With the explosive growth of the e-commerce business, there will be an increased need to lease industrial real estate. Though these business ventures will need warehouse properties, there is another side to the industrial property market that also needs attention.
Important Trends Warehouse distribution industrial properties comprise over 50% of the industrial market. Some locations are considered bulk warehouses, Big Box structures, and office warehouses. Each building a specific use relative to operations, but the ceiling height, general design, and loading capabilities are typically similar. However, as e-commerce takes over the bulk of warehousing needs, spaces will need to accommodate the inventory storage for both new and returned products. Property hunters will want bigger spaces, something that will come at a premium. While there will be a slow-down in overall property purchases, those searching for a property will have greater expectations on design and amenities. Flex industrial properties are locations often favored by start-ups, research, development or tech companies because of the versatility of the space. Before you lease industrial real estate, you need to check the existing infrastructure for energy efficiency setup. More smart features are being installed to help curb operating costs, something that could make a huge difference in your profit margins. Always check out the details of the property lease before signing a contract. Industrial real estate can come at a premium, so leasing the space best suited for your company can help save you money.
0 Comments
|
AuthorHello, my name is Roger Dennison and I'm a successful commercial real estate broker, with more than 20 years in the field. Archives
January 2023
Categories
All
|