Investing in Office Spaces with Cody Payne

Nov 16, 2020

Today’s guest is Cody Payne, Senior Vice President at Colliers International in Fort Worth, Texas. He specializes in selling office and industrial investment properties in the Dallas-Fort Worth market. In the last 15 years, Cody has closed more than 600 hundred commercial real estate transactions. Before joining Colliers International, Cody worked at Sperry Van Ness/Dunn Commercial for 10 years, where he specialized in office and industrial investment sales, management, and leasing. He has extensive experience in the office and industrial leasing sector having worked with many major companies from Local/Regional to Fortune 500 companies and GSA leases.

Let’s jump into Cody’s story and learn the benefits of investing in office spaces. 

[00:01 – 08:27] Opening Segment 

• I introduce our guest, Cody Payne
• Cody shares his background and walks us through his journey into the real estate business
• He talks about their current projects, including several large office portfolios
• • He also talks about his company’s performance during the COVID-19 pandemic

[08:28 – 13:54] Flexing the Industrial Spaces 

• Cody talks about flex industrial spaces and why they are in-demand right now
• He shares the kind of buyers they have in their business
• Cody talks about the similarities and differences between industrials and multifamily properties

[13:55 – 26:41] Investing in Office Spaces

• Cody tells us more information about office spaces you don’t want to miss!
• Cody also shares some secrets to be successful in the office space market
• • He includes some strategies to boost the Net Operating Income 
• He shares his company’s performance during the COVID-19 pandemic and his outlook on the future
• • Does the work from home setup affect their business? 
• He talks about the opportunities in the office space business right now 

[26:42 – 27:59] Closing segment

• I asked Cody what title he would give to his biography book, which will be written by his great-grandkids.
• “Out for Justice,” inspired by the Steven Seagal film 

• Connect with Cody. See the links below 

 

Tweetable Quotes

 “The office, I believe, is one of the more sophisticated asset classes.” – Cody Payne

“Understanding the office side is very key.” – Cody Payne

 

You can connect with Cody Payne via LinkedIn and Facebook, and Instagram. Email him at [e-mail] or call him at 972-345-6500. Check out their website at https://texasofficeinvestments.com/ and their social media accounts: Facebook, Twitter, Instagram, and LinkedIn. Also visit Colliers International online at https://www2.colliers.com/en, Facebook, Twitter, Instagram, and LinkedIn. 

Texas Office Investments:

Website - https://texasofficeinvestments.com 

Facebook - https://www.facebook.com/texasofficeinvestments 

Twitter - https://twitter.com/tx_investments 

Instagram - https://www.instagram.com/texasofficeinvestments/ 

LinkedIn - https://www.linkedin.com/company/texas-office-industrial-investments/ 

 

Colliers International:

Website - https://www2.colliers.com/en 

Facebook - https://www.facebook.com/colliersinternational 

Twitter - https://twitter.com/colliers?lang=en 

Instagram -  https://www.instagram.com/colliersinternational/ 

LinkedIn - https://www.linkedin.com/company/colliers-international/ 

 

 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.

I believe that you only need a small axe to build a lasting empire. Let’s start building yours!

To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.