{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Fadding-value-with-shy-assar-58c53c3f.simplecast.com%2Fepisodes%2Fep028-eric-sauer-dJhXoXpb","width":444,"version":"1.0","type":"rich","title":"The Threat to Industrial Real Estate & CA Logistics | Eric Sauer","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/1293c931-b112-4a14-abdb-cd52a5b77dbe/32e52526-e7e1-46d5-972b-9d0d86da36a1/adding-20value-20square.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"","height":200,"description":"In this episode of Adding Value, host Shy Assar sits down with Eric Sauer, CEO of the California Trucking Association (CTA), to unpack the massive challenges facing California's trucking industry and its significant ripple effect on the industrial real estate and warehousing sectors.\n\nFor the last four to five years, the logistics market has endured a brutal \"soft freight recession.\" Combined with aggressive state-mandated regulations, changing economic factors, and shifting supply chain demands, small, multi-generational family-owned trucking fleets are quietly exiting the California market. When these operators park their trucks for good, they also vacate their warehouses, fundamentally changing the risk profile of industrial properties.\n\nSauer provides inside perspective on what the current macro state of trucking looks like, how these regulations impact operational costs, the victory behind stopping the harmful AB 1777 proposal, and what landlords and industrial property owners need to watch out for as the industry navigates this turbulent era.\n\nIf you are an industrial real estate owner, asset manager, or logistics investor looking to stay ahead of market trends, this conversation provides essential macro-economic insights."}