Andres Vite

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Andres Vite Andres Vite
Commercial Real Estate Agent
Brokered by Exp Commercial
Specialized in Industrial🏭

10/15/2026

Detroit’s industrial market is outperforming the national benchmark, proving that the Motor City is firing on all cylinders for industrial real estate investors and operators 🏭🚀

With North America's cross-border logistics surging and manufacturing nearshoring accelerating, Detroit has emerged as a cornerstone of industrial supply chain resilience.

Here is what the latest market intelligence reveals across the Detroit metro industrial landscape:

📊 Top Market KPIs at a Glance:

✅Total Inventory: ~642 Million SF across logistics, specialized manufacturing, and flex space.

✅Vacancy Rate: 4.3% — significantly tighter than the national industrial vacancy rate of 7.3%.

✅12-Month Net Absorption: 4.1 Million SF, showcasing disciplined occupier expansion and tenant demand.

✅12-Month Deliveries: 2.1 Million SF. Demand is currently outpacing new supply by nearly 2:1.

✅Under Construction: 5.8 Million SF across 38 properties, with 53.5% already pre-leased. New pipeline inventory accounts for just 0.9% of total stock, preventing oversupply risks.

✅Market Asking Rent: Averaging $9.08/SF (Logistics at $8.63/SF, Specialized at $9.03/SF, and Flex at $12.67/SF). Detroit offers substantial cost advantages compared to the $12.20/SF national average.

✅Rent Growth: +2.5% YoY, outperforming the U.S. national rent growth average of 1.3%.

🤝 Major Lease Transactions Driving the Market:

Large-scale logistics operators and mobility manufacturers continue to lock down significant footprints across key hubs like the Airport District and Oakland County:

📌Renaissance Global Logistics: 1,165,689 SF (Airport District)

📌Project Motown: 799,668 SF (Airport District)

📌Gardner White: 615,140 SF (Airport District)

📌TireHub: 548,000 SF (Airport District)

📌Hansae Mobility USA: 460,000 SF (Groesbeck North)

📌Amazon: 312,474 SF (Airport District)

📌Major tier-1 automotive & industrial expansions including Lear Corporation (240k SF), Flex-N-Gate (198k SF), and Magna International (175k SF).

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🎙️ Tune In to the Live Session

Join Andres Vite on the next live episode of "Chasing the Deal" (Season 3, Episode 2) as we break down where the real opportunities lie in Detroit's industrial real estate sector!

🗓️ Date: Thursday, October 15

⏰ Time: 11:00 AM US CT

📍 Where: LinkedIn Live

Whether you are looking to acquire functional manufacturing assets, deploy capital into logistics hubs, or optimize your corporate footprint, this episode will provide actionable data and real-time deal analysis.

👉 Click the "Attend" button above/below to reserve your spot and receive an instant notification as soon as we go live! 🔔

See you there!

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10/08/2026

🚀 CHASING THE DEAL IS BACK — SEASON 3 PREMIERE! 🚀

Is Houston’s industrial market facing an oversupply squeeze or opening up unmatched opportunity for savvy investors and tenants? 🏙️📦

Join me live for Season 3, Episode 1 of Chasing the Deal as we do a deep-dive analysis into the Houston, TX Industrial Market!

Whether you're looking to acquire, lease, or syndicate industrial assets, knowing where the market is shifting right now is critical to making profitable moves.

Here is a quick snapshot of what’s happening on the ground in Houston:

📊 Houston Industrial Market at a Glance:

🏢 Total Inventory:** 888.2M SF

📉 Vacancy Rate: 7.3% (supply outpacing demand since early 2025)

💰 Market Asking Rent: $9.55 / SF

📉 Annual Rent Growth: -1.7% YoY (first negative shift since 2010—creating major leverage for occupiers!)

📈 12-Month Net Absorption: 21.6M SF (record-breaking first 3 quarters for lease signings!)

🚚 12-Month Deliveries: 27.5M SF

🚜 Under Construction: 28.3M SF (75% currently available for lease)

✍️ Mega Lease Moves: Major occupiers like Tesla (1.2M SF), Grainger (1.28M SF), Applied Optoelectronics (737K SF), and Ross Dress for Less (603K SF) are seizing top-tier Class A space.

💡 What we’ll cover in this episode:
1️⃣ Where the best risk-adjusted investment opportunities are hiding in submarkets like East-Southeast Far & Sugar Land.
2️⃣ How tenants are using current supply pressure to negotiate 4–6 months of free rent and TI allowances.
3️⃣ How population growth (420k+ new residents since 2023) and Port of Houston trade are positioning Houston long-term.

👇 Don't miss out!
Click the "Attend" button below to reserve your spot and get automatically notified when we go live! 🔔

See you Tomorrow 10/8 11 AM CT! 🎥

09/24/2026

🔴 Chasing the Deal S2 EP12: Is Baltimore, MD the Next Big Industrial Move?

The Mid-Atlantic logistics landscape is shifting, and Baltimore’s industrial market is undergoing a major recalibration. Join me live this Thursday, Sept 24th at 11:00 AM CT as we dissect the numbers, trends, and hidden opportunities in the Baltimore metro area! 📍

Whether you're an institutional investor, developer, tenant, or corporate executive, understanding these fundamentals is crucial for your next strategic move.

Here is a quick snapshot of Baltimore’s industrial market performance:

🏢 Total Market Inventory: 273.2 Million SF (186.6M SF Logistics / 54M SF Flex)

💰 **Market Asking Rent:** $11.60/SF blended ($10.06/SF Logistics | $16.05/SF Flex)

📈 Annual Rent Growth: 4.0% YoY (outpacing the national average of 1.3%)

📊 Vacancy Rate: 9.2% (recalibrating from historic lows)

🔄 12-Month Net Absorption: 1.6 Million SF

🏗️ 12-Month Deliveries: 2.9 Million SF

🛠️ Under Construction: 3.4 Million SF across 23 active developments

📜 Top Recent Leases: Mega-commitments by major national players including The Clorox Company (945k SF), Sephora (652k SF), and Mako Freight (470k SF)!

Are higher vacancies creating buyer/tenant leverage, or is the 4.0% rent growth a sign of long-term stability? We’ll break down all this and more during the stream.

👇 Click the "Attend" button below to reserve your spot and receive a notification as soon as we go live!

See you on the inside! 🚀

09/17/2026

Is Charlotte, NC on your industrial real estate radar? 🏗️📈

Demand is gaining serious momentum in the Queen City, with net absorption pacing ahead of deliveries and vacancy pulling back from recent peaks. Large-box logistics leasing is rebounding, while manufacturing and data center expansion are building a broader, more resilient demand base.

Join me live for Season 2, Episode 11 of "Chasing the Deal" where we dive deep into the micro-markets, rent growth dynamics, and emerging industrial opportunities across Charlotte!

📊 **Charlotte Industrial Market Key KPIs:

✅Total Inventory: 411.0M SF

✅Market Asking Rent: $10.35/SF NNN

✅Rent Growth: 3.1% YoY (moderating into a balanced market)

✅12-Month Net Absorption: 8.9M SF

✅Vacancy Rate: 9.8% (with Class A modern space commanding strong premiums)

✅12-Month Deliveries: 9.8M SF

✅Under Construction: 11.1M SF (65.4% pre-leased!)

🔥 Major Lease Headlines Past 12 Months:

📌Prime Beverage Group: 933,988 SF (Cabarrus County)

📌Google: 729,872 SF (Rowan County)

📌American Eagle Outfitters: 472,890 SF (Rowan County)

📌Amazon: 449,069 SF (Airport/West Submarket)

Whether you are an institutional investor, a manufacturing user scaling operations, or looking for passive CRE syndication opportunities, this episode will give you actionable market intelligence[cite: 1, 2].

🗓️ Date: Thursday, September 17th
⏰ Time: 11:00 AM CT / 12:00 PM ET
📍 Where: LinkedIn Live

👉 Click the "Attend" button below to lock in your spot and get notified as soon as we go live! 👇

09/10/2026

🍗Is Louisville, KY on your industrial real estate radar? 🏗️📦

🎥Join me live on Thursday, September 10 at 11:00 AM CT for Chasing the Deal (Season 2, Episode 10) as we analyze the metrics, supply trends, and investment opportunities shaping the Louisville industrial market.

📊Louisville Industrial Market Snapshot:

✅Total Inventory:** 273.7M SF across logistics, specialized, and flex properties.

✅Vacancy Rate:** 6.3% overall (Logistics sitting at 7.5%, while Specialized remains tight at 3.1%).

✅Asking Rents & Growth: $7.74/SF average (+4.8% YoY rent growth, continuing to outperform the national benchmark).

✅Supply vs. Demand: 4.0M SF 12-month net absorption vs. 8.4M SF in deliveries.

✅Under Construction: 6.17M SF under active development (2.4% of total inventory).

✅Top Leases: Major commitments from DQS Solutions & Staffing (519k SF), ShipMonk (406k SF), and Meta (352k SF).

Whether you are looking to expand footprint, acquire stabilized assets, or navigate shifting vacancy trends, we’ll break down what these figures mean for your portfolio strategy.

📅 Reserve your spot!👇
Click the Attend button to register and get notified the moment we go live! 🔔

09/03/2026

Join me for Chasing the Deal: Season 2, Episode 9, where we take a deep dive into Southern California's premier logistics hub to analyze where the top property opportunities lie today!🏭

Here is a quick snapshot of the Inland Empire market metrics we will be analyzing live:

🏢 Total Inventory: 796.1M SF

📊 Vacancy Rate: 8.5% (stabilizing following a massive supply wave)

💲 Market Asking Rent: $12.17/SF (-1.6% YoY, ~25% below its 2023 peak)

📈 12-Mo Net Absorption: 7.3M SF

📦 12-Mo Deliveries: 9.3M SF

🔨 Under Construction: 11.9M SF (down dramatically from a 45.7M SF peak)

🤝 Major Lease Activity: Massive commitments by Decker Outdoor (1.53M SF), DP World (1.33M SF), CEVA Logistics (1.28M SF), and Wayfair (1.22M SF).

Whether you are an institutional investor tracking cap rates, a tenant evaluating lease concessions, or a corporate finance executive measuring supply constraints, this episode will equip you with data-driven insights. 📊💡

👇 Click the Attend button below to reserve your spot and get notified as soon as we go live! 🔔

08/27/2026

👑Is Cincinnati the Midwest’s most resilient industrial hub?

While national industrial vacancies float around 7.4%, Cincinnati is tightening at a **3.8% vacancy rate**. Driven by 8.3 million SF in 12-month net absorption—its strongest resurgence since 2022—this market is outpacing regional peers.

In Episode 8 S2 of "Chasing the Deal," we’re breaking down where the real yields lie across Cincinnati’s industrial submarkets and how top-tier occupiers are positioning themselves.

📊Cincinnati Industrial Market at a Glance

✅Total Inventory:** ~370 Million SF (2nd largest market in Ohio)

✅Vacancy Rate:** 3.8% (Logistics: 4.6% | Specialized: 1.9%)

✅Market Asking Rent:** $7.82 / SF ($7.18 Logistics | $13.67 Flex)

✅12-Mo Net Absorption:** 8.3 Million SF

✅Key Growth Submarkets:** Tri-County (I-75 corridor) & Airport (home to Amazon Air Hub at CVG)

✅Key Industry Anchors: Advanced manufacturing, aerospace (GE Aerospace), consumer goods (P&G, Kroger), and third-party logistics.

Whether you're looking for value-add industrial acquisitions, site selection, or regional distribution advantages, join us live as we analyze real property data and underwriting opportunities.

📅 Date: Thursday, August 27, 2026

⏰ Time: 11:00 AM US CT

📍 Where: LinkedIn Live

👉 Click the "Attend" button above to lock in your spot and receive a notification when we go live!

08/20/2026

🎥Chasing the Deal S2 EP 7: Washington, DC Industrial Market Deep Dive**

🏛️Is the Washington, DC industrial market insulated from national economic headwinds? While logistics demand slows across the country, the DC region is outperforming national benchmarks—fueled largely by Northern Virginia’s massive data center boom.

📊Before we analyze active property opportunities live, here is a snapshot of DC’s core industrial metrics:

✅Total Inventory:** 331 Million SF

✅Market Vacancy:** 5.6% overall (Logistics at 7.1%; Specialized Data Centers tight at 1.4%)

✅Asking Rent Growth:** $19.30/SF blended average (+3.9% YoY vs. 1.2% national average)

✅Under Construction Pipeline:** 42.7 Million SF (39.2M SF dedicated to specialized/data center space)

✅Primary Growth Drivers:** Northern Virginia data centers account for ~60% of net absorption since 2020, while small-bay logistics under 100,000 SF remain tightly held at 5.6% vacancy.

Want to pinpoint where the highest-value acquisition, development, and tenant representation opportunities are in this market? Join me live as we analyze real property numbers on the ground.

📅Date:** Thursday, August 20

🕰️Time:** 11:00 AM CT

👉 **Click the "Attend" button to reserve your spot and get notified the moment we go live!**

08/13/2026

🐻Is Chicago’s $10.28/SF industrial market hiding your next high-yield deal? 📈

As the nation’s premier inland logistics hub🏭 —powered by 6 major Class I railways and 10 interstate highways—Chicago industrial continues to beat national headwinds. Rent growth is up 5.0% YoY (compared to just 1.3% nationally), while vacancy compresses down to 5.4%.

In Episode 6 of "Chasing the Deal" (Season 2), we are running a financial and operational deep dive on the Chicago, IL industrial market to uncover where institutional and private capital are placing their bets.

📊 Chicago Industrial Market KPI Snapshot:

✅Market Asking Rent:** **$10.28 / SF** overall (*Logistics assets leading at $9.45/SF, up +5.7% YoY*).

✅Vacancy Rate:** **5.4%** (*vs. 7.5% US national average*).

✅Total Inventory:** **1.38 Billion SF** (*70%+ dedicated to logistics users*).

✅12-Mo Net Absorption:** **~10 Million SF** (*driven heavily by assets >200k SF*).

✅Core Demand Drivers:** 3PL expansion, e-commerce, food/consumer manufacturing (Kraft Heinz, Mondelez, Ferrero), and a surging data center footprint in O'Hare/Northwest Cook.

🎯Whether you are a tenant looking to optimize space, an institutional group deploying capital, or a passive investor looking for NNN yield, understanding submarket dynamics like Joliet, the I-55 Corridor, and O'Hare is critical.

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📅 **When:** Thursday, August 13th at 11:00 AM CT

🎙️ **Host:** Andres Vite, CRE Advisor & The Nearshoring Guy

👇 **Reserve Your Spot:**

Click the **"Attend"** button on this post to register and get notified the moment we go live!

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08/06/2026

Is Phoenix’s industrial market facing an oversupply crisis—or opening up a prime buy-and-lease window? 🌵🏭

The Phoenix market has experienced a massive influx of new inventory over the last three years. But as completions slow down, tenant demand is proving resilient.

In Episode 5 of "Chasing the Deal" (Season 2), I’m diving deep into Phoenix, AZ to break down where the real industrial property opportunities lie in 2026.

Here is a quick snapshot of where the market stands today:

📊 Top Market KPIs at a Glance:

✅Total Inventory: 526.6M SF across logistics, specialized industrial, and flex space.

✅Vacancy Rate: Stabilizing around 10.7% market-wide. While logistics vacancy sits near 12.7% due to large speculative builds, infill small-bay properties (

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