From Hedge Funds to Flex Space

What makes flex industrial real estate different from multifamily investing?

In this episode of the Hyper Driven Investor Podcast, Zeke Martinez sits down with real estate investor and developer Adam Block to talk about his path into flex and Class B industrial real estate.

Adam has taken an unusual road into real estate. He worked on political campaigns, went to law school, practiced commercial litigation and bankruptcy law, and later worked in investing. His experience included stocks, credit, and consulting with a hedge fund before he began focusing more of his time on real estate.

Today, Adam looks for real estate investments in Texas that can work even when he is not on the ground every day.

That led him toward flex and Class B industrial properties.

Adam explains what flex space is and why he finds it interesting. These properties can serve many kinds of small businesses. A tenant could be a flooring company, coffee roaster, dance studio, craft business, or another company that needs a mix of warehouse, office, or customer space.

Adam also shares why he believes operations matter so much in real estate. In multifamily, strong property management can play a major role in an investment’s success. Adam wanted to find properties where he could solve a different set of problems and rely less on being physically present every day.

The conversation also explores the power of relationships. Adam explains how networking with other real estate professionals helped him discover new opportunities. Instead of simply asking what someone could do for him, he asked what he could do to help them.

That simple question opened the door to learning about deals and opportunities that others may have passed on.

If you are a multifamily investor looking at other parts of commercial real estate, or you simply want to understand flex industrial space, this conversation offers a simple introduction to a different side of real estate investing.

Adam can be reached through his LinkedIn profile or website. His specific website and LinkedIn URLs were not stated in the recorded interview, so they can be added here before publishing.