Podcast: The Industrial Real Estate Show with Chad Griffiths
Eli Randel is the chief strategy officer at U.S.-based CREXi, and joins host Chad Griffiths for a timely look at some of the latest headlines affecting industrial real estate owners and managers, as well as uncertainty in our economic markets.
1:56 – The Prologis acquisition of Duke;
4:05 – A macro look on industrial;
4:55 – Strategy for investors;
7:05 – Industrial vs. other asset classes;
8:27 – Bricks and mortar;
13:08 – Work from home;
21:20 – Is it time to do a ground-up development?;
24:15 – Amazon maxing out warehouse space;
28:00 – Interest rates;
44:40 – Sitting on the sidelines;
47:05 – Construction costs;
49:30 – Loan defaults;
55:20 – Real estate vs. crypto;
1:03:05 – CREXi.com.
Randel leads strategy for Crexi after 15-plus years of CRE and CRE finance experience.
He joined Crexi in 2016 following a period as director of dispositions for Invitation Homes, where he led portfolio dispositions in preparation for the company’s IPO. Previously, he was a director of capital markets at Cohen Financial, helping raise LP equity and construction financing for large commercial real estate developers.
Prior to Cohen Financial, Randel helped launch Auction.com (now TenX ), which he joined when his previous employer LNR Partners formed a JV with the online platform.
Randel began his career at CBRE, where he spent three years as a senior financial analyst before obtaining a full academic scholarship to earn his MBA at the University of Florida.