In this second episode with our guest Tre Bourdeaux, they discussed the robust state of the industrial market, highlighting the emergence of new opportunities and advising on entering the market with smaller, manageable projects. They also addressed the impact of interest rates, challenges faced by the development sectors, and investment potential in Salt Lake City and surrounding areas. Tre emphasized the importance of understanding company operations and provided his contact information for further communication.
What you’ll learn from this episode
- Utah's robust market despite distressed projects.
- Entering the market advice: Starting with smaller projects; understanding market dynamics and how to avoid properties with leasing challenges.
- Continued relevance of older buildings, retrofitting by office users, decreasing building costs, and increased land inquiries.
- Anticipating rate increase impact and importance of close monitoring.
- Investment potential and market diversification on challenges in local markets, fruitful opportunities in adjacent counties, and diversification into mixed-use developments.
About Tre Bourdeaux
Tre currently serves as a Vice President specializing in Industrial & Logistics on the Peterson Industrial Team in the Salt Lake City office of Legend Partners. Tre’s area of focus is in 5,000 to 500,000-square-foot industrial real estate, specifically in Salt Lake, Davis, Weber, and Utah Counties representing all real estate needs for landlords, tenants, buyers, and sellers. Tre also focuses on sale and lease in build-to-suit developments involving manufacturing plants, distribution warehouses, R&D facilities, and other light industrial property types. Tre started his career in Commercial Real Estate in 2018 after finishing his Economics degree from the University of Utah.
Tre has successfully closed over $150 Million in transactions over his 6-year career. His success is in the early stages of his career and has earned him high respect throughout the entire brokerage community. He is highly equipped with knowledge in real estate research, sales, and marketing. Possessing exceptional interpersonal skills and analyzed strategic planning that has allowed him to have great success in the first six years of his career.
Tre has a drive to take care of his clients and cater to the various needs that are becoming harder and harder to find in Utah’s real estate market. He brings a great amount of diversity as well as a vast number of connections that include many decision-making individuals in the state of Utah. His outreach, knowledge, and success at such a young age in this industry have proven he will continue to be a known figure in the brokerage community for years to come.
Connect with Tre
What to anticipate soon, stay tuned!
- Mike will soon commence hosting webinars to offer an interactive learning experience!
- Facebook Live: "Ask Me Anything" an interactive 30-minute question and answer session on a weekend morning coffee
- The Fortress Capital Investors Club Launch
Connect with us
If you’re a busy professional who wants to know more about growing your wealth through real estate, contact us at welcome@thefortresscapital.com | TheFortressCapital.com
- Website: Surgeon Syndicate
- LinkedIn: Michael McManus
- Instagram: @michaelmcmanusp
- Facebook: Michael McManus
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