LOS ANGELES-NAIOP's I.con: The Industrial Conference arrives next week on June 5 and 6 at the Omni Los Angeles. The event offers the most up-to-date trends and information presented by some of the most notable names in industrial real estate.
To preview the event, GlobeSt.com has reached out to some of the key speakers to discuss their presentations.
Today, we talk with Al Pontius, managing director, Commercial Property Groups, Marcus & Millichap. He is the moderator for the “Chief Investment Officer Roundtable – How CIOs from the Leading Industrial Owners View the Current Investment Climate and Where They See Potential Opportunities.”
Joining Pontius on the panel are Bryan Blasingame Jr., CIO, IDI; James Clewlow, CIO, CenterPoint Properties; Larry Harmsen, COO, the Americas, Prologis; and Jeff Phelan, president, DCT Industrial Trust.
GlobeSt.com: Why did you recruit these panelists?
Al Pontius: Between these four companies, you've got a window into the thoughts of a group of companies that control over 500 million square feet of industrial space. So certainly I would argue that's about as expert of a panel as you can possibly ask for.
GlobeSt.com: What's the format for the discussion?
A.P.: We'll dig into the industrial space mostly from an investment perspective. What is driving industrial investment and development? What factors are causing industrial investment to be so appealing to the investment population today? And what do we think about the marketplace over the next 12-36 months, where is it going? It's a very hot investment sector in the real estate community today. Will it stay that way? If so, what will keep it going, or what might cause some degree of caution? The ultimate goal is to provide the attendees to this session a real detailed look at the landscape, what are the conditions producing that landscape, and where do you feel it is trending. I don't think there could be a one-hour session available, given the expertise and position of these speakers, which could address that any better. These are the industry leaders.
GlobeSt.com: What are the potential points of contention?
A.P.: Certainly there is some debate over whether valuations are being created by capital or fundamentals. And I think there's a degree of discussion as to where it makes sense to stretch versus maybe being a little more cautious. It's a balancing act between the capital bet and fundamentals justifying that bet.
Earlier on GlobeSt.com, we previewed CBRE vice chairman/managing director Darla Longo's provocative I.con panel. The name says it all: "Shark Tank."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
