About this episode
Jack Fraker is President and Global Head of Industrial & Logistics Capital Markets for Newmark. He is responsible for driving Newmark’s industrial & logistics business, primarily capital markets but also leasing.Jack has personally completed over 1,800 industrial & logistics capital markets transactions totaling 1.5 billion square feet | $85 billion in more than 60 U.S. cities, Mexico, Europe, Japan, and South America. He has also advised on approximately 12,000 acres of development sites and over 300 office/industrial leasing assignments. As a partner with other firms prior to Newmark, Jack was cumulatively involved in over 3.3 billion square feet | $220 billion in various projects.We discuss:
The global state of Industrial real estate
Development, leasing, and sales trends
The Future of Industrial in Texas and Mexico
We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners. https://www.thefortpod.com/surveyLinksNewmarkJack Fraker on LinkedInTopics(00:00:00) - Intro(00:04:21) - Nokia ’94-’00(00:11:20) - “Inventing” investment sales in the industrial world (00:17:20) - How is industrial positioned globally?(00:20:56) - How is America viewed globally regarding industrial?(00:23:37) - Is it harder to close deals with foreign investors vs. domestic ones?(00:25:39) - What have you experienced in the market in the last 2 years?(00:32:52) - What does a good spec developer look like and what does a bad one look like?(00:38:28) - The pressure of AI on rents(00:39:54) - Mexico(00:41:57) - What does the future of Industrial look like for Texas?(00:44:38 - Development, leasing, sales, and TI(00:50:36) - What data do you pay attention to most when thinking about the industry?(00:53:19) - Retail-to-industrial(00:54:25) - Technology trends(00:57:51) - How do multi-billion dollar deals get done?Support our SponsorsVesto: https://www.vesto.com/fortBetter Pitch: https://bit.ly/42d9L0IFort: https://bit.ly/FortCompaniesFollow Fort on LinkedIn: https://www.linkedin.com/company/fort-companies/Chris on Social Media:The Fort Podcast on Twitter/X: https://x.com/theFORTpodcastInstagram:
