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Steve Kapp

Sep 25, 2026

6:51
But then we now have, you know, robotics, we have eVTOLs, we have other sort of things, you know, run us kind of through the gamut of, you know, some of the companies that you see leasing space.
7:02
Sure.
7:02
Well, certainly, I would say that the traditional center of automotive manufacturing has tradition in Detroit, maybe Indiana, Ohio, and maybe up into the Toronto area.
7:14
That's really shifted because the automobile really is now a computer on wheels.
7:20
And just in the way you have an iPhone now, you don't use it that much for a phone.
7:25
I mean, you can make calls off it, but that's probably... 10% of what you do on it, and the other 90% is all tied into the software bundle.
7:32
That's what's going on with cars.

10 MINS LATER

17:56
And then they can be sent off somewhere else for cheaper labor models or robotic labor models with Have you seen many spaces that have just been fully automated? You've got a fully leased building, fully automated, not many cars in the parking lot, or is it still, you need people?
15:50
But some of these more advanced manufacturing buildings, whether they're making batteries or, or, or any number of different components, electrical components, what do you find that these buildings look like? Are they built to suit? Are, are they built to tailor directly to their, what they need? Or are these companies finding existing industrial buildings and retrofitting them and making them do with what they need? And I g- guess what I'm ultimately trying to drive at is what do these buildings look like for this advanced manufacturing sector?
16:19
Sure.
16:20
Uh, great, great question, Chad.
16:22
First of all, n-on the build to suit, no.
16:26
None, none of these people are looking at build to suit buildings.
16:29
Um, epicenter for the advanced manufacturing boom in the Bay Area is Fremont.
16:34
And Fremont, maybe most people that aren't familiar with the Bay Area might not be that familiar with it, but it is the fourth largest city, uh, in the Bay Area be-behind, you know, uh, San Jose, San Francisco and Oakland.

11 MINS LATER

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