Warehouse space is the little known part of commercial real estate. Investors in the industry and the media tend to focus on the trends for leasing of retail and office properties, but industrial space, including warehouses, is also an important part of the commercial real estate landscape. In fact, as more and more consumers make their purchases online, it should come as no surprise that warehouse space is in even higher demand than retail space in many areas of the country.
The warehousing and distribution industries are an increasingly popular investment. From smaller warehouse storage options in smaller communities to larger spaces outside of large metropolitan areas, commercial warehousing is an investment that requires careful attention to the latest trends in both pricing and projected needs. Being able to predict the growth i
When it comes to leasing retail space, a lot of factors and consideration goes into it, especially for commercial leases. It is one of the most difficult decision you’ll have to make when starting a business or relocating to a new location. To find a retail space, you first have to understand how you are going to use it. Your business demands are what will define the amount of space you’ll need. Then you can go ahead to set a price range you can afford and start shopping for properties within your budget. However, before settling for retail space, make sure you’ve gone through the lease terms to find out if they are negotiable.
Factors that may affect your leasing retail costs
- the Location