A Checklist For Industrial Leasing Of Real Estate

By Lena Stephenson


If you are looking for premises for your industrial business, strategize on your real estate plans. Specifics about the building are important compared to other business spaces. In order for you to get the right space to run your business from, there are certain basic factors to have in mind as you plan for industrial leasing.

Your workforce should not determine how convenient the location is. The significance must be determined by how to move products in and out. Supposing your business process requires collecting goods from a port, kitting them and shipping of via air. An ideal location would be somewhere between a port and an airport. Should you need rail shipping your products, locating your premises on a rail spur is the best option. This means saving on costs that would have been incurred moving your inventory to rail terminals.

Parking lots are a major concern for any business. However, it has special significance for industrial properties. The actual physical space that constitutes the parking lot is vital especially where trucks and their trailers need to maneuver when entering, leaving and getting loaded. There are also few industrial premises parking lots that are large enough handle the exceptionally high workforce businesses like call centers have.

Once your drivers have their needs catered for, your next step where your strategy is concerned is the actual building envelope. The suitability of the spacing for your business has to be covered here. Supposing you require six foot spaced racks and nine foot aisles for your forklifts? The most ideal spacing for your column spacing would be thirty two feet. Using more than thirty six feet would be waste.

The ceiling height is also crucial when determining how valuable space is. More height means more capacity but this is to that extent that be used. The shape of the premises is important too where efficiency is concerned. Where a lot of loading and unloading is concerned but the doors are on the narrow end of rectangular space, there ought to be excessive amounts of time taken for trips within the warehouse.

When the owner has finished identifying their ideal space, next steps within the strategy are common to any other business premises. It covers looking for other similar properties around the city of Boca Raton in Florida. These will then be used when comparing terms as negotiations take place. This kind of survey also updates business owners about the currently existing norms within the leasing market where rents and terms are concerned.

With the knowledge that you have chosen your ideal business premises, proceed with negotiations with your landlord. Base your negotiations on the real estate strategies you identified. As you are well aware, the modern economy is changing quite fast. In this regard, take a shorter lease rather than a long one. With this, you could make an easy exit when your firm strategy changes. You could save on the costs of doing so substantially.

It is important for your firm that you seek the requisite professionals in the industry. That way, you avoid the legal and professional pitfalls that arise. These are the basics involved when you engage in industrial space leasing. Conclude the process with a biding lease contract with your landlord.




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