Conrad Sarreal on LinkedIn: My guess is that the average commute time per workday is 1 hour. What is… (2024)

Conrad Sarreal

Vice President & Associate Director & Mentor

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My guess is that the average commute time per workday is 1 hour. What is the average length of books on audible? 10 hours.5 work days/week x 52 weeks = 260 days260 days x 1 hour = 260 hoursThat means that if you listen to books only during your commute on workdays you could get through 26 BOOKS PER YEAR. That doesn’t include listening at night or on airplane rides. So rather than listening to “I Had Som Help” my Morgan Wallen for the 100th time, chew on that…that is a jam though.

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  • Conrad Sarreal

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    I’m working my tail off and being cautious with big expenses in this market, but realizing that this trip was necessary.COVID and births have kept my wife and me from joining her family’s reunion in Michigan every June. This year, I couldn’t justify putting it off again.I initially planned the trip for her, but soon realized we all needed it. The girls have never been so immersed in nature, living as we do in an urban jungle. Seeing how much they love being out on the lake has been a proud dad moment.It hasn’t been all smooth sailing. Putting the girls to sleep in the same room with the sun still up and chaotic nap schedules has been challenging. But it’s a small price to pay for the fun and serenity (and endless darts, cornhole, and pool tournaments) we’ve enjoyed here.I’m on track to have the best year of my career, and this trip has been like getting the Starman halfway through the race in Mario Kart. Fired up to end the year strong!!

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  • Conrad Sarreal

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    Achieving goals in this business is much more attainable with the right people around you, including colleagues, teammates, and especially clients. When you find individuals who align with your strategy, values, and philosophies, double down on those relationships. These connections often prove to be the most fruitful, extending far beyond a simple transaction.

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  • Conrad Sarreal

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    I slowed down travel during COVID and birth of two kiddos over last few years but ramping it back up again, and it’s awesome. Flying to Denver rn then:- Meetings all day - Visit my guy Spencer Tyoran in our Denver office- Dinner with little brother- BOV presentation early AM tomorrow - Golf with a real estate bo$$Then back home to my girls tomorrow afternoon. Efficient 36-hours baby. S/o to my wife for holding down the fort with 2 highly active daughters under 3 ❤️

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  • Conrad Sarreal

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    🚀 🚀 JUST CLOSED 🚀 🚀This year, we had one of the smoothest deals involving a property, seller, buyer, and lender, all based in Minnesota. We represented the seller, and Ryan F. did an excellent job building rapport with the buyer. His efforts ensured that any hurdles were swiftly and effectively handled.Currently, I'm focusing more on multi-tenant retail properties in California and Texas. And naturally, my team of STNL agents across the country has started welcoming multi-tenant retail opportunities they come across during their regular prospecting.If you'd like more information about this sale, feel free to reach out!

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  • Conrad Sarreal

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    Baby boomers are a one-of-a-kind generation. I often have the most enlightening conversations with them, and they share phrases, jokes, and sound bites that deserve to be spread more widely.Here's one I heard recently:An optimist sees the half-filled glass of water as half full,A pessimist sees it as half empty,But a realist tosses out the water, throws in some ice and a shot of whisky and says 'cheers'😂

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  • Conrad Sarreal

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    We all come to ICSC for the meetings, but I especially look forward to who you're going to connect with on the airplane, in the bathroom line, at the bar, the restaurant, etc. Those have coincidentally been very fortuitous run-ins.I had the best conversation with a national shopping center developer on the flight from LA to Vegas. He's been in commercial real estate much longer than I have, so I had the privilege of learning about his past and current deals, strategies, what he finds most helpful in brokerage companies, and even about his family.Great way to start the conference imo. Looking forward to seeing everyone who will be attending our poker event today!

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  • Conrad Sarreal

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    🚀🚀 JUST CLOSED 🚀🚀Not the easiest one to get across the finish line but roped in one of my hardest working partners, Joe Polak, given his presence in the Midwest, and together we got it done. We received several offers, but none met our target price. However, through some good old-fashioned strategic calling, we found a regional buyer who needed to complete a small part of a larger 1031 exchange.💰 Lowest cap rate for a NN AutoZone YTD🤝 Closed with first buyer who went under contract🗺 Navigated through a costly deferred maintenance hurdle Please reach out with any questions on this deal or the automotive market.

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  • Conrad Sarreal

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    🚀 🚀 JUST CLOSED! 🚀 🚀 I'm looking forward to more of these posts that include Spencer Tyoran. Our recent transaction was seamless, attracting immediate interest due to its prime position in a desirable Denver submarket and a robust history of high sales volumes. What stood out most was the cap rate—approximately 100 basis points more aggressive than another Big O Tires sold recently in the same region, despite this one being a single-unit operator with a personal guarantee. 📈 Better-than-market sale cap rate☝ Closed with the first and only buyer to enter escrow🕰 Generated multiple offers within the first couple of weeks of marketingFor more details, feel free to contact either of us. Stay tuned for more opportunities, especially in Colorado!

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Conrad Sarreal on LinkedIn: My guess is that the average commute time per workday is 1 hour. 

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