Shy Assar sits down with Chelsea Levane, Director of Investments at Cabot Properties, to unpack how institutional capital is navigating today’s industrial real estate market across Southern California and the Western U.S.
From core vs. value-add strategies to Cabot’s industrial-only investment thesis (dating back to 1986), we dig into what separates long-term operators from short-cycle capital. Chelsea breaks down why the Inland Empire’s rent correction is creating rare buying opportunities, how pricing today sits near or below replacement cost, and why yield premiums in this region stand out vs. other major markets.
We cover leasing trends, tenant behavior post–“Liberation Day,” early renewals at rents above today’s market, and how brokers can actually add value by understanding tenant sentiment in real time. Chelsea also explains Cabot’s move toward vertically integrated development, their use of synthetic JVs, and what it takes to structure deals that work for investors, developers, and tenants.
Support the journey — like, comment, subscribe.
Music License: MB01TGKRMBHDK91