The most allusive use possible - salvage car transportation. Any tips on finding space?
Hey guys,

I’m mostly a smaller retail agent who works in the same 3-4 towns doing work out of my boutique brokerage. Split my time 3/4 commercial vs residential. Young, 22 y/o, been licensed for two years now. I like it so far. 

I got a tenant recently who called us off one of our listings and wants industrial space around the Newark port in NJ. Small warehouse around 15k plus minus some square feet. 2-6ac lot. &lt;50mi from port is OK. 

Had him for 4 months now and i fear losing the possible deal with him since this will be more than the usual 2-3k sized retail spaces i chase after. 

I’ve called around to most larger brokerages like CBRE, Marcus &amp; Milichap, STRO, Cushman etc asking if they have space on the requirements and can’t find anything sub 50k SF that has a lot that size of 2ac. 

I think the rising property values in Newark have pushed out a lot of these uses and landlords have cashed out on their properties at this point since industrial space is so sought after in that area. 

Is this just how the game is for space like this? I might be a little naive you could say but I haven’t managed to get any showings at all recently for the tenant and I’m getting antsy thinking I’m doing a shit job. 

Would I be an ass for calling landlords without active space being marketed asking them about this? Do I just need to tap the reload page on LoopNet everyday and pray something pops up? Words of encouragement?

Any tips would be appreciated. If you know the area of NJ, I can only find stuff out in Camden which is too far and tenant can’t use Philly port. 

Thanks guys.. getting nervous here in the hot seat. I don’t mean to ask for listings linked to me at all but I figured some context might be helpful.
[{"id": "hql4x5r", "text": "I would research existing locations like that, tow yards, etc.  Determine the owners and contact them, even contact the current business owners in those locations.  They know people in the indsutry.", "replies": [], "depth": 1}, {"id": "hql5l1c", "text": "Sounds like your market is like mine for industrial in which case.... this is very normal, I have a long list of clients looking for similar spaces that don't exist in my market. I have had success with a couple of clients calling random landlords without active space, but that's few and far between. I also had success just driving in the industrial areas and looking for underutilized space and calling based off that. Best of luck but searches like this can be net to impossible in the current market.", "replies": [], "depth": 1}, {"id": "hql76jj", "text": "Supply and demand and seems like your industrial market is hot right now as well. Right now owners have options and almost all of ours is not accepting automotive besides the properties that are exclusively automotive. If they weren\u2019t getting much interest then I can see them going for something they usually don\u2019t. This use does cause a lot of problems most of the time for the property management side of things but there are owners I\u2019m sure who would be open to it. A yard would probably be ideal or one that doesn\u2019t have limited parking spaces. Feel free to reach out to LoopNet postings that\u2019s why they are there for and we just will say no if that\u2019s the case or we do have a vacancy that may be open to it but are you looking in that city?", "replies": [{"id": "hqppnl9", "text": "Why is it that larger commercial brokers don\u2019t seem to like having questions asked? I think they aren\u2019t confident I can close a deal since I\u2019m w a small brokerage and don\u2019t want to waste time. Is my assessment off? In my area at least I\u2019m known and I get return calls", "replies": [{"id": "hqpteme", "text": "Can you explain? I\u2019m in a smaller brokerage as well representing landlords since we do full service property management. It could be the type of properties you are inquiring about with the type of use but I would never try to appear upset by an inquiry and who knows sometimes you can redirect that into another property. Maybe the bigger brokers are trying to do in house both sides but that\u2019s shady if that\u2019s the case. Hard to tell over Reddit I guess", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hqlk0xs", "text": "If you havent yet id look at whats on market for buildings in that size range ignoring the land requirement. Id also look at land in that size range ignoring the building requirement.  Maybe you get lucky and can fulfill one side then lease a neighboring property to solve the other side.\n\nSometimes there just isn't good options.  Have you talked to your client about buying?  Reach out to developers too they may have land inventory and do a build to suit.\n\nYou probably know this but landlords and cities are going to hate that use. Make sure you check zoning and disclose that up front before you waste too much time.\n\nIts ok to tell your client what they want is not on the market if you have done an honest job of finding that out.  Its a business decision on their side how they may modify that or if they decide to wait but its your responsibility to make sure they understand the market", "replies": [], "depth": 1}, {"id": "hqmhfy9", "text": "Waste of your time chasing that one imo", "replies": [], "depth": 1}]