In this solo episode of the Fort Podcast, Chris Powers discusses the reasons behind his company's focus on acquiring Class B multi-tenant light industrial properties in core Texas markets. He highlights the increasing demand driven by online sales, last-mile optimization, and emerging industries like cloud kitchens and cannabis. Powers emphasizes the depleting and irreplaceable supply of these properties, the wide range of tenants, and the sticky nature of the tenant base. He also points out the predictable CapEx, easier management, and the potential for institutional interest through aggregation, making Class B industrial an attractive and still early-stage investment opportunity.
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