Win
I've owned a 48,000 square foot single tenant distribution building since 2016. Third generation family distributor, 28 foot clear, seven docks, decent yard. Lease was running to…
Loss
Numbers first. 31,000 square feet, built 1979, single tenant vacant at purchase, 18 foot clear at the peak of the bay and about 16 at the haunch, four dock doors with no levelers,…
Win
I bought a 4,200 square foot end unit in a six unit light industrial condo park in a mid-size midwest market. Purchase price $395,000, so about $94 a foot. The tenant is a cabinet…
Win
First one done. 7,200 sf end unit in a 1990s light industrial condo park, 16 foot clear, one dock and one grade door, small office up front. $520,000, so $72/sf, in a park where t…
Loss
This is the first thing I ever did with real money and it went to zero, so here it is in plain terms in case someone else is looking at the same kind of offer. What it was. A grou…
Win
I own eight apartment units and I've been reading this room for a year trying to work out whether industrial is actually simpler. It is different rather than simpler, and here's w…
Win
Land plays into industrial income without a building on it, so here's how one went. I bought 6.1 acres of I-2 zoned ground in a secondary market about 4 miles from an interstate i…
Loss
This is the one I got wrong, and I did the due diligence, which is the annoying part. Two 1990s vintage bulk buildings, roughly 310,000 square feet combined, 24 foot clear, in a s…
Win
First deal after a long stretch of research and no purchases, so I'll skip the part where I explain why it took so long. Two tenant shallow bay, 14,000 square feet, built 1996, 22…