(* Disclaimer: Okay, okay - Real Estate does tend to throw a few knucklers, but we'll get you through them.)
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You search online for Warehouse for Lease or Warehouse for Sale, and all you see are public listing services. Should you use them? In this article, we’ll address the pro’s and con’s of doing so…
According to the Federal Emergency Management Agency, approximately 40% of businesses don’t reopen after closing due to floods, hurricanes, tornados, and other natural calamities. This shows the extent of the impact that deadly forces of nature, such as earthquakes and hurricanes, have on businesses…
Forklifts are one of the most versatile pieces of equipment in a warehouse, distribution center, or manufacturing facility. They can be used for picking up pallets and crates to move them around the building. But forklifts also have other…
Why can’t this landlord just divide up the space in this warehouse to lease me exactly the amount and type of space I need? I know - it seems like a simple thing to do. And sometimes, it can be fairly simple. BUT, there are complications. This article is intended to discuss a fair subset of the issues complicating the divisibility of warehouses with various resources to share - or not to share.
In a ‘perfect world,’ one would be able to back a trailer up to a 4’ dock-high dock, or a 2’ semi-dock, open the doors and start loading or unloading. Of course, we don’t live in a perfect world (with or without quotes), so you may need a dock-leveler…
In Commercial Real Estate leases, Common Area Maintenance, or CAM, refers to activities related to areas and items shared between tenants in a multi-tenant building or complex…
In Commercial Real Estate Leases, an Expense Cap typically refers to expenses that are passed along from the landlord to the tenant for Common Area Maintenance of a building…
In Commercial Real Estate, a Modified Industrial Lease involves modifications to the Industrial Gross Lease. The modifications can vary, but the tenant often pays for certain items contributing to a Multi-Tenant building’s Common Area Maintenance…
In Commercial Real Estate, there tends to be confusion regarding the difference between a Gross and a Net Lease - and variations of each…
A side load dock well allows for dock-high loading access to containers in a truck court with very limited depth and is feasible to add to an existing grade-level building…
Paved or stabilized yards have many uses. They can be used to store inventory - i.e. pipe and other items that can withstand the elements - as shown in the attached photo. They can even be used to display inventory, as in the case of processed stone used for countertops. They can also serve as a place to park trucks and trailers - empty and loaded. With proper security, gating and fencing, they can be a reasonably secure place for these and many other items.
So, why not just buy some land and place these items onto it? The purpose of land stabilization is to prevent heavy materials stored on or moving across that land from sinking into the ground. Roads are a primary form of stabilization. Vehicle tire contact points concentrate the vehicle’s weight and represent an excellent example of the need for and the challenges of stabilization. A broad range of situations drives the need for stabilization. In this article, we’ll discuss:
For the record, we are not discussing stabilizing your back yard here. We are discussing industrial grade stabilization - probably an acre or much more.
General warehousing does not typically require electrical service beyond that needed to operate an office area with HVAC and general warehouse lighting and light-duty electrical plugs…
Having access to rail siding (doors on rail cars are generally on the side - hence “rail siding” - see photo), which is actually serviced (meaning a rail provider will use the track…
Warehouse operations often involve high ceilings under which to conduct various types of business. Clear height is defined as the maximum height of objects a building can accommodate. Buildings sometimes have different areas that have different clear heights…
The intent of this web site is in part to provide general guidance for you while you search for your reason to, and devise your process for selecting the broker you will work with. The industry is structured such that you are nearly forced to rely on brokerage services…
The very first and most important thing you must know about leasing or purchasing warehouse or other industrial space is whether or not you can avoid the process altogether! There are many avoidance strategies available…
Locating and acquiring the perfect tract of land to develop can be quite challenging. An experienced developer and its real estate broker can conduct initial due diligence to help avoid costly issues. However, more in-depth inspections and research are necessary before finalizing a purchase…
A dock well is commonly used to provide dock-high truck loading for a grade-level warehouse. This photo illustrates one of the major advantages for dock wells - the straightforward ability to have both dock-high loading/unloading and grade level entry to the building…
We expect you’ve arrived here looking for useful information about Industrial & Flex warehouse space. That’s our “thing” and we take it very seriously. We’ve been in operation since 2008…
The Texas (and other State’s) Real Estate Commission (TREC) exists to implement the state laws established around the practice of Real Estate. The state decided at some point - I used to know the date - that consumers need to be protected from fraud and ignorance in the most consequential transactions in which some folks will ever be involved. TREC has come a long way in simplifying what it thinks the consumer needs to know.
They require a lot of things, but some of the most important center around setting up a relationship with a Real Estate professional. They want you to know that until you have an agreed upon relationship with your Broker, you can not assume that they work for you because by statute, they do not. This doesn’t mean that they are allowed to lie to you - just that their duty is to provide their client with the best possible information, and that until you are their client, you need to assume their client is someone else.
They do a much better job of explaining it than I do with their Consumer Protection Notice, which talks about where to file a complaint, what recovery options are available to you as a consumer, and how to get more information. Add to that their Information About Brokerage Services document, which explains in detail the professionals you will be working with, the minimum duties of these professionals to their client, and more detail about the different ways a given Brokerage can represent you in your Real Estate transaction. This information is critical to you and to your understanding about who to trust and what to share. TREC requires all Real Estate professionals in Texas to provide this information to you BEFORE they conduct substantive discussions with you about your Real Estate needs.
There is a good deal of useful information on the TREC Web Site. You can investigate the licensing status of anyone you are considering using as your Real Estate professional, including complaints lodged against them. Most of it is aimed at the Real Estate professional, so you might well consider it pretty dry reading (not that a Real Estate professional doesn’t…).
Every state has rules set out for this situation. I haven’t reviewed the regulations of any other state in detail, but it is my understanding that all states regulate these transactions to some, and probably to a similar degree.
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