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DCT VP Sees Opportunity for the Next Three to Five Years

ORLANDO—Find out how he's leveraging the opportunity in this EXCLUSIVE interview.

By Jennifer LeClaire | jenniferleclaire | | Updated on August 05, 2016
After starting his career at Liberty Property Trust and Lincoln Property Company, Todd Watson is now serving as senior vice president of DCT Orlando and Central Florida. After starting his career at Liberty Property Trust and Lincoln Property Company, Todd Watson is now serving as senior vice president of DCT Orlando and Central Florida.
ORLANDO—Opportunities abound in Central and South Florida industrial . That’s the way Todd Watson, senior vice president of DCT Orlando and Central Florida, sees it. In fact, Watson has some very specific insights into the market and is making some predictions in part two of this exclusive interview. You can still read part one: Running Got This Attorney Through The Market Crash. GlobeSt.com: What opportunities do you see in your market?  Watson: There remains underperforming assets or redevelopment opportunities in the local markets, whether it is a small building in Miami or a portfolio in Central Florida. With our existing land bank in all of our Florida markets, we believe development will continue to provide value to our shareholders for the next three to five years. GlobeSt.com: How are you leveraging those opportunities?  Watson: To further grow in these markets we have active developments in Orange, Broward and Miami-Dade counties in Florida, to name a few. GlobeSt.com: What trends do you see in your sector this year?  Watson: There continues to be a sizable amount of capital investors looking to buy industrial real estate in all of the Florida markets. During this cycle, Orlando just saw a record per square foot price paid for an industrial portfolio. Further south, there are a few assets for sale in Miami-Dade County that could also set records for this cycle. GloeSt.com: What are your goals moving forward?  Watson: Trying to become the best industrial developer and acquirer within the Miami and the greater Central to Southern Florida markets. There is tremendous opportunity in these markets and I am part of an organization that understands that and supports our market potential. I also want to be the best leader I can for my team. I hope that we can all grow together. By astutely growing our market presence in Florida, success will come to DCT and to each individual within our organization. Central Florida CRE remains strong with Multifamily, Retail and Industrial leading the way. Are You In The Know? How can you profit? Join us at RealShare Central Florida on September 7th for impactful information from the leaders in Central Florida CRE. Learn more.

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