Southern California Industrial. They cover topics such as leasing activity, vacancy rates, deliveries, and the impact of e-commerce on the market. They also touch on the sales market, cap rates, and the correlation bet…
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Scaling An Industrial Real Estate Portfolio with Michael Bucci
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56:34
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Michael Bucci, an investor in the industrial asset class, shares his journey and approach to investing in industrial real estate. He focuses on value-add properties for warehousing and distribution, with a preference for multi-tenant spaces. Bucci emphasizes the importance of understanding the market and the needs of the owners when approaching dea…
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Data Driven Supply Chain Modeling with Ralph Asher
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32:38
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In this episode, Justin Smith interviews Ralph Asher, an expert in network design and optimization. Ralph shares his background working at Target and General Mills, where he focused on supply chain design. He discusses the challenges and opportunities of network design during mergers and acquisitions, as well as the importance of data management in…
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The Importance of Relationships in Value Add Industrial Real Estate with Eric Ruehle
26:43
26:43
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Eric Ruehle of West Harbor Capital discusses the company's background and their focus on the industrial real estate market. They specialize in value-add investments in the Southern California region, with a deal size of $10 to $50 million. Ruehle emphasizes the importance of relationships in the industry and the value of high barriers to entry, suc…
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Understanding Rental Rates and Market Conditions with Chris Vassilian
14:27
14:27
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In this episode of Industrial Insights, Chris Vasilian discusses tenant representation frequently asked questions. The two main topics covered are the need for office space with a small warehouse component and the decision between lease renewals and relocations. Chris explains the different options for combining office and warehouse space and the c…
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Full Client Service Support for Chinese 3PLs with Chris Vassilian
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Chinese 3PLs are increasingly leasing space in the Inland Empire, Orange County, and LA County due to the growth of manufacturing in China and the need for storage and distribution in the US. Despite initial concerns about the financial stability of these companies, many have honored their commitments and even received security deposit refunds. Lan…
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Condo Converations and Value Add Strategies with Rob Guthrie
1:04:58
1:04:58
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Rob Guthrie, founder of Guthrie Development, shares his experience in industrial real estate, specifically in condo conversions and value-add strategies. He discusses his background in real estate development and his specialization in small industrial buildings for sale. Rob emphasizes the importance of location and demographics when considering co…
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36 - Selectivity in Partnerships + the State of Channel Research + ChannelCon with Carolyn April
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44:49
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Let us know what you think of the podcast. Carolyn April discusses: the state of the IT channel, research availability, the impact of AI, the importance of quality over quantity in vendor-partner relationships and what to expect at ChannelCon. She also shares exciting details about the upcoming ChannelCon event in Atlanta. As well as taking us thro…
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The Role of Data in Designing Storage Solutions with Michael Schulte
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In this episode, Justin Smith interviews Michael Schulte of Intralog about setting up a warehouse and the role of brokers in the process. Intralog is a material handling systems integrator that brings data-driven design to customers who may not have access to it. They discuss network optimization, which involves using mathematical optimization to m…
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35 - How to PE Takeover-Proof Your Channel Program - David Sherman
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Let us know what you think of the podcast. How does a private equity firm’s takeover typically impact a company's strategic direction and how can it affect their channel partner program? Sometimes, channel partner programs get the axe when a PE firm takes over. In today’s episode, we’ll: explore this issue, investigate the underlying reasons, and d…
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34 - Hiring A Fractional Channel Chief vs. In-House - Kameron Olsen
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Let us know what you think of the podcast. Have you ever heard of a fractional channel chief? This is a concept that's shaking up the industry, and we had the privilege of delving into it with Kameron Olsen, a leading expert with over 15 years of experience. So, what exactly is a fractional channel chief? Unlike a full-time in-house channel leader,…
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33 - Gen AI & How You Can Add Digital Workers to Your Partnerships Team with Alden Hultgren
30:31
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Let us know what you think of the podcast. How does one begin to integrate AI into their partner programs? Alden Hultgren provides practical advice, from mapping out automation opportunities to designing partner experiences that are not just functional but delightful. She envisions a future where digital workers become integral to partnership teams…
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Industrial Intelligence: Change of Ownership
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At the most fundamental level, a change of ownership adds another party to the agreement that was not present during the initial negotiations. There are times when nothing changes except for the property manager and life goes on. However, a new landlord is usually a sign of change to come.By Justin Smith
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32 - Prioritizing the Partner Experience (PX): The Basics - Bernhard Friedrichs, PartnerXperience
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38:36
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Let us know what you think of the podcast. Bernhard Friedrichs (PartnerXperience) joins us to share his wealth of knowledge on crafting a partner journey that fosters collaboration and drives capital-efficient growth. He takes us through the nuances of treating partners as equals, not customers, and the importance of transparency and trust througho…
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Industrial Intelligence: Fair Market Value Analysis
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If you're an appraiser, tenant, or landlord involved in R&D industrial properties, this video is a must-watch! Unlock the insights that lead to successful appraisals and leasing experiences. Hit the play button now and subscribe to our channel for more industry expertise and advice.By Justin Smith
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Industrial Intelligence: Lease Administration
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1:16
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For companies operating ten locations or more, efficient lease administration is essential to keep track of crucial dates, financial details, rights, responsibilities, reconciliations, and option dates. In this video, we explore how lease administration software, a part of the thriving property technology (PropTech) industry, can revolutionize the …
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CAM (common area maintenance) reconciliations are a common practice in commercial real estate, but they can lead to surprising expenses for executives. In this eye-opening video, we shed light on the complexities of CAM reconciliations and how they can impact your bottom line.By Justin Smith
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Moving to a new place can be exciting, and we're here to help you make the most of it. In this video, we'll discuss the crucial steps you can take to enhance your experience and keep things running smoothly.By Justin Smith
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31 - 3 Partnerships Podcast Hosts Discuss 2023 Trends & 2024 Predictions - Rob Spee, Vince Menzione
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Let us know what you think of the podcast. We dissect the past year's partnership trends and forecast what's on the horizon for 2024. Join our guests, Rob Spee & Vince Menzione as we dive into topics such as: co-selling partner programs partner relationship management marketplaces resellers the impact of AI on channel sales 2024 predictions (and re…
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Industrial Intelligence: Specific Concerns when Moving Equipment
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0:59
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Moving machinery, equipment, and delicate lab materials require meticulous planning and preparation to ensure a seamless transition. In this informative video, we delve into the specific concerns and crucial steps you need to take when relocating such sensitive items.By Justin Smith
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Congratulations on successfully completing your move! As you settle into your new space, it's essential to address several crucial post-move housekeeping items to ensure a seamless transition. In this comprehensive video, we'll guide you through the necessary tasks to take care of after the move, so you can start fresh in your new surroundings.…
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Moving day can be a stressful and chaotic time, but with the right approach and organization, you can ensure a seamless transition to your new home. In this comprehensive guide, we reveal the key steps to orchestrate a successful move day and guarantee that everything goes according to plan.By Justin Smith
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As the big day approaches, it's essential to ensure every detail is well-organized to make the transition as smooth as possible. In this video, we'll cover crucial tasks you should focus on at the 30-day mark to ensure a successful move.By Justin Smith
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We'll discuss a comprehensive 60-day transition plan for businesses preparing to relocate their properties. Moving to a new location can be a complex process, and proper preparation is key to ensuring a seamless transition for both your employees and your operations.By Justin Smith
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In the process of transitioning to a new space, careful planning is crucial. Beginning 90 days before the move, considerations include securing machinery permits and certifications, bidding and selecting a suitable moving company, and addressing specialized needs for industrial equipment. Inventorying furniture, managing insurance paperwork, obtain…
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Industrial Intelligence: Upgrading Older Manufcaturing Buildings
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We explore the essential considerations when upgrading older manufacturing buildings to meet modern distribution needs. In Southern California, a substantial portion of available properties were constructed during the sixties, seventies, and eighties, making it crucial to adapt these structures for distribution purposes effectively. Join us as we u…
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Mastering Material Handling Dynamics in Industrial Real Estate
21:19
21:19
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In this episode, Justin Smith brings in Greg Hanoian from United Material Handling to delve into the intricacies of material handling, timelines, and considerations for setting up warehouses. Joined by Chris Vassilian, they explore the basics of material handling and its growing importance in client conversations. The discussion covers essential co…
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Industrial Intelligence: Job Walk with Contractors
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1:45
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We explore the crucial advantages of conducting job walks with general contractors and how they contribute to the overall success and efficiency of construction projects. Gone are the days when contractors simply show up, give a bid, and the project begins. As projects scale up in size and complexity, job walks play a pivotal role in the constructi…
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30 - The Importance of C-Level Support for the Success of Channel Partner Programs - Paul Banco
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Let us know what you think of the podcast. Paul Banco makes the case for why leadership buy-in is critical. Drawing from decades of experience, Paul explains how partner alignment, executive involvement, and presenting a clear vision are key to gaining leadership support. He also outlines how to get executives on board, involve them in shaping the …
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To succeed, it's essential to establish clear cost expectations from the outset. By fixing costs upfront, tenants and landlords can set the foundation for a successful construction journey. Learn about the critical role of good space planning and architect work in the early stages of a project. A pricing plan, combining architectural drawings and e…
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Navigating the Complexities of Supply Chain and Logistics
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27:08
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Justin Smith welcomes John Haber, Chief Strategy Officer at Transportation Insight Holding Company to discuss the intricate world of supply chain and logistics, shedding light on the challenges faced by executives in the e-commerce and shipping sectors. Drawing from his extensive experience, John shares insights into the evolving landscape, touchin…
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Consolidation Challenges in Industrial Real Estate
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5:07
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Justin Smith and Grant La Bounty delve into the complexities of consolidation in the industrial real estate market. They discuss the challenges businesses face when managing multiple locations, especially when dealing with different lease expiration dates and landlords. They explore potential win-win scenarios, shedding light on market dynamics and…
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Industrial Intelligence: Expediting Permit Approval Process
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Discover how cities' increasing understaffing and longer turnaround times have made permit approval a time-consuming challenge. However, there are actionable solutions to overcome these obstacles. One option is to invest in expedited turnaround times, which can fast-track your project. Alternatively, consider hiring a third-party expediter, someone…
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Industrial Intelligence: Private vs Institutional Tenant Improvements
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Private landlords tend to be cautious with their spending, holding onto cash until a tenant is secured. This can mean minimal upfront investment in preparing the space. On the other hand, institutional landlords take a proactive approach by investing in the space upfront, even without a confirmed tenant. This trend of increased institutionalization…
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Join Justin and Grant as they discuss the current market and the rise of sublease space.By Justin Smith and Grant La Bounty
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29 - Structuring Partner Programs as an Entrepreneurial Pursuit: A Dissertation by Dorian R Kominek
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Let us know what you think of the podcast. Our guest, Dorian Kominek, realized the pursuit of partnering and partner programs was in need of a foundational framework. So she has set out to work on changing the minds of partnering organizations to rethink their approach to partner program development. Guest bio: From Channel Manager, to Strategic Pa…
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Industrial Intelligence: Different Conditions of Office Space
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Are you curious about the different conditions of office space found in industrial buildings? In this informative video, we delve into the implications of shell condition and fully renovated spaces. Join us as we explore the spectrum of office space conditions, from pristine Class A constructions to properties that have seen previous occupancy with…
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Negative Net Absorption and Lease Renewals
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This year's So Cal industrial theme is negative net absorption and lease renewals. What does this mean in the marketplace? Lots of impasses in negotiation. Slower velocity. Deals are still getting done, though! Class A lease rates are holding on by a thread. Great credit is worth an 8-10% discount on rates for many projects. Class B landlords are d…
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Industrial Intelligence: Entities on Lease Contract
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Discover how to choose the right entities for lease contracts, whether you're a sole proprietor, startup, or corporation. CEOs and business owners, understand the importance of assessing whether the parent company or subsidiary should be on the lease. Financial complexities: Learn how corporate parents consolidate subsidiaries and the impact on lea…
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28 - Ultimate Guide to Partnering with Vince Menzione, Rob Spee
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Let us know what you think of the podcast. Paul appears on an episode hosted by Vince Menzione. They, along with Rob Spee, explore the dynamics of partnerships and ecosystems, channel marketing, and the pivotal role of the chief partner officer. Other subjects include ecosystem attribution, channel alignment, partner marketing strategies, and the r…
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Industrial Intelligence: Tenant Improvements
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Join us as we delve into the complexities of tenant improvements and examine the essential factors tenants must carefully consider during lease negotiations to ensure their requirements are satisfactorily fulfilled.By Justin Smith
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Industrial Intelligence: Types of Lease Contracts
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Are you curious about the various lease contracts used in commercial real estate? Join us as we dive deep into the world of commercial lease agreements and uncover the advantages and disadvantages of two commonly employed contract types: fill-in-the-blank contracts and custom crafted contracts. In this video, we shed light on the importance of the …
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By Justin Smith
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Rent escalations or annual increases are common features in lease agreements, but have you ever wondered how these adjustments are determined? In this informative video, we delve into the factors that influence rent escalations and shed light on the market-based system that governs these decisions.By Justin Smith
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Industrial Intelligence: Renewal vs Relocation
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Considering lease renewal or relocation for your business? In this informative video, we explore the crucial factors you must evaluate before making a decision. Moving to a new building of the same size may seem tempting due to potential rent differentials, but is it truly cost-effective? Join us as we delve into the associated expenses and payback…
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Industrial Intelligence: Different Lease Types
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Lease types in the industrial market can be complex and bewildering. In this informative video, we provide a comprehensive overview of the main lease types encountered, such as gross, modified gross, and triple net leases. Discover the key differences between these lease structures and how they impact tenant responsibilities and expenses.…
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023: Alice Heiman - Harnessing the Power of Community: How CEOs Can Drive Sales Performance
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On this week's episode of the People Powered Community podcast, we're joined by Alice Heiman, Chief Sales Energizer and host of the Sales Talk for CEOs podcast. Learn about Alice's super-connector superpower. Gain insights into the complexities of B2B sales and learn how to make the process easier and more enjoyable. Explore practical strategies fo…
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