Erik Sexton, SIOR
@ErikTSexton
Industrial Real Estate Broker | Specializing in Family Offices | EO Member | Motorcycle Enthusiast
Two years ago, a client asked me to rep them on a “great deal” in Vegas. I warned them about the area. They rented the space regardless. Now, 2 years into a 5-year lease: multiple break-ins, a fire, and a homeless guy sleeping in the conference room. Now it's time to move.…
People who annoy you? People who slam my car doors. 🤬🤬🤬
When people ask me about crypto: “It might be the biggest Ponzi scheme in financial history… or it will revolutionize the financial system. No one knows. Time will tell.”
China builds a new coal plant every week. They're gearing up for the AI wars while we argue over Canadian lumber. Give me a break. The U.S. and Canada need to unite on power, on AI, on Bitcoin. We’ve got the resources, they’ve got the market. Merge the economies, not as 51…
My fastest escrow was 4 days, I have done a few at 7 days and a few more within 15 days.
$4.2 mill - 10 day escrow opened today 🦾 - Cash deals are the best.
Buyers will spend millions on buildings, but not spend a few thousand on attorneys to review agreements. It’s beyond me 🤷♂️.
I represented a client who signed a 72 page lease last year. I just signed a lease that was 12 pages. They pretty much said the same thing. Pay rent and you can use my building, stop paying you'll get kicked out.
Purchase agreements have gotten way too complicated. The ones that are 5-7 pages are perfect. You pay this much and I'll give you a certain amount of time to review DD docs, if you like everything purchase the building, if not cancel escrow and move on.
One of my clients owns a large company in another state. He just won a monster lawsuit against someone who filed against him so he counter filed. His attorney fees the losing party had to pay his attorneys was $3 million. That’s a big lawyer bill. He spent $3 mill on attorneys in…
Broker tip: Find a broker or two in other markets to stress test your scenarios. Different perspectives = better decisions.
The best cars are owned by rich old woman and rappers 🤷♂️🤣
Closing deals over the holidays 🇺🇸👏 Locked in a lease before the rehab even started, a major win for this project. Pre leasing during renovations can be tough, but with some creative maneuvering and a proactive approach, we got it done. Big things ahead for this property. 💪🏽Go…
JUST LEASED | 6676 Escondido, Unit 5 – Las Vegas, NV We recently represented the buyer of this ±6,000 SF industrial building and secured a tenant within 10 days of listing it a great outcome for our new client. Since 2020, I’ve had the opportunity to sell this building three…
Twin turbo v6 & even worse the Land Cruiser has a twin turbo v4. But, I should drive one before I judge.
