Texas Office Investments with Cody Payne

Listen to the Episode (24:55)

Cody Payne specializes in selling investment offices and industrial buildings in Dallas Fort Worth. He’s been in business for 15 years and runs an 8 person investment sales team. Over the past 12 years, Cody has closed over 500 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 and Industrial Team provide their clients and investors the opportunity to maximize value while creating a competitive advantage that yields the best result.

[00:01] – [02:09] Opening Segment

Let’s get to know Cody Payne
Cody talks about his background

[02:10] – [11:57] Texas Office Investments

Asset classes they work in
The state of the office space in the Dallas Fort Worth area
Opportunities in the office space
A high-velocity tenant
Office leases in the Dallas Fort Worth area
Options for a large tenant in opting out early on leases

[11:58] – [20:56] Flex Industrial space in Dallas

Investing in flex industrial space in Dallas
Metal building price increases in the past 12 months
Things to consider when getting into flex or industrial

[20:57] – [24:32] Closing Segment

Cody’s advice to aspiring investors
- Be patient and align yourself with specialists
How he stays on top of his game
His way to make the world a better place
How to reach out to Cody – links below
Final words

Tweetable Quotes:

“I think there’s definitely a good future for the office space, it’s just about knowing what to buy, how to buy, and what your strategy is, even with any other real estate investment.” – Cody Payne

“Aligning yourself with specialists, being patient, and doing your research is going to save you a lot of headaches and money.” – Cody Payne

“Being active as possible is the key to victory.” – Cody Payne

Resources Mentioned: