All Forum Posts by: Kumar Y.

@Joel Owens thanks for all the insight.

How can we get pre leasing with national tenants? Are there specific big brokers that have that kind of influence to get national tenants.? If I am doing my first retail construction, is getting national tenants impossible?

Nilesh,

I would echo what others have chimed in. Frisco does not make sense for rentals.

I have been actively looking for rentals all over in metroplex. Last week, I made an offer for a house in Cedar Hill and was outbid. My offer was for full asking price.
I like pockets of cedar Hill, Arlington ( south east, Mansfield isd), parts of Crowley.

Thanks @Scott Meyers. What is good SS SF per Person number that would be ideal to say the market could absorb additional capacity.? Do you assume a 5 mile radius as the population.?

thanks Mike. Will PM you.

Thanks @Kenneth Reimer.  I will send you PM.

I am not working with any brokers, but wanted recommendations for 3rd party independent companies that do SS market study.

I am looking into buying an existing self storage facility in Texas. The economic occupancy on the property is low. I want to get a Market feasibility study done to make sure the market is not over saturated. Does anybody have recommendations on companies that do market study for SS.?

Thanks,

Hi @Shital Thakkar,

I was looking at getting into the CRE space. In Oct of last year, we made an offer for a 6 tenant retail strip center, but the offer was not accepted. Overall i feel, in the DFW area the cap rates are too compressed (5-7%) compared to the risk. The big risk that i see with commercial is that - it is one of the first investment that takes a hit when economy is not doing good.

I have been recently leaning towards investing in Self Storage and MFR.