Has anyone been a part of or tried to put a project together to develop flex-space near a planned data center construction site? (Targeting related clients like Diesel Mechanics, Welders, etc) I’m working one deal right now representing a Data Center development group, and potentially about to enter discussions for a second project 45 minutes from the first site, but was curious if anyone had thoughts about a play like this to secure land before a project announcement and land comps increase in those areas?

Thinking about flipping one of my properties and would like to roll the gains into the Texas market for a development project (based in Austin but would like to target one of the smaller sub markets) Anyone here currently investing/building in Texas? would love to connect this week Very strong on the acquisition side, as well as underwriting for commercial real estate. Just need to zero in on a particular area👍🏼

What market are you investing in or targeting? Drop your city below.

Basecamp is a community built for you. I have enjoyed meeting many of you and look forward to continuing to meet new people. We have experienced great growth over the last 4-5 months. Now I would like to take a step back and ask you what you need from the community to be more successful. Let me know what you are getting out of the community, and what you would like to see more of. I look forward to hearing from each of you. Cheers! wS

Now that I’ve done two smaller projects, I think I’ve learned quite a bit to target something a little larger on the value add side ( i’ve also learned things to watch out for that can quickly increase a rehab budget) Came across this very old set of buildings in my market, and funny enough, it’s an actual flex space property that’s probably older than me, just in pretty beat up shape The seller owns a handful of properties in that market, but he’s the type of guy to just buy & sit on them without ever selling, which causes all of his properties to look very deferred Doing some rough analysis on ChatGPT it looks to be about 20-25,000sqft, some buildings like the dome shaped ones are in pretty rough shape, so I would probably try to demo those and make additional parking while upgrading the others by reskinning the parts where metal is bad and then repainting the entire park to improve curb appeal. Killer location next to high traffic intersection, as well as a Walmart and Lowe’s to make material runs easier on contractors If you were talking to an older owner who is not really in the mindset to sell, how would you go about trying to put an offer together? Would love to hear some ideas