How to Lease Warehouse Space?

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 1, 2011 -- It's not always as simple to lease a warehouse space as just deciding that you want to and then completing the lease. In fact, leasing warehouse or industrial space can be a daunting task.

There are, however, some guidelines that you can follow in order to successfully lease the warehouse space you want at the price that fits within your company's budget.

The first thing you want to do is to enlist the services of a qualified industrial broker in your area. A commercial real estate broker will know the market area and will also have a thorough comprehension of what is available that would suit your needs and what price warehouses that meet your specs should be leasing at.

You will find that locating suitable warehouse space for lease or sale is extremely time consuming. It is even time consuming for the professional commercial broker that will be doing the work for you. Allow a qualified real estate broker to do the work well in order to save time for you to run your business efficiently.

It is important when you are looking to rent a warehouse space that you start early before the date you are actually ready to schedule move in. A good rule of thumb is to begin your search for commercial real estate approximately 90 days from the date you need to occupy.

The exception to this 90 day rule of thumb will be if you require specialty space that may actually need to be built to spec for you. In the case that you require this custom warehouse space for your business, you will find that you may need up to 12 months for the completion of the process in order to schedule the move-in date for your company.

It really helps when you have an idea of your facility needs and it also makes a huge difference when you know what the market has to offer. This will help you to make the educated decisions on when to start your property tours. An exceptional commercial real estate professional will assist you in developing this understanding, providing you with the information you need to proceed forward in making your informed decision when leasing a warehouse space.

Take the time to understand your needs in detail. It is in your best interest if you have a firm understanding of your specific warehouse and office needs prior to requesting that a commercial real estate broker conducts a survey of the warehouses for lease, which are available in the general locations which would ensure your optimum operational standards are met.

Consider the following detailed requirements below:

• Electrical needs on property
• Yard area/ Parking area at prospective commercial property

• Cranes (tonnage & hook height)
• Rail Access (type of vehicles and quantity needed to spot)
• Total warehouse property area in square feet (SF)
• Office Space SF
• Loading Capabilities (dock high, grade level, or semi-dock)
• Clear height in the interior space of the warehouse
• Fire protection in WH via fire suppression system

Once you and the warehouse space broker you have chosen to work with thoroughly understand your requirements, the broker can provide a summary of available space for you to tour. Once you locate the option you feel is best suited to your business needs, you can discuss with your broker an offer based on lease term, price and landlord improvements. Your broker will submit the offer and once approved you will get formal lease documents to review.

Protect your interests by using a real estate attorney. Save yourself potential serious pitfalls with your lease and have a good real estate attorney review you lease. Once you negotiate your lease, you are on your way to renting or purchasing a new facility to increase your operational capabilities. Leasing warehouse space is not rocket science, but it helps to use experienced brokers of commercial real estate for your warehouse lease or warehouse purchase, as well as real estate attorneys to make the process much easier.

To receive exceptional service when leasing a warehouse, please call (800) 814-4214 today! Warehousefinder.net is your best source for finding the warehouse space you need.

commercial real estate     find a warehouse     lease a warehouse     Real Estate Attorney     real estate broker     warehouse leasing     warehouse property     Warehouse Sales