Episode Transcript
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Speaker 1 (00:12):
You're listening to Peachtree Corner's Life, a podcast sharing ideas, opinions,
and news about the city of Peachtree Corners, the community
we live in and the people that are your neighbors.
Now your host, Rico Figliolini.
Speaker 2 (00:32):
Hi everyone, This is Rico Figliolini, host of Peatree Corners
Life here in the smart city Peachre corn is just
north of Atlanta. Have a great guest today, David Cordre. Hey, David,
thanks for joining VICK. How's it going good? Good? Appreciate
you being with us. Dave's the co founder and partner
in Greenleaf Capital Partners here in Atlanta, as well as
(00:52):
the ride Lounge chair in Peatree Corners. But before we
get to that, I just want I say thank you
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they do. Great appreciate those guys being supporters of ours.
So let's get to talking now, because there's lots to
talk about. Dave, You've you've been leading integration and growth
(02:44):
for the investment firm that you operate, the full service
real estate company, right, Greenleaf Capital Partners. Tell us a
little bit about yourself actually, first, about who you are,
where you come from. I know you've been in the
real estate business for about twenty years, but there's been
more before that, So tell us a bit about whatever saved.
Speaker 3 (03:06):
The years in real estate keep getting longer and longer,
but the years before real estate don't don't have that
same issue. So but now, I grew up in the
Northeast and you know, north of Philadelphia, and basically as
I graduated college was like, how how far south I
have to go until it stops snowing? And that basically
got to Atlanta and and it's been it's been good here.
(03:27):
But I've liked real estate my whole life, so naturally
that's what I've been doing my entire career here in
Atlanta with the firm green Leaf that I started with
my partner Josh Friedensen and we buy you know, we
look at like what do we do. It's we basically
buy challenging assets and figure out what we can do
with them and how we turn around how we turn
them into something useful. So that's fun part.
Speaker 2 (03:50):
Really Yeah, I would I would think that you're not
buying them and then figuring out what to do with
them or are you doing that?
Speaker 3 (03:57):
We like to think we have a great plan going in,
but sometimes it definitely changes midstream. So you got to
be flexible with what what you can ultimately do.
Speaker 2 (04:06):
Yeah, yeah, yeah, I would think you took you were
acquiring rental homes in Pennsylvania. It sounds like, if I
read that correctly, rental homes in Pennsylvania, what part of
Pennsylvania was there.
Speaker 3 (04:17):
It's like Allentown, so it's about an hour hour and
a half north of Philadelphia. But it's a pretty small town. Yeah, yeah,
you know that area. It's it's different. You look at
the south, like the northeast, I mean they have I
had rent homes that are built in eighteen sixties. Yeah,
we don't have anything that touches the eighteen sixties here
in Atlanta that is readily available.
Speaker 2 (04:37):
No, because I think Sherman burned it all down, and yeah,
so unfortunately, Yeah, there was some it was really cool
old buildings that are up there.
Speaker 3 (04:47):
And that's really what I started doing. And I enjoyed.
I just enjoyed fixing everything up, learning about it, seeing
the progress you.
Speaker 2 (04:55):
Were actually well you actually pounded the nails on the weekends.
Speaker 3 (04:58):
And right, did everything. Yeah, paint floors, electrical, you know, everything,
everything you can put together, I would do. I really
enjoyed that part that was that was a lot of fun.
I did that for you know, I like summers in
high school, summers over college, that kind of stuff. Was
always working on working on some kind of project like
(05:19):
that at rental properties.
Speaker 2 (05:21):
And I can feel the aspiration in there of finishing
something up and feeling good about it.
Speaker 3 (05:28):
Maybe right, yeah, I mean along the way you learned.
Some of the best experiences are when you're doing something
that you don't know what you're doing and you look
back on you're like, hey, remember when we did we
did it that way. It was a disaster, But what
is fun?
Speaker 2 (05:41):
Yeah, it's funny. I've worked for a remodeling a couple
of guys at the podcast Home Renovation radio show, but
they pounded the nails during the week, and they would
always tell me stuff that they would go into these
million dollar little compand that's because it's California, northern California,
so they would probably be worth fifty when they were bought.
They were two million dollar, twelve hundred square foot homes
(06:03):
now and they needed renovation. They were going and they
find all sorts of stuff and you know, bad things
under the floors and the walls. Yeah, so real estate
is not for the faint of heart, that's for sure.
Speaker 1 (06:17):
No.
Speaker 3 (06:17):
But like every time every time you fix something or
covered up or open up walls, I always like to like,
you know, you put a little baseball cards, you'd put
something in there because someone is going to open it
up eventually and they get to find out later on.
How we found stuff like that all the time, And
it was pretty cool.
Speaker 2 (06:34):
You could be a time capsule in that wall.
Speaker 3 (06:36):
Also, Yes, sometimes there's not so great stuff like all
these pipes aren't connected and it's a it's a complete mess.
But it was funny. It was a great way to
like learn, you know, how does everything actually work in
the real estate space.
Speaker 2 (06:48):
So when you came down to get your hands dirty, Yeah,
So when you came down from Pennsylvania, because I know
this from living in Brooklyn in New York, very different
building codes. Okay, wires had to go into solid pipes
versus down here you can put wiring in the wall
and nothing protecting it. At least when I moved down
here in the early nineties, did you find different things
(07:10):
going up?
Speaker 3 (07:12):
Well, I mean the main part two is just price.
You know, when I moved down was two thousand and
eight twenty ten range, and it was like there was
a lot of stuff you could buy. There were a
lot of problems in cities. For the most part, we're
just really excited. You were willing to fix things up.
Speaker 2 (07:26):
Mmm.
Speaker 3 (07:27):
So you know at that point in time, like we'd
be at properties, the cities would bring the purping to us.
I'd like, Hey, you don't have the the right thing
to do this, we'll bring it to you. Don't don't leave,
don't stop doing anything, don't stop spending money, and uh,
here's what here's what we need to do. So it
was it was a great time frame, you know, to
be in Atlanta and to be building stuff.
Speaker 2 (07:46):
Yeah, I remember two thousand and eight was when the
crash happened the real estate bubble. Yeah, so if you
had cash, Yeah, you could buy all sorts of stuff
down here.
Speaker 3 (07:55):
Yeah, pricing down here, you know, I was, I lived
in Washington, d C. For a little and it's you know,
the costs were just significantly higher than buying stuff down here.
So there's a little bit more of a you know,
opening to even get into the business on a larger scale.
Speaker 2 (08:10):
For sure. I think you didn't any not to say.
I mean when I moved in ninety five. I think
almost anyone could get a general contract is license and
go into business. He didn't take much. You could lose
your shirt that way, but it didn't take much. But yeah,
so but you guys have acquired quite a bit. It
(08:31):
seems like, you know, millions of feet of leasing space
throughout the Southeast, not.
Speaker 3 (08:36):
Just yeah, we're we're in about eight states right now,
so we own stuff all over the Southeast and in
a bunch of different asset classes. At this point. We
started in residential. I think that's kind of a common. Yeah,
easiest way to get into real estate place to start,
you get a rental home. That's kind of like step one.
Learn what it's like, you know, from there. Yes, Now
we've got you know, a big retail division commercial.
Speaker 2 (09:00):
So how do you find that? I mean, yeah, the
rates have been going up a little bit. That's supposedly
they say the rights may come down a hundred paces
points by the end of the year. Who knows, it's
all you know, watching the tea leaves, I guess. But
so commercial real estate also has had some issues right
lately in the last couple of years, so they're looking
(09:21):
at you know, vacancy rays because of COVID and all that.
Has that effected you all at all? At all?
Speaker 3 (09:27):
Yes, certainly. I mean it's there's always like a shift
in how real estate is used, especially if you own
something for a really long time. Yeah, and I mean
you think about it. As long as you're willing to
adapt and shift in what the use could be, You've
got a lot of great opportunities. I mean, just pick
a ball for example, Like pickleball has been super popular,
(09:47):
a crazy use for really retails real estate space that
hadn't been seen before. You've got pickleball courts now that
have bars and restaurants around them. It's like this didn't
exist ten years ago. So you've got to be willing
to adapt and do that kind of stuff. And sure,
whatever was in that space before, maybe it didn't work,
Maybe it was a call center, maybe it's something that
you know went bust, and now this is in there.
(10:10):
So there's a lot of stories like that of how
to how to adapt and move forwards.
Speaker 2 (10:15):
Then you're willing to be flexible to look at things,
to brainstorm and put stuff around that may not have
been there, I guess.
Speaker 3 (10:21):
Yeah, definitely. And consumer interests and you know, locations and
the demand and whatever is around it, it changes, ye
totally scaranteed.
Speaker 2 (10:31):
Yeah, no, for sure. And you look at Pickabawl, like
you said, there's I think it's forget the brand, but
there's a couple of franchises. All they want to do
is sell that franchise. You could put ten pickable courts
into a warehouse. Just paint the lines pretty much, just
paint the lines, you know, don't put anything but a
pro shop maybe quote pro shop in it. And now
(10:51):
you got to pick a ball you don't have. If
you worry about food, you know, you could always get
a food truck out front versus trying to put the
food inside. So yeah, there's lots lots you can do.
I mean everything from pickle and social up in Swani,
which is like rooftop bar and restaurant and play area
and stuff. Yeah, there's all sorts of things you can
(11:12):
do out there. Retail. You know, even even retail is
having some issues a little bit now, but.
Speaker 3 (11:18):
Yeah, I mean one of the things we did, like
when you know, after twenty twenty in COVID and it
was there's kind of this thought that all dining restaurants
are now over. It's like no one's gonna go back
ever again. It's like that wasn't the case. Now a
lot of them are doing great. So we're like, Okay,
is there an opportunity to buy some of that stuff
that that at the time sounds like the world is
collapsing when.
Speaker 2 (11:40):
Yeah, we know that's tag. I mean, you're you're right.
I mean, the world looked like it was collapsing.
Speaker 3 (11:46):
It's what it did at the time.
Speaker 2 (11:48):
Ships were not shipping, the whales actually were. We're out
there being happy without the sonars and stuff. It's like, yeah,
I mean there was less pollution actually in the air.
It was just amazing how how Manhattan air apparently was
better I think after.
Speaker 3 (12:05):
Yeah, I think that was like the moment in time
where you know people that are that don't get excited
to be around a ton of people, or you know,
maybe less excited. They're like, this is great. We've been
prepared for this our whole life. This is gonna be amazing.
Now actually some peace and quiet.
Speaker 2 (12:20):
It's almost like the preppers are coming to roost. But yeah,
so different classes of investments. You so you'll own real
retail as well as restaurants and Class A maybe or
Class B office buildings and warehouse.
Speaker 3 (12:35):
We own a lot of single story office buildings. Okay, yeah,
we've then converted to various uses.
Speaker 2 (12:40):
And are you so are you basically own and lease
at this point versus sell.
Speaker 3 (12:47):
Yeah, for the most part, we buy and hold most
of our most our assets when we do sell stuff.
But you know, our our business philosophy is to find
something that's out of favor or less interesting and get
it at a good basis, fix it up, make it
usable to a new user, a new use, someone has
a different vision, and then rent that space to them
(13:09):
and then hold it and operate it.
Speaker 2 (13:11):
So it's a real estate firm. What's your what's your
cash flow philosophy in this stuff? Because that's that's a
whole big thing, right, I mean.
Speaker 3 (13:19):
Yeah, I mean the thing that you know, cash flow,
you can't ever really have enough of it, right, You've
got debt service that you always got to look at,
sour Our cash flow strategy is really how do we
be as conservative as we can on assumptions, How do
we be as conservative as we can with debt where
you know, for the past eighteen twenty years, we've really
(13:41):
only done fixed rate debt. We want to know what
we're at, what we're having, and we've always we've never
really done interest only debt. We've always done a principle
we like shorter am so just a more conservative approach
to like, if you're going to take out a loan,
you better have a good plan on how you're paying
it back because like eventually will pay it all back.
Speaker 2 (14:01):
So yes, god knows they do want the money back
at some point.
Speaker 3 (14:04):
Yes, they're they're not they're not giving it out, and
then you don't have to, you know, you got to
pay them back.
Speaker 2 (14:09):
It's not like yeah, and if you don't have that.
I've seen people like that where they go in they
want to flip homes and stuff. They think they can
do it. All of a sudden, they get backed up.
They have too many pieces of property now and they
have to start renting them and try to sell them,
and then it just becomes a nightmare at that point.
(14:31):
So what would what would you say if you were
mentoring young entrepreneur trying to get into this aspect of
the business, what would you tell them that.
Speaker 3 (14:41):
You got to be patient. It never happens right away.
It's a great business to be in if you're willing
to be patient. And like, there's going to be a
hard challenge every quarter, there's going to be something that
doesn't go your way. You got to work through that
one thing and just keep the wheels moving. Okay, say,
there's not a lot of shortcuts on how you're going
(15:02):
to accumulate and operate real estate assets.
Speaker 2 (15:06):
So that reminds me a little bit about some of
the rest of your background too, about adventures, uncomfortable adventures,
the quote I've I've heard and how that shapes leadership. Yeah,
you've been caught in some rafts that have some maybe
also lost on a skiing trip and stuff. Yeah, can
you tell us a little bit about that and what
(15:27):
that how that might have helped shaped.
Speaker 3 (15:29):
But I mean a lot of times people, you know,
you study, you try to become better at whatever you're
interested in life, and then you can't really test it
unless you get yourself into some some kind of hard
or challenging or difficult situation where you can really apply, like, hey,
can I handle this, or can I deal with this stress?
Or can I figure out this problem that can be
(15:51):
in your personal stuff, that can be work career. You know,
I kind of choose to do that through the adventure
route of how can I go find interesting situations to
be in and see how you do? Do you get
stressed out and things fall apart? Are you able to
bring everyone together and get through? You know? How do you?
How do you work in that moment?
Speaker 2 (16:12):
You're like a novelist that's called the pants or where
they start writing the story of not knowing where it's
going until they get that We yeah, I.
Speaker 3 (16:20):
Mean, you know, the one business that I started, the
ride Lounge. I love doing road trips. We did a
road trip this summer to North Dakota. So it's almost
five thousand miles and some of the days we know
we're driving, we're not sure where we're going to stay,
We're not sure how we're going to get there, We're
not sure how far we're going. And my wife is
sometimes she's like, can we just plan some of these things?
I was like, but it's going to be interesting to
(16:41):
figure out how how it works.
Speaker 2 (16:43):
Yeah. Well, do you at least know where the gas
station is, right?
Speaker 3 (16:46):
Yeah, and we've got extra gas just in case, so
you know, you be prepared, you know, have somewhat of
a direction. But it's what we makes things interesting.
Speaker 2 (16:55):
What were you driving?
Speaker 3 (16:57):
I've got a giant sprinter van from Peatree Corners. I
got a big white sprinter van that I drive around
with drop my kids off school and that thing. And
people are like, what is this?
Speaker 2 (17:09):
Okay, good God, it's lessen and adventures. Everyone would love
an adventurable Like your wife says, do you want to
control that a little bit? Sometimes? Well that's good, so
you know you need to be able to get out
if you're comfort zone. I think right leadership comes from
being in the midst of something that seems unattainable, or
(17:31):
whether you might be up to your neck in trouble
and then you're gonna have to figure it out. I mean,
do you have an example that you want to share
with us on something like that.
Speaker 3 (17:39):
Well, I mean, one of the things I'm doing right
now is hiking the highest point in every state with
my daughter. My daughter's twelve, so she's going and she's
in seventh grade, and we've done twenty nine of them
at this point. So done twenty nine different states where
we went to the highest point, and each time, you know,
some of them are a lot harder than others. But
you're like trying to hike up this mountain, and.
Speaker 2 (18:00):
You're hiking up now mountain climbing, right, you're hiking.
Speaker 3 (18:04):
Some of them are scrambling ish. So but if you're
on like a ten twelve hour hike, you know there's
gonna be some points where it's like, hey, can I
actually make it up there?
Speaker 2 (18:13):
Yeah, you got to push through it. How old was
she when she started.
Speaker 3 (18:18):
Well, she was probably like, my wife is gonna come
across as very understanding. When my daughter was about two
months old, we drove from Philadelphia to Atlanta and my wife,
my wife went along with it and we went to
the highest point in North Carolina, which is now Mitchell
and I got a picture of my daughter up there
sitting on the sign. I was like, hey, this sounds
like something fun. We could drive to all these My
(18:39):
wife's like what are we doing?
Speaker 2 (18:41):
M wow, No, that is cool. And a twelve year
old telling her class the last place she climbed piked. Yeah.
I could see that. Her friends were probably all like,
oh my.
Speaker 3 (18:50):
God, summer think it's fun something that's like why would
you ever want to do that?
Speaker 2 (18:54):
Yeah?
Speaker 3 (18:55):
But you know, I've been on some hikes with her
where you know, we did the highest point in South
Dakota when she was like six, and it's like a
six hour hike or so, and it's like, okay, well
she made it. Was easy, but she made it.
Speaker 2 (19:11):
Yeah, most kids at that is should be like after
the first half mile, dad, when are we? Are we
done yet? Are we there yet?
Speaker 3 (19:18):
Yeah? That's how works. Yeah.
Speaker 2 (19:21):
How many kids do you have to I've.
Speaker 3 (19:23):
Got three kids. They're they're in seventh, fourth and second grade.
Speaker 2 (19:27):
Okay, all right, yeah cool, good experience. I mean for
the for a kid like that to be able to
go and do that.
Speaker 3 (19:33):
Yeah.
Speaker 2 (19:35):
So is the wilderness the same thing as that you
find in the boardrooms and investment meetings? Is it?
Speaker 3 (19:40):
Like?
Speaker 2 (19:41):
Is it? Is it? What?
Speaker 3 (19:43):
Especially in the types of assets that we're looking to
acquire at green Leaf. So you know, we're trying to
find things that have problems. You know, one of the
over the past really twenty four months, eighteen twenty four months,
we bought a lot of essentially vacant call centers. Where
we're talking about a vacant call center. No one's like, Hey,
that's how is great, We'd love to do this. Yeah,
And we're taking those taking those buildings to figure out
(20:04):
what's a what's a better use we can do here?
How can we make this a usual building. Cities don't
want to see the vacant stuff there, No no one
wants to be driving by vacant buildings. You were like,
but why doesn't someone do something with that? And so
and sometimes that plan, you know, doesn't go as exactly
as planned. But a lot of times you're going, we've
got to go figure out what are we going to
(20:25):
do and how are we going to go find other
users of this space.
Speaker 2 (20:28):
Have you any any unusual uses that you've done in
some of the spaces.
Speaker 3 (20:34):
You know what I mean? One of one of the
great ten of Hours a group called Farmhounds. They're over
on the on the west side of town, but they
are a I would say, like a high end food
dog food processing plants. Emit like dog treats that are
like just very healthy. Was it not processed? It's called Farmhounds.
(20:56):
Farmhounds Okay, yeah, so great product. They're one of our ten.
We we took a space that was I mean it
was they were next to it, and they took over
a whole other building that we had, and it was
just it was it was an exciting transition moving dilapidated
kind of like not well maintained building and fixing the
whole thing up and then having them come in and
(21:18):
they're you know, it looks like a high end, commercial
grade kitchen when they're in there. Yeah, because they've got
food processors, food drying. They're making all the little dog
biscuits and everything. You know, you see them when you
feed your dog a treap. But you're like, where do
all these things come from? And uh, they got an
excellent business. It's exciting to see that transition from like
(21:39):
something that's crappy and underused and messy to like, man,
this place. They know what they're doing.
Speaker 2 (21:45):
They have to excellent products. Yeah, they have to make
sure the health codes are mad and stuff. I'm sure, Yeah,
this is spam all right.
Speaker 3 (21:56):
I like that trip. I love seeing I love seeing
it go from like add to like this is amazing.
Look at this pace. It looks so cool.
Speaker 2 (22:04):
That's cool to see. And I love when the carpet
nap faces a certain way of the vacuums, all the
all the grass outside as sure if it's oh as
it's shades in there.
Speaker 3 (22:16):
Yeah.
Speaker 2 (22:17):
Yeah, little things that make us all happy. So how
do you know? You guys obviously have a you have
a great vehicle like that, that idea of traveling with
and going to twenty two states like that, Well you
have do you have a car collection? Do you have
other cars that I.
Speaker 3 (22:35):
Would say, I've got a I've got some vehicles that
people are kind of like, why would why what are
these things? So I've got a I'm at I'm at
our car club now, but they're in the background. I've
got sprinter vans, which are huge. I've got a nineteen
eighty four fire truck that's you know, yes, three feet
long and so that ball feet high and you get that.
(22:57):
I mean it looks really cool and fits nine people
in the cab. Not many vehicles can you put nine
people in the seats up front.
Speaker 2 (23:03):
So and it actually actually works yep.
Speaker 3 (23:06):
Yeah, all the sirens go on. They can pump water
the tanker trucks, so it can you know, it can
basically attached to a fire huader and it's great water
all over the place.
Speaker 2 (23:16):
You really, are you allowed to have that as legal?
You can't turn the fire you can't turn the alarms
on when you're on the on the real street.
Speaker 3 (23:23):
I am actually no, No, I can get in trouble for
that one. But I've had. I've almost everywhere I take it,
people are always coming up to me and see it,
and I've I've had. Gosh, I was up. I was
kind I was in the Ingles parking lot up the
street here and one of the police officers over there
came up and he's like, does this thing work? He's like,
can you turn it on? So I turned on the
sirens from him. He's like, I can't believe this is ridiculous.
Speaker 2 (23:45):
Yeah, okay, So the fire department, the guys go over
tangles also sometimes to do shopping.
Speaker 3 (23:49):
Yeah, it'd be fun to drive up right next. So
there's a little fans here like going that fire department,
Like they got some nice stuff.
Speaker 2 (23:57):
Oh yeah, can't fool around with that. So you and
Josh came up with this idea and to repurpose. I'm
assuming you owned the building, right, that's like you own
the building, you have this space twenty thousand square feeto,
So I guess, and let's just let's make a club here.
(24:19):
Well how did all that come about? Like? How did
you think about that?
Speaker 3 (24:22):
What I mean, I've always been into like fixing things
and doing stuff, So I mean I've liked cars my
whole life. So that's always been, you know, part of
who I am. And we were looking for a space
where we could build a unique car club experience because
a lot of places either you're like a car mechanic
(24:43):
shop that's one way of looking at it, or you
have kind of like just the super high end cars
where you're like, hey, don't touch this, don't look at this.
You know, we wanted more, how do we build a
place where people can bring in cars, bring in their family,
and tell a story of what they're doing with it.
So most of our so that led to starting the
Ride Lounge. And almost everyone here is a car fanatic,
(25:08):
but not necessarily just from the car angle, from the
story of what what that car is, what they've done
with it, where they've been with it. Mostly all of
our people are driving them frequently in their unique vehicles.
Speaker 2 (25:21):
So it was out there. We're going to have a
link in the show notes where people can go visit
and find out a little bit more about the ride lounge.
But yeah, when I was out there, I saw a
little Fiat we used to call them, fix it, fix
it again, Tony. That cars in the seventies. They weren't
(25:42):
that great back then, but so that they're sort the
mini coop really small mini coop looked like small to me.
Speaker 3 (25:48):
I was like that that car is unique. I mean
it was. It was built in Italy and the owner
had it, you know since nineteen seventy two, imported from
Italy to the US, still drives it this day. It's
he remembers driving that with his with his DAP back
in Italy. So stuff like that is really cool. And Joe,
the individual that owns that, if you'll be like, hey,
(26:09):
let's go take this, you know, let's go drive this
around check it out, we'd love to. So that's kind
of a different angle where our our group, you know,
and the membership that we have at the ride Lounge,
are just excited to share their story and share what
they're doing.
Speaker 2 (26:22):
Yeah, but thinks the Yeah, I mean I've driven. I've
driven in Naples and stopped back during the late seventies
and then the mid nineties, and I would never people
in Naples. They don't know anything about the traffic, like
at least back then, they'd be going through red lights,
green lights on the sidewalk if they had to get around.
Traffic just really bad. And Atlanta wasn't bad when I
(26:45):
moved down here. But let me tell you, I mean,
it's just I would never drive that mini coup on
eighty five oh too, like that happening.
Speaker 3 (26:54):
Yeah, pre corners is fine. You can drive, you can
you know, you can drive around here is pretty pretty easy.
And you're not like on two eighty five tract.
Speaker 2 (27:02):
What other type of cars are there? I think I
saw a Tesla, It saw a bunch of different.
Speaker 3 (27:07):
Yeah, it's really you know, when you when we look
at the types of vehicles and the members that we
have that joined the cup, so there's there's really two aspect.
There's like the join us social member or store car here.
So we have room for about fifty five cars total
that are here, and it's really like, what's a car
that's interesting to you that that you still want to
use on a daily basis and drive in and out.
(27:29):
So most of it is, hey, I've always liked this car.
I want to have this. How can I get it?
Speaker 2 (27:34):
Like?
Speaker 3 (27:35):
Where am I going to put it? But one of
our guys says, like the classic blue and white striped Viper,
and it's like, oh, it's amazing. And he's like, when
I was little, this car was awesome when it came out,
and now I would it would be great to have them.
So drives his kid around and his kid too is like,
this is such a cool car. My dad's got this
(27:56):
cool car.
Speaker 2 (27:57):
And I don't I don't know well enough to make
a model. Remember having matchbox cars replicas of real cars
like that? Yeah, So can anyone like if you're a
member there and you you you're a member, you have
your car there? Can I come there almost any time
and take my car off for a spent Yeah?
Speaker 3 (28:16):
Yeah, so anytime? Yeah? You know. Unique part of it
is that our cars are our members. Cars are not
like trapped in They're not you know, they're not like
bubble wrapped and locked, so they can't ever get them
in and out. You know, our members here they frequently
take them in and out or swap out cars or
put different stuff in there. So some guys have convertibles
(28:36):
so they just leave, you know, you leave the top
of it's a nice come over and drive it. If
it's not well, it's inside air conditioned, it'll stay fine.
Speaker 2 (28:45):
And you have within so it's not just cars, right,
You have a kitchen, you have conference room, I think.
Speaker 3 (28:51):
Yeah, so we have a whole social club inside. So
the social membership group that's here is we do a
couple different events a month, always family friendly stuff. And
you know, we've got we've got some working space. People
can do meetings here. We've got conference rooms, and we
have a whole lounge TVs and like a big lounge
(29:12):
bar area too.
Speaker 2 (29:14):
Yeah, you know, just haanging out having a beer or
something or drink. And so you have events coming up.
What's the next event coming up?
Speaker 3 (29:23):
We're doing. So again it's a mix of cars, so
it's not like we're only looking at like Ferraris or something.
We have a Toyota group that's doing a car show
this Saturday, which is the twenty third yes, I see that,
and it's all off road toyotas you know, if you
look at anything off road, Toyota's like just dominant in
(29:45):
that category. So everything from going all the way back
to like FJ forties, sixties, eighties, one hundred series.
Speaker 2 (29:53):
And let's post all nine to twelve on Saturday, correct, Yeah, right, okay,
all right, cool, And it's.
Speaker 3 (29:59):
A unique setting because we've had some stuff inside so
it works rain or shine right time. We're doing a
car show.
Speaker 2 (30:04):
For those listening to this. Unfortunately, you may have missed
it because this is this Saturday, August twenty third. This
feed may not go out until Sunday or Monday, so
you won't be for that. But check them out because
happy Hour you do that Friday and Fridays three to five.
Speaker 3 (30:20):
So yeah, like we don't really have a great name
for it, but it's like three to five. We've got
families and kids and you know, kind of schools getting
out on Friday. It's a great place by.
Speaker 2 (30:29):
And and you did something for the weekend, get a
drive in the drive we did.
Speaker 3 (30:35):
We did one of our events for the Social Club
was a driving It was a drive in movie, which
oh well, you know, both we watched cars. It's like
it's like, I think we actually watched cars three.
Speaker 2 (30:47):
So does it costs three? Okay?
Speaker 3 (30:48):
Yeah, but you know it's gosh, it.
Speaker 2 (30:50):
Was grandis I think? No?
Speaker 3 (30:53):
Okay. I mean kids were a range from like ok
war to twelve. You know, there's it's like forty kids
running around.
Speaker 2 (31:01):
Okay, we parked a bunch of cars.
Speaker 3 (31:03):
You could sit in the cars and watch the movie,
you know, on a big movie screen, and they had
a great time.
Speaker 2 (31:08):
Now can can in an organization rent the space to
do things?
Speaker 3 (31:13):
Then we do rent the space out some not not
a whole lot, but yeah, we do. We do rent
it out. And so I mean it's a great event space.
But even on smaller things, there's lots of groups that
our members are doing board meetings and you know off
site if you need, if you need a conference room
that's not in your office to sneak away for a
little bit. All other remembers use the conference room in
(31:33):
space to to.
Speaker 2 (31:34):
Do you guys, you guys. That location is fifty two
fifty Triangle Parkway, So it's right off the beginning of
Tech Park across from Cornerstone Christian Academy. Yeah, yeah, right there, yeah,
so it's real close by. It's at the heart of
piece for Corners, which is which is a good thing.
Speaker 3 (31:50):
Yeah, we can we can walk to the forum. Yeah,
that's where you know. Typically my office is here too,
So I'm next to where the ride Lounge is at
and we walked to a form. It's a great location.
We feel very lucky to be that close to all
the all the great stuff. Peachy Corners is done with that,
you know, the town center area.
Speaker 2 (32:08):
Yeah, and it's just growing. It's gonna be even more
people coming. I mean, it's just just the nature of
the beast and better better, I don't know if I
should say better food choices, but more food choice.
Speaker 3 (32:20):
There's a lot of great food choices now, which is fantastic.
Speaker 2 (32:23):
Yes, well yeah now yeah, ten years ago maybe not
so much, but but now definitely for sure out there.
What do you think is I guess to sort of
get towards the and wrapping this up a little bit,
you've had the this is a passion project obviously, the
ride Lounge. Do you have any other passion projects coming
(32:43):
up that you think you all want to do that?
Speaker 3 (32:47):
Yeah, I mean we're more we're looking for more locations
that we can continue with the ride lounge. So we're
trying to do to one in town Atlanta, and we're
looking at one on the West side of Atlanta as well,
So we'd like to just bandwid this is it's been
a great opportunity to bring people together. So that's aulterately like,
if we can find ways to bring people together that
(33:09):
we have commonality with, that's what we're looking to do.
Speaker 2 (33:11):
And if anyone has if anyone has a brainsaw and
they have an unusual idea for a space of yours,
you know, are you open to people pitching stuff like that?
Speaker 3 (33:23):
Oh, yeah, definitely, yeah. We you know, we work a
lot with you know, owning space that we're saying, hey,
we're open minded what we can figure out here. And
then it's kind of coordinating between city zoning and what
the idea is that can go in there, and sometimes
it doesn't line up, but a lot of times, a
lot of times it does.
Speaker 2 (33:43):
Interesting some cities are difficult to work with. I think
patrec Corner is probably one of the easier ones to
work with. They's definitely saying to change some of the
codes to allow for like recreational zoning and stuff like that.
That wasn't there before, well at least not nuanced enough. Yeah.
Speaker 3 (34:01):
So and for the most part day one of the
hardest parts they've worked with any city is like just
yes or no is okay, but just tell us what
it can and can't be right. And for the most part,
Peach Corners, I mean Peach Corners has been great on
that front. And they've enabled We own a bunch of
buildings in the area and they and they've worked with
us on finding, you know, finding the right tenants make
(34:22):
sure the right people are in there. And yeah, it's been.
Speaker 2 (34:25):
Very good, excellent. You've had also Pedal Fest that think
put a fundraiser for Gwennec County Public Schools Foundation, So
you've done really good community outreach out there.
Speaker 3 (34:37):
Yeah, the Pedal Fest, and we'll do that each year.
But it's like racing around tricycles, like adult tricycles, where
you try and be competitive and it just doesn't work.
They just physically like they just don't work. But that's
part of the joy of it. So it's like the
harder you try, the worse you do with those things.
Speaker 2 (34:54):
Were you drifting with those trikes.
Speaker 3 (34:56):
Sort of it's more like just spinning out and spinning
in circles than you get f But if you like
go slow and steady and work your way around the track,
it works a lot better. But no one wants to
do you want to try and go as fasts can.
Speaker 2 (35:09):
We used to do that stuff in the playground when
we were when I was young kid, and parents were
like they weren't around looking where are you guys? We'd
be out and back at like five six o'clock, seven
o'clock at night for dinner and you know, a little
kids ten year olds. Now now everyone's like, you don't
want to keep an eye on everyone. Yeah, but yeah,
(35:30):
I still got to make it fun out there. I
mean this have to grow.
Speaker 3 (35:34):
Yea. The spot we have here, we have a whole
parking lot that's kind of like you wouldn't ever drive
through the parking lot. So we've got a lot of
outdoor space and room to you know, kids who kind
of do their thing out there and it's fine, cool.
Speaker 2 (35:47):
Yeah, anything else you want to share with us, Dave
that that I haven't come across.
Speaker 3 (35:52):
Now, Yeah, I mean we we normally do our you know,
Friday afternoon gatherings that that are opened and that's a
great time to come meet people. You've got anything that's
interesting from the car front, there's always someone here that
that I would love to talk about it or know
something about it.
Speaker 2 (36:06):
And good mechanic. You've been a good mechanic.
Speaker 3 (36:09):
Maybe, well, we've we've got some guys that are there
self mechanics that love you know, they're taking apart things,
working on stuff. I mean, I still working a bunch
of my stuff too. It's fun. They'll do it here,
but at other.
Speaker 2 (36:21):
Spots for sure. All Right, we've been talking about the
ride Lunes. We've been talking with Dave Coudre, co founder
and partner of green Leaf Capital Partners, a little bit
about real estate. So it's great to you know, Pennsylvania
guy come down to the same. It's like there's a
lot of New York as me included, that have decided
the South is used to be. So it's a good thing.
(36:42):
Bring up your family here. It's great and we're fortunate.
I mean, when I moved down here, Peatrickcorners was the
city I came to, or I should say it was
Gwinnett County that became the city of Peaterrick Corners eventually.
But yeah, yeah, so thank you for joining me. Appreciate
the time you give me a day.
Speaker 3 (37:00):
Yeah, Rico is great talking.
Speaker 2 (37:01):
Thanks for having me same same, so hang in there
for a second with me. Everyone else, appreciate you being
with us. I'll put some of the links in the
show notes. If you're watching this on Facebook, YouTube x
just leave comments maybe like us. If you're listening to
this as an audio podcast on Apple, Spotify or anything
like that, you know, leave a review, a comment. That
(37:23):
would be great people find it more easily. This is
again Peach Recorner's Life podcast. Appreciate you checking up on us,
and look out for the next issue Peach Recorner's Magazine.
It's the pet issue, so it's going to be out soon.
Speaker 1 (37:37):
Thank you guys, thanks for listening to Peachtree Corner's Life
with Rico Figliolini. You can listen to the show wherever
podcasts are found, like iHeartRadio, Spotify, and Apple podcast. Leave
us a review too, it helps others find the show
as well. Don't forget to like our Facebook page and
(37:59):
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(38:21):
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