What makes Omaha a hidden gem for real estate investments?
Seth Campbell, a veteran commercial real estate broker, shares his journey from a 20-year career at CBRE to launching his own brokerage firm in Omaha, Nebraska. Seth dives into the unique characteristics of Omaha's real estate market, his family's multi-generational involvement in property investment, and his passion for supporting local businesses. This episode offers an insider's perspective on building a legacy, navigating market fluctuations, and finding success through community-oriented investments.
[00:01 - 06:00] From Corporate Giant to Local Champion
- Transition from 20-year CBRE career to independent brokerage
- Family legacy spanning three generations in real estate
- Focus shift to serving local Omaha businesses and investors
[06:01 - 12:27] The Entrepreneurial Leap
- Renewed enthusiasm from owning a brokerage
- Managing both brokerage and family property portfolio
- Balance between corporate experience and local market focus
[12:28 - 18:34] Omaha's Market Dynamics
- Consistent 2-3% industrial vacancy rate
- Higher cap rates compared to coastal markets
- Steady growth pattern with data center expansion
[18:35 - 24:48] City Evolution and Growth
- Integration of historical architecture with modern development
- Strategic focus on retaining young professionals
- Impact of Warren Buffett's presence on local market
[24:49 - 30:49] Success Beyond Numbers
- Personal challenges in early brokerage career
- Importance of resilience in commission-based work
- Definition of success centered on family provision
Connect with Seth:
Website: https://campbelldana.com/
LinkedIn: https://www.linkedin.com/company/campbell-dana-commercial-real-estate/
Instagram: https://www.instagram.com/campbelldanacre/
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Tweetable Quotes:
“Every gray hair is another year of wisdom.” - Seth Campbell
“Omaha isn’t flashy, but it’s a stable, steady investment for those who value consistency.” - Seth Campbell
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