Geneva in foreground, Mont Blanc in the distance. Tour du Mont Blanc couples hiking trip. I'm gonna check out their warehouses!

I know it has nothing to do with CRE or warehouses, but here is a pretty view from the Tour du Mont Blanc for my X peeps! Looking South into Italy from the border with Switzerland at the top of Col du Val Ferret.

Big news for OFFICE in Austin! Per CoStar: buildout to begin in October.

Can't help but see the irony in this... Anybody else find this to be a touch "creepy"? TikTok Deploys Return-to-Office Tracking App as Part of Latest Attendance Mandate costar.com/article/176098…

Had a great call with fellow CCIM Justin Ryder, CCIM yesterday. Love the great people I've been able to meet here on retwit or re-x or whatever we call now!!!

"Austin has been one of the nation's best performers, at almost 9,600 units of absorption over the past year..." - CoStar Industrial showing a similar trend. LOTS of new construction led to higher vacancy, but absorption still very strong. Understand the WHOLE story.

Yield curve finally starting to flatten? July '23 on top. Today on bottom. Spread of 2yr to 10yr down from 1.08% to .34bps! Maybe the end is in sight.

Had some great meetings the past two weeks with Ec Dev guys here in Central Texas. Big stuff still cooking here! Look beyond the doom and gloom headlines. If you're a player in industrial, I think you're in a good spot.

Perspective: though some ind'l CRE data at first glance may appear negative (vacancy rate ↑, leasing rate ↓ , etc), when you dig deeper you realize we are coming down from the "bubble" level created by the pandemic shutdown. Markets revert to mean. My Q3 Report out soon.

My Q3 Industrial update just posted. Key takeaways: 1. Vacancy rate ↑ 2. Good news for tenants: rents barely increased. 3. 20MM sq ft new construction currently. DM me if you'd like a copy of the full report.

Well, Austin friends, I hope you enjoyed our two weeks of Fall! Winter starts today! Spring runs Feb 15th-March 1st. I'll see you then!

Another "W" for Levi Benkert and Harbor Capital! Congrats, Levi!

Awesome video on mistakes made doing ground up industrial development. I love his transparency and honesty! Check out molson 🧠⚙️ if you're not already following.

My business philosophy has always largely been "I'm here to serve." If I can help someone out, I try to do so. Is there business there for me? Sometimes. But sometimes not. But my experience has been that if I genuinely try to be of service to others, and help when and where I

"Fed holds rates steady, upgrades assessment of economic growth" You must be shitting me. Seriously? Lending is slowing, credit is tightening, mortgages for housing down, these are not leading indicators signaling economic growth. Beyond just CRE, these are signs of slowing,

New 100 acre industrial development just filed by Endeavor! NE of Austin, N of Tesla. Add it to the pipeline! If you own a business needing +100k SF of industrial 2024 is your opportunity!

Austin Ind'l Vacancy Rate now leading the nation! Opportunity for tenants. costar.com/article/196488…’-development-landscape