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library_books How to Lease or Rent a Small WarehouseArticle SynopsisInformational Tags for this ArticleLocation Tags for this Article
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library_books Houston Commercial Real Estate's Rising Property Taxes: Is Harris County Appraisal District PuttingArticle Synopsis
The overall tone in the Houston commercial real estate market is an optimistic one. Experts are speculating a continued turn-around for this year and beyond. One would assume this is good news for Houstonians - not necessarily. It seems property owners are not the only ones paying attention to real estates “sunny forecast.”
In a preemptive attempt to balance the market values with the appropriate taxes, the Appraisal Districts have begun to increase commercial real estate property taxes. According to Harris County Chief Appraiser, Jim Robinson, “the values of commercial and industrial real properties and apartment properties are all beginning to show strong signs of economic recovery. These three categories of property are expected to increase between 6-11%.”
Out of 600 commercial real estate properties included in a recent study, it was found there are significant appraisal value increase, across the board:
- Retail - The average increase was 18.4%, with the highest increases in A&B-class properties. The largest increase found was as much as 84% year-over-year
- Multifamily - Average increase - 17.8%. The hardest hit were the B & C-class properties, with as much as a 129% and 184% value increases over last year
- Office - office properties are experiencing increases of 23.5% on average, with highest value increases occurring in B-class properties and some reaching as much 85% and 98.9% higher than the 2011 tax value
In every realm, decision making without a thorough understanding of all factors is never a good thing. Unfortunately for Houston property owners, that seems to be precisely what the Harris County Appraisal District is doing.
So what can you do? Fight your taxes! A professional tax consultant can help you help the Appraisal District to see that through their efforts to “balance” the market, they are actually tipping the tax scale.
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library_books ATCO Business Park - New Construction - Office/Warehouses13701 FM 529 - For Sale or LeaseArticle Synopsis
Freestanding Flex-Service Office/Warehouse Buildings - 6,000 SF to 12,000 SF Shell Complete
Call for Reduced Pricing Information
Centermark Commercial Real Estate has been retained to market the newly developed ATCO Business Park in Northwest Houston. We have two buildings shell complete, 6,000 SF and 12,000 SF.
The project will ultimately consist of fifteen (15) freestanding buildings for sale or lease in Northwest Houston. While geared towards light industrial and service uses, the buildings can accommodate 100% office finishes as well.
ATCO Business Park has been designed to offer a more contemporary feel and look to its product. These are not ordinary metal buildings. The developer’s goal was to provide attractive structures without compromising function. Each office/warehouse provides dedicated storage yard area, ample area for dock wells and 480 volt, 3 phase electrical service. These clear span buildings are fully insulated. Crane capable warehouses will also be offered over 10,000 SF.
Located in Northwest Houston on FM 529 and outside the city limits, this industrial park is in the high demand NW quadrant. Because we are outside the city, the tax rates are low at $2.34 per $100 of value. ATCO BP is a great compliment to the nearby Northwoods Industrial Park which caters to larger crane served tenants. Quality freestanding buildings for sale or lease under 20,000 SF are rare in Houston and ATCO BP is eager to meet the demand.
Looking for Warehouse, Office or other space in Houston or elsewhere? Needing to renew your lease?
Contact the WarehouseFinder.NET Broker Affiliate Network below.
Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.
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library_books Commercial Warehouse for Lease - Property CategoriesArticle Synopsis
“Commercial warehouse” as a label is broadly used to describe a number of types of commercial space typically offered for lease or rent. For purposes of this article, we will use Five (5) main categories.
General Office/Warehouse
Typically grade level, this type of building is suited to businesses that provide a product and need to receive materials/items and ship out materials/items which may be at grade level or at dock high. The dock-high loading requirement with smaller freestanding buildings is usually facilitated thru use of in ground dock truck wells where the truck backs down a ramp to adjust for the height of the shipping container.
Bulk Distribution
Used for the distribution of palletized products in large volume, these buildings have true 4’ dock high loading with multiple doors, high clear height and fire protection systems.
Heavy Manufacturing
With grade level overhead doors and ample outside storage yard, these buildings often have large overhead cranes, heavy power and high clear heights.
Flex office/warehouse (aka Service Center Space)
Heavy office ratio and air-conditioned and heated areas used for tech or assembly are common with Flex space. High parking ratios and generally higher end business park settings are also popular with this type.
Truck Terminal w/Cross Dock
Used to transfer goods quickly from container to container, these buildings are usually very shallow and long to allow for a very high number of offloading spaces and overhead doors. Additionally, an abundance of trailer storage area and staging yard is normally required.
These are some of the main categories of buildings in Commercial Warehouses which are found for Lease.
For a more recent article with an updated list, go here.
For help finding a qualified industrial broker in your area and the perfect warehouse for your business call WarehouseFinder.net at 800.814.4214
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library_books Free Rent! Warehouse for Lease! Really? - Let Me Explain...Article Synopsis
“So we need to lease a warehouse - how much free rent can you get us?” That is a common question I get from my clients. It generally does not matter if they are local or global, $100k/year or $100mm/year, everyone wants to feel they got the upper-hand or a good “deal.” But what does “free rent” really mean?
Free rent is, in most circumstances, a period of time where the tenant pays no rent or partial rent during the lease. This period is usually front loaded on the lease term. This is a great marketing ploy for landlords and is generally a win for the tenant too. It is pushed as a savings in rent to offset move-in and set-up costs incurred by the tenant. Free rent is also called “Rental Abatement” - which is, as a description, generally more palatable to Landlords. Owners hate to give away money. At the end of the day, owners want to lease their properties up and if they can lease it now, give a few months of free rent and eliminate the risk of additional months of vacancy, then it ends up being a wash for the owner.
Let me explain the tricks around Free Rent. Typically, free rent is never free. Rental abatement is recouped later in the lease. While time value of money may be gained, the Landlord will generally pad his proposal to account for any opportunity costs. As an example, if you as the tenant want to rent 10,000 SF for 60 months and the Landlord gives you 3 months free rent, he will typically add the months to the term of the lease - so 63 months. Now the Landlord will want rental increases in later years and will start those “bumps” in month 13 of the lease. Now the added three months will be at the highest rate in the term, thereby increasing the average rate over the lease.Free rent up front is a plus for the tenant, provided the tenant does not have to pay more in rate over the term in order to get the free rent.
Looking for Warehouse, Office or other space in Houston or elsewhere? Needing to renew your lease?
Contact the WarehouseFinder.NET Broker Affiliate Network below.
Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.
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library_books How to Use a Grade Level Facility for Dock-High LoadingArticle Synopsis
This article attempts to answer the question “Can I achieve dock-high loading/unloading using a grade-level building?” The fundamental problem addressed by warehouse loading areas - or docks in this article - is how facility team members get materials from the shipping surface of trucks, trains, etc., onto the facility floor for further handling…
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library_books Commercial Buildings for sale - A shrinking market? How is that?Article Synopsis
Construction of commercial buildings has decreased approximately 28% across the board for industrial, retail and office properties (as reported by Costar,Inc.). This is especially true for speculative warehouse and office buildings for sale by a developer. For the business owner looking to buy a warehouse building or office for his/her operations, this decrease may drive up pricing on existing buildings and reduce availability. I have clients tell me quite often that in this economy there must be a glut of buildings for sale. While that may be accurate in areas of the country with higher than average unemployment and/or a shrinking population, it is quite the opposite in booming cities like Houston, Austin, Dallas, Atlanta, Provo and Phoenix.
While a shortage of funds from lenders for speculative development is a nationwide issue, availability of buildings for sale fluctuates dramatically from city to city. Lender rules for loan approval do not take into account the feasibility of project based on an individual city’s needs and inventory. A bad economy by default forces a migration of people to other, more prosperous areas of the country looking for jobs. This drives up demand in those areas and changes the commercial real estate picture. Tie this surge in demand to a national policy of restrictive lending and you have a shortage of quality buildings for sale.
So, the volume of buildings for sale becomes a relative term and may not correspond to the nationwide economy, especially in a city like Houston, Texas.
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library_books Typical Selection Criteria - Warehouse for Lease, Rent or SaleArticle Synopsis
If you are considering renting, leasing or purchasing a warehouse facility and would like to get off to the best start possible, I advise taking ample time to define your needs in a facility. Here are some specific criteria to consider…
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library_books Industrial Warehouse Property with Excess Land or Yard and High Ceilings in Short SupplyArticle Synopsis
Houston is seeing a surge in leasing and sales of quality industrial freestanding properties with excess yard or land. We have seen an increased demand for buildings with fenced and surfaced yard area to facilitate heavy equipment and tractor trailer storage. Slowly those warehouse properties have been leased or sold and most of the existing product is burdened with some incurable physical obsolescence (i.e. low ceilings in the warehouse, limited yard area and/or truck courts).
Also, numerous requirements for 28’ + clear warehouses have been floating around with no existing buildings around to fill the need. If you require a freestanding building with extra land AND high clear heights…Good luck, get ready to build new.
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library_books 4800 Fidelity - Warehouse for LeaseArticle Synopsis
Leased! Centermark Commercial Real Estate is marketing 54,000 SF of industrial warehouse for lease at 4800 Fidelity, Jacinto City, Texas. The property is located just outside the East 610 Loop off Market Street on Fidelity. With over 22 acres of land this industrial park can accommodate almost any storage yard requirements. Other amenities include:
- 54,000 SF total space with approximately 400 SF of office
- 3.5 acres total
- 2.5 acres of stabilized yard area with more land available
- Clear span buildings (no interior columns)
- 18’ to 40’ clear heights
- Heavy power available
- Close proximity to the Port of Houston
- Offices built to suit
- Located outside the City of Houston in Jacinto City limits
- Zoned heavy industrial
4800 Fidelity - South end of 54,000 SF and its yard area
4800 Fidelity - 6 acres for build to suit warehouse or storage yard for lease
View of inside of warehouse facing North
Looking for Warehouse, Office or other space in Houston or elsewhere? Needing to renew your lease?
Contact the WarehouseFinder.NET Broker Affiliate Network below.
Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.
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library_books Full-Service Lease: Understanding Types of Commercial Leases - Part 3Article Synopsis
A Full-Service Lease, typically applicable to multi-tenant office buildings, offers one monthly rate that encompasses all costs associated with the property, such as electricity, janitorial services, management, property taxes, and property insurance. This lease type allows the landlord to pass along any increases in expenses to the tenants each year.
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library_books Understanding Triple Net (NNN) Leases in Commercial Real EstateArticle Synopsis
A Triple Net (NNN) lease is a popular type of commercial real estate lease agreement where the tenant is responsible for paying the base rental amount each month to the landlord. In addition to the base rent, the tenant also reimburses the landlord monthly for their pro-rata share of certain estimated…
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library_books Understanding Industrial Gross Leases: Responsibilities and ExpensesArticle Synopsis
The industrial gross lease is common in multi-tenant industrial properties. In an industrial gross lease, the tenant is responsible for some, but not all, of the operating expenses of the property…
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library_books Dock-High Loading Explained: Definitions, Standard Heights, and Warehouse Best PracticesArticle Synopsis
Unlock the essentials of dock-high loading—from standard heights to truck compatibility—and discover how it enhances warehouse efficiency..
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library_books Bridge Crane - Picture with DefinitionArticle Synopsis
A Bridge Crane is a lifting system comprising two sets of rails built near a warehouse’s ceiling and a bridge or steel truss spanning these rails. Cranes are used to lift, move, and place heavy items quickly and accurately.
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library_books WarehouseFinder.Net launches new site!Article Synopsis
Welcome to our new version of the WarehouseFinder website. Created in 2008 by a seasoned Commercial Real Estate broker, WarehouseFinder.NET aims to streamline your search for industrial and/or office space and eliminate time spent with inexperienced agents…or worse, an unlicensed phone operator/assistant.
When looking for warehouse space for rent, lease or for purchase, sifting through all the websites and talking to numerous brokers is extremely time consuming and ineffective. Use us instead. Why?…
Our service is free - commissions are paid by the property owner, not you.
Your time is valuable - let us search, sift, organize and prepare results while you run your business.
One broker representing your interests is best - Calling multiple brokers and having them all look will lessen their dedication to you. Why would they work hard for you if another broker is doing the same work?
Again welcome to our new, redesigned site and we look forward to helping you in your search for warehouse, office or industrial property.
Looking for Warehouse or Office space in Houston?
Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.
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library_books Covered Exterior Elevated DockArticle Synopsis
A covered exterior elevated dock is a concrete structure that facilitates loading and unloading of containers at or near the 48” level without obstructing warehouse access. This type of dock is implemented for various reasons, including the need for more loading and unloading slots for trucks or adding dock-high capability to a site.
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library_books Why Use a Commercial Real Estate BrokerageArticle Synopsis
Market Knowledge
As seasoned commercial real estate brokers, we have a firm grasp on our market. We know which buildings are available, understand restrictions, zoning, are aware of proposed developments and are up to date on comparable sales or rents.
Experienced Negotiators
With 100’s of transactions negotiated, we are experts at closing a deal. Our specialty is “thinking outside the box” to get deals done that may be difficult.Contracts/Document Understanding
Having vast experience with commercial earnest money and lease contracts helps prevent many legal hurdles that arise when the client’s attorney gets the documentation. Also, we make suggestions and point out red flags to legal counsel to avoid problems for our clients.Financing
Seller notes, bridge loans, mezz loans, conventional, SBA, Seller seconds…we have seen it all and have relationships with lenders which have money to lend at competitive rates. Most of all they are familiar with the Houston Market.
Understanding Construction
Not all commercial real estate brokers understand different types of commercial construction and the advantages/disadvantages of each as well as related reproduction costs. Since we also do development, we have seen what goes into a new building.
Loyalty
Above all, we are here to look out for your interests. As many of our clients will attest, if we feel the deal is not right for you, we will tell you. Our success comes from repeat business and referrals. Unhappy clients do not make for long term success.
Let our experience, knowledge and loyalty work for you.
Looking for Warehouse or Office space in Houston?
Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.
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library_books WarehouseFinder.Net Assists Businesses in Selecting Suitable Warehouse Space For Sale or LeaseArticle Synopsis
Houston, Texas (Marketwire) - November 29, 2010 - Real estate transactions are never simple, but WarehouseFinder.Net takes the headache out of finding the right warehouse space by connecting you with qualified commercial industrial brokers in your city. The search begins by logging onto www.warehousefinder.net. Enter company requirements, including square footage, location and price. The Warehousefinder.NET experts do the rest.
The team of experienced commercial real estate brokers have extensive local experience to quickly identify the best resources throughout the United States. The process includes analyzing square footage and facility requirements including warehouse ceiling heights, fire suppression, electrical power, loading, yard storage, port and rail access. Once the best warehouse space has been located, WarehouseFinder.Net will help each client wade through the technicalities of warehouse leasing or purchasing including negotiating contract terms, assisting with due diligence items including evaluating financing options and the coordination of inspection, survey, appraisal and other applicable studies.
WarehouseFinder.Net was founded by Eric Hughes, commercial real estate broker with over 19 years in the industrial and office brokerage industry. Eric’s extensive experience includes negotiating warehouse lease and purchase contracts. He has assisted the full range of companies in finding warehouse space.
WarehouseFinder.NET’s commission is paid by the property owner. Our service is FREE to our clients.
“Our goal at Warehousefinder.net is to understand the operations of our clients so we can better identify the needs of each business. We then negotiate the best price possible for their specific warehouse space requirements,” said Hughes. “Our team has substantial “on the ground” experience with the industrial and office market. We have the experience to manage the details of determining client needs, locating viable alternatives, negotiating leases/purchase contracts and seeing the transaction through to closing. We utilize Costar, Loopnet and other professional fee-based web databases; however without years of personal experience in a market, this information would be useless.”
WarehouseFinder.Net works with company owners and facility managers in securing local and regional warehouse properties both in lease and purchase scenarios, handling all forms of industrial properties including heavy crane served manufacturing facilities, dock high distribution buildings, rail served and light manufacturing/service type warehouses.
About WarehouseFinder.Net
WarehouseFinder.Net is a commercial real estate portal established to search and find the right warehouses for lease or sale with active industrial broker/agent supervision. WarehouseFinder.Net affiliates across the United States include, but are not limited to Houston, Austin, Dallas, San Antonio, Chicago, Detroit, Baton Rouge, Los Angeles, Denver and Phoenix. The experienced brokers know their respective industrial warehouse and office market and work for each client to ensure suitable warehouse or office space is located and secured at the lowest price possible.Looking for Warehouse, Office or other space in Houston or elsewhere? Needing to renew your lease?
Contact the WarehouseFinder.NET Broker Affiliate Network below.
Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.
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library_books Where does WarehouseFinder.NET get such quality and thorough RESULTS?Article Synopsis
WarehouseFinder.NET provides tailored RESULTS to its clients through affiliate brokers in cities across the U.S. The ultimate fine-tuned list of available warehouse or office property is derived from (4) four primary sources.
1. Our licensed broker/agent affiliate sends a broker email to all the commercial brokers/agents in your city with your specific office/warehouse requirements. This is crucial in catching properties which may be “flying under the radar” and not listed online or in the primary databases.
2. Searches of proprietary broker databases which are developed over time with each individual broker in your city.
3. Searches of Costar, LoopNet and many other city specific sites of which our affiliates are premium members. (These monthly fees are substantial and you get the benefit for FREE!)
4. Broker’s personal knowledge of his or her market. Years of “beating the streets” brings invaluable experience and understanding of a city’s industrial warehouse and/or office market. This is probably the most important piece of our research.
Looking for Warehouse, Office or other space in Houston or elsewhere? Needing to renew your lease?
Contact the WarehouseFinder.NET Broker Affiliate Network below.
Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.
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Want more information about something on this page? Need industrial, office or warehouse space? Use our Free Property Search form to provide your information to let our Broker Affiliate Network know about your needs including help assessing an existing lease. You may also call us at (800) 814 - 4214 to begin the discussion.
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