What to consider when assessing the lease of industrial buildings
Leasing industrial buildings is increasingly common, and industrial real estate demand is expected to grow by up to 15%1 in the second quarter of 2021. More and more companies are benefiting from leasing spaces to conduct their manufacturing or storage processes
It should be noted that industrial warehouses for lease are in even higher demand in places with large volumes of commercial trade, like near the United States border. However, the factors presented below must be considered to decide which industrial building is best for a company.
Five features of industrial buildings for lease
1. Strategic location
Regardless of the company’s activity, the space for its industrial operations must be strategically located near its distribution area and cities with its stores or customers.
Similarly, the leased space must be near urban areas connected by main roads or avenues, airports, railways and other routes, if operationally required. This will enable process optimization and distribution chain streamlining.
When assessing the industrial building to lease, the location must be accessible to a qualified workforce for your company. Ensure that collaborators live less than an hour away, there are appropriate transportation services, and necessary roads are available so that they can arrive on time.
2. Height and distance between columns
This point depends on each company’s type of operation. The spaces should be able to store and produce various types of products, but including your specifications in their design, might be required.
This plays an important role for logistics companies. The greater the height, the higher the storage capacity and, therefore, the better the warehouse use.
Thus, the greater the distance between the warehouse columns, the greater the flexibility to make efficient use of storage and production areas.
3. Consider the advantages of a Class A industrial warehouse
Although the budget of each company will define the warehouse-type, there are some advantages of Class A industrial warehouses, among which we can highlight:
- They are built based on international standards of quality, equipment and services.
- They include fire systems, water supply and electricity.
- They have amenities areas, a business center and sustainable practices.
It should be noted that industrial warehouses for lease must be built with quality materials. This allows them to support several tons per square meter for machinery and the continuous traffic of cargo vehicles.
4. Security
It is essential to choose an industrial park that ensures the security of the site since it will hold a large part of a company’s assets. The warehouse should be located inside an industrial complex or park which includes 24/7 security measures, a perimeter fence, video surveillance cameras and controlled access.
5. Flexibility and support
When assessing options for leasing industrial warehouses, the space must offer flexibility to modify and adapt according to each company’s activities.
In addition, it is key that you consider leasing through a reliable and properly incorporated company that offers the experience and support to understand your business needs and be aware of any situation that needs resolving.
At Advanced Real Estate, we provide solutions tailored to your company, including everything required for its growth and operation in strategically located areas and with a broad portfolio in the main industrial cities of Mexico.
Information source:
- t21.com.mx/logistica/…/demanda-inmobiliaria-industrial-crecera-entre-10-15-2t21
- centrourbano.com/2015/…/sector-industrial-se-concentra-en-13-ciudades
- thelogisticsworld.com/almacenes-e-inventarios/12-recomendaciones-que-debes-conocer-antes-de-rentar-una-nave-industrial
