Scott Furness: Building Industrial Real Estate in Southern California

In this episode of SF Commercial Property Conversations with Bruce Bean, Bruce sits down with Scott Furness of 7th Street Development to explore the fast-moving industrial market in Los Angeles and Orange County. From aerospace-driven demand to speculative development strategies, Scott shares what it really takes to build and lease industrial projects in today’s environment.

Scott walks through his career journey across residential, office, retail, and industrial real estate—bringing a well-rounded perspective to his current role managing and developing industrial properties. He also gives a behind-the-scenes look at a 70,000 square foot speculative industrial project currently under construction in West Orange County.

The conversation dives into how developers make key decisions without a committed tenant, including building design, power capacity, and flexibility for multiple use types. Scott also explains why aerospace and defense companies are dominating demand right now—and how that trend is shaping the future of the market.

You’ll also hear insights on leasing strategies, working with brokers, and how different submarkets across Southern California are performing today.

-------------------------------------------------------------------------------------------------------- We’re excited to feature your voice in the conversation about building wealth and legacies through commercial real estate. Join us to share your journey and insights with our growing audience! Learn more and apply at https://sfcommercialconversations.com/guest