New to BP, Commercial Broker in Denver, CO. Hi!

Commercial Real Estate Broker · Denver, CO · Member since 2015 · 38 posts · 8 votes

Hello fellow BP members. I've had a chance to explore the site over the last few days and now wanted to make my introduction to you all!

My name is Matt Dorsten, I have been a commercial broker in Denver now for about 4 years. The company I work for is focused primarily on Industrial Real Estate (warehouses); however, prior to getting into commercial real estate I was a City Planner so I have interest in real estate development as well. Ideally, I would like to get involved in build-to-suit (BTS) projects and development projects that involve taking raw land from the zoning stages, to site planning stages, and finally to building permit stages.

I'm excited to joy BP, with the wealth of knowledge here and the opportunity to network, I'm looking forward to getting to know other members!

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Bill S.Pro Member

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Rental Property Investor · Denver, CO · Member since 2013 · 4k+ posts · 2k+ votes

11y

@Matt Dorsten welcome. I too am interested in commercial space. Seems that it has much fewer toilets.

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Mindy JensenPro Member
BiggerPockets Money Podcast Host · Longmont, CO · Member since 2014 · 7k+ posts · 10k+ votes
11y
Welcome to BiggerPockets, @Matt Dorsten.
Have you set up your keyword alerts yet? Reserve at least one for your local area, to keep up with conversations and connect with investors in your area. Another keyword idea would be commercial or build to suit.
Have you found our Podcast yet? Listen to one and you'll be hooked!
[email protected]Podcast Guest on Show #261
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Matt M.
Realtor · Denver, CO · Member since 2013 · 2k+ posts · 1k+ votes
11y
Originally posted by @Matt Dorsten:

The company I work for is focused primarily on Industrial Real Estate (warehouses);
Welcome! Since you are in industrial, I'd love to hear about some experiences you've had with the marijuana grows, etc.
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Stuart Birdsong
Investor · Fort Collins, CO · Member since 2015 · 304 posts · 112 votes
11y
Matt,
Welcome to BP! Lots of great resources available to you on the site. Cheers!
Stuart
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Mark Nolan
Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
11y
@Matt Dorsten
Welcome to Bigger Pockets. It is a good community to network and learn about all aspects of real-estate investing.
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Bill S.Pro Member
Moderator
Rental Property Investor · Denver, CO · Member since 2013 · 4k+ posts · 2k+ votes
11y
@Matt Dorsten welcome. I too am interested in commercial space. Seems that it has much fewer toilets.
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Linda WeygantPro Member
Investor and CPA · Arvada, CO · Member since 2015 · 2k+ posts · 3k+ votes
11y
Originally posted by @Matt M.:

Originally posted by @Matt Dorsten:
The company I work for is focused primarily on Industrial Real Estate (warehouses);
Welcome! Since you are in industrial, I'd love to hear about some experiences you've had with the marijuana grows, etc.
Agreed. I've heard the warehouse market is nuts now and you finding space to use fro something other than growing is incredibly difficult.
Podcast Guest on Show #244
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Matt Dorsten
OP
Commercial Real Estate Broker · Denver, CO · Member since 2015 · 38 posts · 8 votes
11y
Originally posted by @Mindy Jensen:

Welcome to BiggerPockets, @Matt Dorsten.
Have you set up your keyword alerts yet? Reserve at least one for your local area, to keep up with conversations and connect with investors in your area. Another keyword idea would be commercial or build to suit.
Have you found our Podcast yet? Listen to one and you'll be hooked!
Thanks Mindy! Yes, I have set up a few keyword alerts but, you gave me some good ideas on how to better set them up, thanks!. Haven't listened to the podcasts yet but, it's definitely on my "to do"!
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Matt Dorsten
OP
Commercial Real Estate Broker · Denver, CO · Member since 2015 · 38 posts · 8 votes
11y
Originally posted by @Matt M.:

Originally posted by @Matt Dorsten:
The company I work for is focused primarily on Industrial Real Estate (warehouses);
Welcome! Since you are in industrial, I'd love to hear about some experiences you've had with the marijuana grows, etc.
Hi Matt, feel free to get in touch with me though here. The MJ business heavily impacted the market a few years ago and while it still continues to do so, there doesn't seem to be as much MJ activity as there previously was. Regardless, MJ has definitely impacted the industrial market overall.
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Matt Dorsten
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Commercial Real Estate Broker · Denver, CO · Member since 2015 · 38 posts · 8 votes
11y
Originally posted by @Bill S.:

@Matt Dorsten welcome. I too am interested in commercial space. Seems that it has much fewer toilets.
Thanks Bill! Yes, fewer toilets (haha) and more responsibility placed on the tenant when compared to residential leasing! I primarily focus on industrial property but, am happy to help or answer any questions of the non-residential market. Feel free to ask away!
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Matt Dorsten
OP
Commercial Real Estate Broker · Denver, CO · Member since 2015 · 38 posts · 8 votes
11y
Originally posted by @Linda Weygant:

Originally posted by @Matt M.:
Originally posted by @Matt Dorsten:

The company I work for is focused primarily on Industrial Real Estate (warehouses);
Welcome! Since you are in industrial, I'd love to hear about some experiences you've had with the marijuana grows, etc.
Agreed. I've heard the warehouse market is nuts now and you finding space to use fro something other than growing is incredibly difficult.
Hi Linda, what you heard is likely somewhat correct. The MJ industrial has taken up a lot of the class C warehouses that, if not for MJ, would have likely sat vacant. Now with a more healthy market in Denver, it's hard to say whether those class C warehouses would have leased to non-MJ uses. MJ has probably impacted 5-8% of the total vacancy in MJ friendly communities.
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Kyle Tokasey
Investor · Tempe, AZ · Member since 2015 · 304 posts · 19 votes
11y
Hey @Matt Dorsten
Welcome to the Bigger Pockets Community!
It's nice to see someone with as much experience as you joining the site. I look forward to working with you on the forums.
Good luck to you in your real estate ambitions!
-Kyle
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Jean BolgerPro Member
Aurora, CO · Member since 2012 · 2k+ posts · 1k+ votes
11y
Welcome, @Matt Dorsten
industrial definitely seems under-represented here on BP so far, I'm glad you can help us remedy that. And it's always great to hear from a planner's perspective as well.
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