Seth Sinovic | KC Industrial CRE

Industrial CRE broker in Kansas City. Flex, manufacturing, warehouse & distribution space. Former MLS soccer player. NAI Heartland | SIOR Member Associate

[Seth Sinovic | KC Industrial CRE @ssinovic]

Needs to be at least 3 times this size!

[Chris Hatch @Dirtdog]

@blake_hagz @SouthwestAir What is this a tray for ants?!

[Taylor Twellman @TaylorTwellman]

The flopping in soccer is SOOOOO bad. 🤯🤯🤯🤯🤯

[Seth Sinovic | KC Industrial CRE @ssinovic]

@kenashley Depends on the client, but yes until an offer needs to be submitted. You?

[Seth Sinovic | KC Industrial CRE @ssinovic]

Toured a building this week in Topeka, KS. Originally built as part of an Army Air Field in the 1940s, it transitioned to civilian industrial use in the 1970s and is still fully operational.

Love seeing the history the day to day in industrial real estate brings. #industrialcre

[Seth Sinovic | KC Industrial CRE @ssinovic]

@barrettjoneill I’ve noticed this as well. Performed a task about a month ago, saved it as a skill. Tried to have it perform that same skill a few weeks after and it was poor quality and nothing like the original.

[Chad Griffiths @ChadGriffiths]

Amazon occupies more warehouse space than Walmart, Home Depot, GXO and U-Haul combined

[Seth Sinovic | KC Industrial CRE @ssinovic]

@credealjunkie This is great!

[Seth Sinovic | KC Industrial CRE @ssinovic]

@ChadGriffiths @_specofdirt

[Seth Sinovic | KC Industrial CRE @ssinovic]

@rohde88 A - every time

[Seth Sinovic | KC Industrial CRE @ssinovic]

@realEstateTrent Time ⏱️

[Seth Sinovic | KC Industrial CRE @ssinovic]

What’s the biggest challenge for KC industrial tenants right now?
#industrialrealestate #CRE #KansasCityCRE

[Seth Sinovic | KC Industrial CRE @ssinovic]

@downthebyline I agree he could take a touch but it’s risky. If it’s a bad touch, could be a tap in instead of a turnover.

Too much time and space after the turnover as well. Great finish, but need to close him down quicker.

[Seth Sinovic | KC Industrial CRE @ssinovic]

That supply-demand gap is creating really opportunities for owners of existing small-bay product.

If you own a flex or small-bay industrial building in the KC metro, your asset may be worth more than you think!

[Seth Sinovic | KC Industrial CRE @ssinovic]

Interesting KC industrial trend right now:

Tenant demand for small-bay flex and industrial is climbing. Almost no new construction in that size range. Economics push developers toward larger builds.

[Seth Sinovic | KC Industrial CRE @ssinovic]

@ChrisRamsey60 Looks great, what sort of clear height are we looking at there ?

[Seth Sinovic | KC Industrial CRE @ssinovic]

Anything you would add to the list???

[Seth Sinovic | KC Industrial CRE @ssinovic]

5. Early termination or contraction rights. Business changes. Having an out, even with a penalty, is better than being locked into a space you don’t need.

[Seth Sinovic | KC Industrial CRE @ssinovic]

5. Early termination or contraction rights. Business changes. Having an out, even with a penalty, is better than being locked into a space you don’t need.

[Seth Sinovic | KC Industrial CRE @ssinovic]

4. Cap on CAM and operating expense increases. NNN doesn’t mean you should ignore what you’re paying. Make sure annual escalations are reasonable and defined.

[Seth Sinovic | KC Industrial CRE @ssinovic]

4. Cap on CAM and operating expense increases. NNN doesn’t mean you should ignore what you’re paying. Make sure annual escalations are reasonable and defined.

[Seth Sinovic | KC Industrial CRE @ssinovic]

3. Exclusive use or right of first refusal on adjacent space. If you’re growing, try to protect your ability to expand without relocating.

[Seth Sinovic | KC Industrial CRE @ssinovic]

3. Exclusive use or right of first refusal on adjacent space. If you’re growing, try to protect your ability to expand without relocating.

[Seth Sinovic | KC Industrial CRE @ssinovic]

2. Renewal Options. If you can lock in your right to stay at a predetermined rate or FMV, do it. Don’t leave this to future negotiations where you have less leverage.