US industrial property trends – from Texas to the nation

We welcome Conrad Madsen, Co-Founder and Partner at Dallas-based Paladin Partners, to this week’s podcast. Conrad shares his journey into commercial real estate, specifically what led him to establish a leading industrial real estate brokerage in North Texas. We also dig into Conrad’s perspective on the industrial real estate sector, discussing Texas’ role as a dominant player in America’s manufacturing reshoring, market drivers for growth and resiliency, and the changing ways tenants use industrial space.Key Takeaways:(02:04) What led Conrad to a career in commercial real estate(03:41) Seeing brokers at Addison Circle provided inspiration(05:47) Getting started as a commercial real estate broker(08:24) Why Conrad chose the industrial sector(10:56) Texas’ advantages in the industrial real estate market(14:46) The founding of Paladin Partners focused on industrial real estate(18:10) Starting the Paladin Partners Foundation for charitable work(21:57) Industrial subsectors and DFW’s role as a logistics hub(25:57) How industrial space is evolving(28:23) Conrad’s optimistic forecast for industrial real estate in 2024(31:56) The impact of AI and technology on CRE’s future(34:00) Conrad’s wish for a change in the industry: reversing rate hikesResources Mentioned:Conrad Madsen -https://www.linkedin.com/in/conradmadsen/Paladin Partners | LinkedIn -https://www.linkedin.com/company/paladin-partners-commercial-real-estate-services/Paladin Partners | Website -https://paladin-partners.com/Thanks for listening to the CRE Exchange podcast, powered by Altus Group. If you enjoyed this episode, please leave a review to help get the word out about the show. And be sure to subscribe so you never miss another insightful conversation.#CRE #CommercialRealEstate #Property