Congratulations to our own Clay Pritchett, named a GlobeSt.com 2021 Industrial Influencer! He is one of just 24 industrial professionals nationally to make this esteemed list.
According to GlobeSt.com with regards to the industrial influencer designation, “It would be easy to say that now is a great time to be in the industrial real estate asset space. Demand, pricing, rents—they all favor the industry right now. As one example of the sector’s great fundamentals: rents are projected to increase as much as 10% or more this year, per Prologis. But experts in this category do have some juggling to do. Tenants are eager for space and it is not easy to satisfy them all. Developable land for industrial use is relatively scarce and the prices for sale lease-backs are rising as developers are seeking out any property available for their purposes. Navigating this environment takes skill. With these challenges in mind, we have selected our annual group of industrial influencers. We choose, as we always do, based on accomplishments and impacts the influencers have made on the industry. As you read through these stories, we believe you will agree with our decisions, hard as they were to make.”
And here is Clay’s blurb from the industrial influencer write-up:
“As a partner at NAI Partners, with more than two decades of experience, Clay Pritchett is one of the most reputable industrial players in the Southwest market. Based in Houston, TX, Pritchett is the top closer in the city, and last year, he was the firm’s highest producing broker across all asset classes. Since joining NAI Partners in 2012, Pritchett has completed more than $600 million in transaction value. Through the pandemic, he has continued to close significant deals. He represented Redwood Property Investors III LLC in the purchase of a 301,127-square-foot industrial campus on nearly 32 acres of land in northwest Houston; he arranged the sale of a 153,000-square-foot class-A facility that features office, freezer-cooler warehouse and food processing space; and he brokered the sale of a 105,664-square-foot industrial campus on 32 acres. Pritchett specializes in seller and buyer representation, landlord representation, tenant representation and development advisory services. Following the pandemic, he believes in focusing on client services above all else.”