EP 168: Exploring and Unveiling the Diverse Industrial Real Estate Scene and Beyond - Part 1

Join us for an exciting episode with Dr. Mike McManus and Tre Bordeaux as they delve into an insightful discussion about the distinctions between commercial and residential real estate, particularly emphasizing the industrial sector. Their dialogue extended to exploring the present market conditions, encompassing the effects of interest rates, the prospects related to the inland port, and the investment potential in Salt Lake City and its environs. 

They addressed the obstacles the multifamily and industrial development sectors encountered amidst the prevailing economic conditions, emphasizing the significance of comprehending company operations and being proactive about industry solutions.

What you’ll learn from this episode

•  Industrial and logistics real estate with a focus on properties ranging from 5,000 to 500,000 square feet in Salt Lake City and its surrounding counties.
• Entry into Commercial Real Estate demonstrating a proactive approach and drive for success.
• Real Estate Insights with an emphasis on the differences between commercial and residential real estate highlighting their complexities, particularly in the industrial sector which is more logistics-based and numbers-driven.
• Market Analysis and insights into the fluctuating market conditions in commercial real estate, particularly in the industrial sector, discussing factors such as supply chain disruptions, logistics decisions, and business expansions.
• Future trends related to land supply, the flex space market, and the overall state of the industrial market, shedding light on areas of growth and providing advice for those considering entry into the industrial market.

 

About Tre Bourdeaux

Tre currently serves as a Vice President specializing in Industrial & Logistics on the Peterson Industrial Team in the Salt Lake City office of Legend Partners. Tre’s area of focus is in 5,000 to 500,000-square-foot industrial real estate, specifically in Salt Lake, Davis, Weber, and Utah Counties representing all real estate needs for landlords, tenants, buyers, and sellers. Tre also focuses on sale and lease in build-to-suit developments involving manufacturing plants, distribution warehouses, R&D facilities, and other light industrial property types. Tre started his career in Commercial Real Estate in 2018 after finishing his Economics degree from the University of Utah.

Tre has successfully closed over $150 Million in transactions over his 6-year career. His success is in the early stages of his career and has earned him high respect throughout the entire brokerage community. He is highly equipped with knowledge in real estate research, sales, and marketing. Possessing exceptional interpersonal skills and analyzed strategic planning that has allowed him to have great success in the first six years of his career.

Tre has a drive to take care of his clients and cater to the various needs that are becoming harder and harder to find in Utah’s real estate market. He brings a great amount of diversity as well as a vast number of connections that include many decision-making individuals in the state of Utah. His outreach, knowledge, and success at such a young age in this industry have proven he will continue to be a known figure in the brokerage community for years to come.

 

Connect with Tre

• LinkedIn
• Legend Partners
• Instagram
• Facebook
• Email

 

What to anticipate soon, stay tuned!

• Mike will soon commence hosting webinars to offer an interactive learning experience!
• Facebook Live: "Ask Me Anything"  an interactive 30-minute question and answer session on a weekend morning coffee
• The Fortress Capital Investors Club Launch

Connect with us

If you’re a busy professional who wants to know more about growing your wealth through real estate, contact us at welcome@thefortresscapital.com | TheFortressCapital.com  

• Website: Surgeon Syndicate
• LinkedIn: Michael McManus
• Instagram: @michaelmcmanusp
• Facebook: Michael McManus