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This episode unlocks dives into the emergent and exciting small bay flex industrial commercial properties with sector-specialist Cody Payne, SVP at Colliers. The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with top CRE professionals. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, host Ashley Kobovitch sits down with Cody to discuss his extensive career in commercial real estate, focusing on the booming sector of small bay flex industrial properties. Cody shares his journey from car salesman to real estate, key lessons learned, and the importance of finding a niche. They dive into why small bay flex spaces are gaining popularity, the macroeconomic factors at play, and the essential qualities for success in commercial real estate. Cody also elaborates on his new book, Flex Space Domination, which serves as a comprehensive guide for investors interested in this asset class. 00:00 Introduction to The Crexi Podcast 00:23 Meet Cody Payne: Career Overview 03:10 Finding a Niche in Small Bay Flex 04:24 Mentorship and Career Lessons 07:41 Navigating Economic Challenges 11:46 Daily Habits and Work Ethic 14:28 The Rise of Small Bay Flex Industrial 17:19 Future of Small Bay Flex 22:43 Team Growth and Investment Encouragement 24:56 Team Dynamics and Overcoming Fears 26:45 Introducing Flex Space Domination 28:55 Insights from Flex Space Domination 30:49 Balancing Commissions and Investments 33:14 Advice for New Brokers and Investors 35:01 Rapid Fire Questions and Fun Facts 40:19 Final Thoughts and Contact Information Like this? Hop on over to our blog to check out the latest CRE hot tips and insights: https://bit.ly/3TAD75S Subscribe and receive the latest in CRE from Crexi: https://www.youtube.com/c/CREXi?sub_c... Follow Crexi: Website: https://bit.ly/3TAD75S Instagram: https://bit.ly/3SxVtDk Facebook: https://bit.ly/3DppaSH Twitter: https://bit.ly/3D1Qe91 Linkedin: https://bit.ly/3zcDMCh About Cody Payne: Cody Payne is Senior Vice President at Colliers International in DFW and his team specializes in selling Office and Industrial investment properties. Over the past 19 years, Cody’s team have closed more than 1,000 commercial real estate transactions. Combined with Colliers International Platform and Cody’s extensive knowledge and expertise of leasing, management, market conditions and business, The Payne Office & Industrial Team provides their clients and investors the opportunity to maximize value while creating a competitive advantage that yields the best results. Prior to joining Colliers International, Cody worked at Marcus & Millichap and Sperry Van Ness/Dunn Commercial. Cody and his team also have a new book out called Flex Space Domination, the ultimate guide to help readers learn how to build and invest in the world of Small bay Flex Industrial. About Crexi: Crexi is transforming commercial real estate with advanced, integrative technology and data analytics designed to accelerate every CRE stakeholder’s success. From trading properties to machine-learning-powered industry Intelligence, Crexi’s intuitive CRE solutions accelerate transaction velocity and have empowered over 3 million active monthly users to close more than $615 billion in deals and market over $7 trillion in property value.