In this episode..
We talk with Steve Hoyt, founder of Hoyt Properties, Inc., has been responsible for over $500 Million in transaction value during his career. Over the past thirty years, Hoyt Properties has developed and acquired over six million square feet of commercial space primarily in the Twin Cities.
In 1994, Hoyt Properties contributed approximately $100 Million in properties as a founder of First Industrial Realty Trust (NYSE-FR) in connection with its IPO. Steve remains a shareholder of the nation’s largest industrial REIT.
In this episode you will learn: –
????️ What are the sub categories within Industrial Asset Class and how does the lease and rent increases as compared to multifamily?
????️ How does build to suit in industrial real estate work?
????️ What are the risks that investors should be aware of?
????️ How to evaluate investment opportunities when considering to invest in industrial?
????️ What CAP rates and IRR investors commonly see in this asset class?
