In this episode of The Industrial Real Estate Podcast, Chad Griffiths sits down with Industrial investor Jeremiah Boucher of Patriot Holdings for a deep dive into one of the hottest segments in commercial real estate: small bay industrial.
Jeremiah breaks down why demand for flex and contractor bay space continues to outperform larger industrial formats, despite rising construction costs and economic uncertainty. The conversation explores the real operational complexity behind small bay investing — from tenant turnover and parking management to leasing velocity, asset management, and maintaining strong tenant relationships.
Chad and Jeremiah also unpack:
Why small bay industrial remains undersupplied across North America
The difference between property management and true asset management
Why operational execution is the real “alpha” in industrial investing
Whether you’re an active industrial investor, broker, developer, or LP looking to understand the evolving industrial landscape, this episode delivers a masterclass on what separates average operators from elite ones in today’s market.
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