An interview show with leading commercial and multifamily real estate participants in various disciplines. John Coe, a 41 year real estate finance professional, will interview many of his long time friends and past clients to learn about their backgrounds and what brought them into the income producing real estate business. He will probe into their career paths and what they have learned along the way, highlighting their successes, failures and lessons learned. Each episode will explore the interviewee's individual perspective and offer unique views of their particular expertise and where the trends are leading.
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An interview show with leading commercial and multifamily real estate participants in various disciplines. John Coe, a 41 year real estate finance professional, will interview many of his long time friends and past clients to learn about their backgrounds and what brought them into the income producing real estate business. He will probe into their career paths and what they have learned along the way, highlighting their successes, failures and lessons learned. Each episode will explore the interviewee's individual perspective and offer unique views of their particular expertise and where the trends are leading.
Bio
Blake Potolicchio, Co-Chief Investment Officer
More than a dozen years of experience in real estate acquisitions, dispositions, financing, asset management, and leasing. Prior to Open Industrial Blake spent 15 years spearheading a local private equity real estate fund’s strategic direction focused on acquisitions, entitlement, leasing and asset management.
Show Notes
Introduction and Welcome (00:04:30)
Blake is welcomed to the show and expresses gratitude for the invitation.
Blake’s Role and Responsibilities (00:04:40)
Blake describes his role as co-chief investment officer at Open Industrial.
Investment Strategy Overview (00:04:50)
Discussion on acquiring heavy industrial zoned land for outdoor storage and its significance.
Average Deal Size (00:05:15)
Blake shares insights on the average deal size and the strategy of high volume, small check sizes.
Impact of COVID-19 (00:05:50)
The importance of their tenants during COVID-19 and the supply chain disruptions experienced.
Challenges in Finding Suitable Sites (00:06:15)
Blake discusses the difficulties in finding sites that meet zoning and user requirements.
Motivation Behind Founding Open Industrial (00:06:45)
Personal motivations and the market conditions that led to the establishment of Open Industrial.
Identifying Market Opportunities (00:07:30)
Blake explains how zoning and limited availability create market opportunities for outdoor storage.
Economic Viability and Investment Perspective (00:08:15)
Discussion on the economic aspects and long-term viability of their investment strategy.
Acquisition Strategy and Market Focus (00:10:30)
Blake outlines the geographic focus and strategy of the acquisitions team at Open Industrial.
Background and Education (00:11:15)
Blake shares his upbringing, education, and the importance of learning in his early years.
Family Background (00:12:00)
Details about Blake’s family, including his mother’s real estate career and father’s medical profession.
College Experience (00:12:15)
Blake discusses his college experience at the College of the Holy Cross and his athletic involvement.
Career Aspirations Post-College (00:14:00)
Blake reflects on his uncertainty about career paths after college and his initial interest in medicine.
Internship Experience (00:15:30)
Blake describes his internship at JLL and the various aspects of real estate he explored.
Interest in Real Estate (00:16:15)
Discussion on what spa...
Icons of DC Area Real Estate
An interview show with leading commercial and multifamily real estate participants in various disciplines. John Coe, a 41 year real estate finance professional, will interview many of his long time friends and past clients to learn about their backgrounds and what brought them into the income producing real estate business. He will probe into their career paths and what they have learned along the way, highlighting their successes, failures and lessons learned. Each episode will explore the interviewee's individual perspective and offer unique views of their particular expertise and where the trends are leading.
