Long-Tail Shifts and Resilient Fundamentals in the National Industrial Sector

This episode explores the industrial sector’s opportunities and upcoming challenges with David Murphy, Executive Vice President at CBRE.

The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top CRE professionals in the space. 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 Jessica LaRusso sits with Murphy as he shares his journey from a real estate-enthusiast beginner to becoming an industrial logistics leader. He discusses the changing landscape of industrial real estate, driven by e-commerce and the shift from large, centralized warehouses to more localized, efficient spaces. 

Murphy also delves into the nuances of the CRE industry, highlighting the importance of hard work, resilience, and building relationships over merely relying on technology. He reflects on the misperceptions about the industry and concludes with insights into the future of industrial real estate, emphasizing growth in Florida and the ongoing need for development amidst rising construction costs.

• Meet David Murphy: A Real Estate Lifer
• David's Journey: From Hockey to Brokerage
• The Evolution of a Real Estate Career: Lessons and Achievements
• Mentorship and Hard Work: The Foundations of Success
• Giving Back: Coaching the Next Generation of CRE Professionals
• The Art of Building Relationships in CRE
• Work Ethic and Strategy: Staying Ahead in CRE
• David's Personal Routine and Family Life
• A Day in the Life: Balancing Workouts, Family, and Work
• Mastering Time Management and Productivity
• The Evolution of the Industrial Sector
• Navigating the Challenges of Industrial Development
• Investment Strategies and the Future of Industrial Real Estate
• Rapid Fire Questions: Insights and Advice
• Closing Thoughts and Social Media Musings

 

About David Murphy:

David Murphy is an Executive Vice President with CBRE. In 2021, David was recognized as CBRE’s top overall producer in the State of Florida for the second consecutive year.

David oversees a multi-disciplined industrial and logistics team whose market knowledge, creativity, and industry relationships provide winning solutions for his clients. Over his 23-year career at CBRE he has been named NAIOP of Central Florida Industrial Broker of the Year 18 times and is routinely recognized at the CBRE Recognition Summit as one of the top producing brokers in the firm.

David began his real estate career in State College, PA during his freshman year at the Pennsylvania State University where he graduated with a Bachelor’s of Science Degree in Real Estate. A member of the Penn State Men’s Ice Hockey Team, David was inducted into the Penn State Hockey Hall of Fame and also played professionally in the East Coast Hockey League.

For show notes, past guests, and more CRE content, please check out Crexi’s blog.

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