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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)…
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…
Paved or Stabilized Yard has many uses. It can be used to store inventory - pipe and other items that can withstand the elements - as shown in the attached photo…
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 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, but you also shouldn’t delay just for the sake of delay since that isn’t always the correct strategy. There can be good reasons to wait, and good reasons to move forward. Let’s take a bit of time to cover some of those reasons in more detail.
There are many reasons why a business might feel the need to make a change. Some reason categories here include:
I’ll use these broad categories later to cover in a bit more detail information supporting a move.
Some factors argue against making a change. Some reason categories here include:
I’ll use these broad categories later to cover in a bit more detail information supporting staying in your current location.
Location affects many factors of your business. You could be attempting to position your business to improve your proximity to your existing or potential:
These are all specific to your company and are difficult to generalize, but can all be good reasons to make a change.
In this case, you have likely determined that your current space no longer matches your needs from a capacity perspective - either your business has grown beyond, or shrank below what your existing area will sustain. Either way, this can be a strong motivator to make a change.
Suitability can be the need for equipment that does not fit, is too heavy for, or required utilities not provided by your current building. You might need more loading docks, larger trucks, more maneuvering space, etc.
A common reason here is that your landlord has made one-too-many lease rate or capital improvement expense increases, and you believe you can do significantly better elsewhere.
Moving an existing business from one location to another is a significant expense - over and above your regular cost of doing business. A move will result in lease expenses from two buildings for a finite period. You can likely assume that you do not have resources not being utilized, so you must hire or contract temporary support to help you move. You will also be likely to need to spend to avoid business disruption (see below).
If you manufacture products, you will likely want to build an inventory buffer of these products before you move to avoid disrupting your customers. This type of disruption “insurance” can be difficult to implement depending upon the state of your manufacturing capacity, relationships to your customer, and your reasons for moving. Similar reasoning can apply regardless of the activities performed in your building.
As with any change, the relocation of your business will have an impact on your workforce. The implementation of disruption “insurance,” changes in their commute, or the requirement for employees to relocate are some examples.
Any change - e.g., moving from one building to another - creates risk for your customers. They have to be sure that the products you supply to them from location B are going to be equivalent to those you provided from location A. What if something goes wrong with your move and the disruption “insurance” you put in place is insufficient? What if your customer’s requirement for your product suddenly changes in the middle of your move, and you cannot meet that requirement?
If you have transitioned in your business from needing all grade-level to some dock-level loading, but your building has only grade-level access, then you should consider working with your landlord to add a dock-well on the property. Assuming you both believe you are a good tenant, there is a chance they will work with you if the property is suited. Adding a dock-well is one example of a property addition that can be a win-win between landlord and tenant.
One of the more common reasons for deciding to move involves some form of “output/square foot” calculation. This calculation probably indicates that you don’t have enough space to accommodate people, equipment, inventory, etc.. Hopefully, you made productivity and other assessments a large part of your decision process. There are many ways - apart from moving to a larger building - to address this issue. Some of these are:
There are other approaches to create more (or less) space. There are probably 10’s or 100’s of ways to describe these things based upon the terminology of the day.
We hope this has helped you think through your potential move. We’re not trying to say moving is a bad thing, but it can be expensive and disruptive. If you have been inspired and wish to explore this further, feel free to drop us a line with questions. Some consultants specialize in productivity improvement activities. Contacting a local university business management or operations engineering program can also sometimes bear fruit if you are willing the work with them. In any case, we wish you all the best of luck in your move - or not.
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, and have recently rolled out a brand new platform with a new look and feel. We’ll also be adding new and reconsistuting older content to make sure it is all the best available. Please browse the site, let us know if you have questions here. If you need a free property search in your area, please use this form.
Best of luck, and please let us know if we can help you!
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.
Overview
Many (most?) in the business world have no real need to understand the ins and outs of commercial real estate property types until they experience a need to expand or contract their business. My goal here is to take you briefly through my experience, converting my business experience into an understanding of the Industrial & Flex warehouse market.
Did you know that your relationship with your real estate broker is fairly similar to your relationship with your attorney? To be sure, there are significant differences - but there are also significant similarities. Of course, we all hope not to have (too) much of a relationship with an attorney - at least when it comes around to legal “troubles.” To judge by current trends in the technology industry, many of us feel the same way about real estate brokers. Is it better to be “cagey” about committing to a real estate broker, or is it better to take the plunge and commit to one?
Both attorneys AND real estate brokers (and their agents) are tightly regulated by the states (maybe al statesl, but I certainly it’s the case in Texas where I live and believe it applies broadly). They are both expected to be fiduciaries. Attorneys can take upon themselves broad fiduciary responsibilities as defined between themselves and their clients. A real estate broker is generally limited to fiduciary responsibilities in the area of real estate with an extended obligation to only engage in types of real estate in which they are knowledgable. An example would be an agent who has only handled residential suddenly representing themselves as experts of retail or office properties.
In most areas of your life, you can walk around and conduct business for yourself - buy a hot dog, rent a car, etc., etc. There may be rules those you deal with have to follow and prescribed rules around the transactions, but in most cases you have to look out for yourself - buyer beware and all that. In the real estate industry, buyer (and seller) beware applies as well, but the states I know about have decided that you will in most cases have a real estate professional helping to look out for your interests. Yes, you read that right - in most cases, it is strongly encouraged (not quite required) that a primary party to a real estate transaction employs the services of a real estate professional. If you’re wealthy, there are some ways around it that might save you money, but given the way most real estate regulations are structured, you should really be asking yourself why would I try to do it without a broker in my corner? The transaction fees required for their involvement are generally already built into most real estate transactions.
This would be a long list if I were to list them all - I’ll list a few from various sources including the Texas Administrative Code, the rules of the Texas Real Estate Commission (TREC), and other sources for your consideration. A licensee must:
This list could go on and on, and is highly specific to cases that have been encountered in any given state. If the above list isn’t enough, let me add a kicker that might push you over the edge. If you can prove the broker you hired isn’t what your real estate commission says he/she must be or doesn’t do the things your real estate commissions says he/she must do, that real estate commission has the teeth to enforce the rules they set out by force of law. In TEXAS, TREC maintains a fund collected from licensees to make certain that they can make settlements should they decide there were violations that warrant settlements.
In layman’s terms, find a qualified broker with good communication skills and work with them exclusively. They will put in the time and effort using their resources to find, or sell/lease the property you want. Let them do the work while you manage your business and personal life.
There are probably no real downsides to using the right “qualified” broker to represent you. However, we can touch upon why you want to be careful in your selection. The following is an attempt at a list - which I expect to improve and enhance over time:
When I was pursuing my license originally here in Texas, I was amazed to see the detail with which TREC describes their expectations for ethical behavior, and for the behaviors they expect in general. Not to brag (well, maybe), but it was not all that difficult for me since the bulk of it was how I strive to do business in any case. Evidently there must be people out there who need a lot of help, guidance, and at least a little enforcement - because the states decided that this industry, along with a few others, requires fairly tight regulation. Please seriously consider willingly letting a broker take you under his/her wing and help you through what tends to be a fairly complex business transaction - sooner rather than later!
See our short disclaimer.
Are you looking for Warehouse, Office or other space in Houston or elsewhere? Do you need to renew your lease?
Contact Warehouse Finder using our Get Started link above, call us at the phone number on this page in the upper right, or chat with us using our chat widget on the page in the lower right.
A good while ago - if interested, you can likely tell how long by the dates of some of the posts - I began this journey of creating a web site for commercial real estate seekers. I hoped to fill the site with as much useful information as I could manage. Four or five other web sites under my belt later and I’m back to reassess and push forward. Finally taking the time to finish off the links to nation-wide Real Estate Commissions (however they are named) seems like a great thing to talk about at least briefly - not to mention an excellent way to tell our users about some of the techniques for finding this type of information on our site.
The first thing to know - and if you are reading this you already know 1 way to find this article - it’s the FINDthisSPACE web site Articles and Links structure. Posts on our site are one of two things (so far) - 1) a BLOG Post like this one, and 2) a Link to useful information elsewhere on the web. In both cases, you can view the summary of all Posts, or Articles and Links on our Articles and Links page here. On this page, you’ll find all of them listed in chronological order with “sticky” articles we feel we need to prioritize at the top. If you just want to browse, this is probably where you want to be.
For those of you who want to find information faster, we’ve provided a few ways to narrow things down. We’ve provided:
At this point, all the Real Estate Commission Links/Synopses are Tagged with Consumer Advocacy and State Regulations (I may use more tags as we go along on these). If you see one of these Tags under a synopsis on the BLOG page, you can click on that Tag and it will narrow (filter) the BLOG page by Tag - which I’m calling “tagify.” These links are also available on the BLOG Post/Article page (accessed under News and Info - the Articles & Links (A&L) link) after the article. These links work the same. Note that these Place Tags aren’t links yet - I’m working on that.
As implied above, Place Tags are still under development. They have a good deal of potential. Right now, the best way to get to the state you want without browsing the entire set of posts is to use the “By Metro” under News and Info. Click on your state, and then on any of the Metro areas within that state to get the one you want. Anything Place-tagged with a state will appear with that filter.
The last is the Commercial Real Estate type flag. This, too, is under continued development, but as of now it works as you might expect. There’s not a lot of content currently that requires this filter, but I expect that to change over time.
If you end up finding these tags (filters) useful, you may also want to register with our site. Each of these tag types have their own saving mechanism, as do BLOG Posts themselves.
Thanks for having a look and check back often!
Centermark CRE (Commercial Real Estate)
Vincent Rivera - (713) 775-8560
WarehouseFinder.net provee una conexión entre el agente y el cliente. Nosotros escogemos nuestros agentes personalmente para asegurarnos que ellos:
La comisión del agente es pagada por el dueño de la propiedad o el vendedor. Nosotros encontraremos lo que ustedes necesiten. Nuestros afiliados lo llevaran por el proceso de compra o venta personalmente. Ellos le proveerán asistencia con lo que usted necesite.
Centermark Commercial Real Estate
Vincent Rivera - Agente
(713) 461-4750 x 4 Oficina
(713) 775-8560 Celular
This article describes the method provided to help you sort through articles and links on our site. The site uses a system of categories and filters to help you narrow things down to your interests, and lets you save them and archive them so that they won’t be included in the future.
This graphic below is an attempt to illustrate some the first-level methods for sorting Articles & Links (A&L). All A&Ls are grouped in the blue stack box. These can be sorted by CRE Type (yellow) and Metro Areas (yellow). CRE Types in this case will be all types available on our site. Metro Areas in this case will be Metro Areas where there is some activity. In each of these cases, you may save one or more CRE Type or Metro Area (gray) to use directly as filters, and if you have then links will show up for these with a count of the number of Areas or Types. The result of this sorting would be filtered lists of A&Ls.
Additionally, each article - with the exception of “sticky” articles which will already show up - can be saved for later use or eliminated from future consideration by archiving it.
The NAIOP (National Association of Industrial and Office Parks), also known as the Commercial Real Estate Development Association, is an organization for developers, owners and related professionals in office, industrial and mixed-use real estate. This is a link to the Terms & Definitions page for their research foundation. You can navigate these on their web site, but they also provide a link to a .pdf to the right of the “Terms & Definitions” label that I found quite useful.
This is the official web site of the Florida Real Estate regulating body - the Florida Real Estate Commission. If you are a prospective or actual buyer or lessee, this is where you can go to learn about what you can and should expect out of the players in your real estate transaction. You can learn about the the agents and brokers involved - whether or not their licenses are active (they MUST be for them to deal with you) - and whether or not they have or have had disciplinary action against them. If you are I would suggest that you browse the site just a bit to make sure you know what is there that might be useful to you. Bon apetit.
This is THE FIRST post on FIND this SPACE. It seems apt that it should be centered on explaining why this site was created. There are trends in the real estate technology sector moving toward helping a real estate “seeker” find a property that suits him/her on their own. Interestingly, the real estate industry is not really structured to support this approach, and for those who know already or can be convinced, we aim to help potential real estate clients find a practitioner who is anxious to help them find the space that best suits their needs.
Real Estate law is normally structured so that both parties - the seller/lessor and the buyer/lessee - must have representation by a real estate professional except under very narrow circumstances (e.g. if you are an estate attorney). That said, there is a hole that many buyers/lessees fall through that is important to note. If you are seeking property and do not yet have this representation, any seller/lessor representative will call you a customer unless they can make you into a client. The difference is that a client is entitled to the fiduciary duty of his/her representative, whereas a customer should assume that the representative of the buyer/lessor owes their fiduciary duty to the seller/lessor. They must make their position in the relationship clear to you and treat you honestly, BUT you should NOT share information with this representative that you do not wish to share with the seller/lessor as it can seriously damage your negotiating position. Making sure you understand that you are a customer and not a client is the attempt of regulators to notify you of this actual conflict of interest. Note that if you tell them at your first meeting that you do not have, but would like representation, there are provisions requiring them to eliminate this conflict of interest. You should still be very careful what you say until your representation and representative are established.
What I hope the above did was convince you to engage buyer’s/lessee’s representation. It generally costs you nothing, and brings you real advantages. This is important to protect your interests and to have someone in your corner. In some cases for a given location, we’ve already made a selection of a credible broker who would be willing to represent you. If we haven’t already made a selection in an area that you are interested, we will likely help you make a selection if you like. If you don’t see your area of the country in the “Localize” section, just request a property search or use “Get Answers” to make your request. I’ve developed, and continue to refine a process for this selection which I expect will be helpful to you.
In any case, what I hope is that we will provide you with lots of information to support you in your real estate transaction.
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.
By providing basic contact information and space requirements, we will narrow down your search to the right For Lease or For Sale properties. We will personally contact you with you matched property profile.
What You Get
1. Personal Advantages - One on one representation and guidance from a commercial real estate broker
2. Experienced Brokers - 19 years of industrial and office brokerage experience
3. Quick Results - Initial surveys usually provided the same day
4. No endless searches - We are a one stop shop for locating available commercial property, we have premium access to all the major national databases combined with personal knowledge of your market. We are on the streets, familiar with your area.
5. Valuable Guidance - We will treat your sell, purchase or lease as if it is our own business at stake. Our goal is to insure you get the best deal on the property you need.
6. No Obligation - What so ever…
7. Free Assistance -
Our fees are paid by Sellers and Landlords and we represent YOU.
Free Assistance Areas
1. Lease process guidelines - With 1000’s of leases under our belt, we are able to guide you thru all facets of the leasing process, from negotiation to execution.
2. Purchase process guidelines - As with leases, we also have handled 100’s of commercial sales transactions and we can hold our buyer’s hand from price negotiations to closing.
3. Property Summaries - Our available property summaries provide a map of the availabilities along with a description of each property.
4. In Depth Comparisons - We are able to create personal comparisons of the alternatives which allow our clients to make an educated decision.
5. Negotiation - We pride ourselves on our ability to get a deal done and think “outside the box.” This gives us a substantial advantage in negotiating leases and purchase agreements.
6. Inspection - We provide lists of qualified inspectors and personally inspect properties to make recommendations of additional licensed specialists to avoid missing major issues
7. Survey - A category 1-A survey is recommend for our clients and we will work with the Title Company and attorney to review each survey condition
8. Appraisal - With extensive knowledge of our market we work closely with appraisers to ensure the appraisal report is reflective of true market conditions.
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.
12/19/14 Update:
$56.52 per barrel at close of trading today. 3% increase. Now let us do this for a few weeks in a row. Doubtful.
$55.46 per barrel at 8:32 AM today with morning trading up 2% or so. Interesting that the fall of oil pricing has seemed to slow significantly, albeit for 2-3 days. If pricing settles in the mid $50’s per barrel for more than 3-6 months, Houston will be shedding some jobs and businesses. My customers have already indicated they are putting projects on hold until some reasonable forecasting can be developed on pricing. Oddly enough, more commercial development was announced in the energy corridor last week for new a new class A office property for lease.
$60.94 per barrel. That is the price of oil at the time of this post. A month ago oil was trading over $77 a barrel. Where will it stabilize? Only time will tell. What is certain is that Houston faces some real challenges in its industrial real estate market. Warehouses have been leasing and selling at all time highs. Development of bulk distribution is also in full swing. Now the scale back of industry absorbing space and rents will start to suffer. Developers of speculative warehouses for lease or sale are now likely to be sitting on empty buildings for some time with other owners facing tenants who may fold up shop and thereby leaving vacant property. The market was probably due for a correction with new freestanding warehouses trading at $75 to $85 PSF for shells on a purchase and $.75 PSF/month + on rentals. Heavy leveraged owners are the most vulnerable and others with substantial cash reserves may see some opportunities in the market. Businesses looking for space to lease should see some relief in pricing over the next six months.
Need Warehouse or Office space?
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.
We get many calls from businesses looking for warehouse space in the size ranges where most brokers choose not to work the deal. The fact is that small deals have small commissions and there is not a reliable inventory of available space available. Owners of property with small spaces, under 5,000 SF, generally do not subscribe to the better listings internet websites and therefore do not report their availability. In cities like Houston, which have no zoning, it can be particularly difficult to summarize those spaces on the market.
A good commercial, industrial broker will know where these “pockets” of properties are located and therefore can be of assistance for those looking to lease warehouse space in the lower SF ranges.
If you need help with any size warehouse to lease, please contact Eric Hughes, exclusive Houston Broker Affiliate at WarehouseFinder.NET.
“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.
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.
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.
With grade level overhead doors and ample outside storage yard, these buildings often have large overhead cranes, heavy power and high clear heights.
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.
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
“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.
What is commercial warehouse for lease? What is commercial warehouse for rent? They are the same and they are different. “Commercial” is just a description of the property to indicate an exclusion of residential uses. “For rent” and “for lease” while basically synonymous, “lease” actually refers to a contractual agreement between a tenant and landlord. “Warehouse” has many meanings in the sense that a “warehouse” can be used for many purposes and in many manners. Here are few examples of Commercial Warehouse for Lease:
These are just a few examples.
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.
Warehouse space by its nature is designed to house material and products for either distribution, manufacture or some combination thereof. The distribution and receiving part of this equation…
Build, build, build. Consume, consume, consume. Not anymore. Welcome to the new norm of commercial real estate. Over the last two decades, before the oil crash, banks were lending money on a signature and good will. As a result developers, eager to make a fee, put up millions of square feet of bulk distribution space around the country. Now that market is subject to downsizing, reducing, consolidating and liquidating. In many healthy markets like Houston, Dallas and Atlanta there is still a glut of distribution space for lease, despite the relative thriving commercial market. In other large cities, a tenant can almost name its price on bulk space for lease.
Our current slow to very slow trot to recovery is not enough to push lenders off their pedestals. Hopefully when things do begin to pick up pace, the shortage of new product as a result of stringent lending practices will force rental rates to new highs.
When looking at buildings for sale, it is important that the business owner understand the types of commercial property for sale in the market.
Warehouse or Industrial: These are typically for distribution or manufacturing and can be constructed of metal or masonry materials. Crane served manufacturing warehouses are typically metal buildings. Warehouse can be grade level, semi-dock (2’ high) or dock level (4’ high).
Flex Buildings: Flex space is a hybrid of office and light industrial warehouse/tech space. This property type caters to laboratories, computer and technical companies and instrument or data-logging industries.
Office Property: Self explanatory except that single story business parks often provide very nice office space for less rent than the typical multi-story office building.
Retail: Again, self explanatory. Retail options come in many shapes and sizes. The latest trend is lifestyle center with outdoor walkways and park settings versus the old Mall style projects.
These are a few very basic types of property to consider when looking at buildings for sale.
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.
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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* Your website needs to be related to the commercial real estate industry, brokerage, mortgage, construction or a business related to commercial real estate.
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* You must add our link to your site as stated above and have the URL in your e-mail request to us, please only use text links as links that redirect or dynamically created links or java script will be rejected. Or simply fill out the form and we’ll approve or not based on relevancy.
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.
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…
Not just in Houston either. Since Warehousefinder.net is a national search service, we receive calls and emails from all over the US and overseas. The new year has brought a new found vigor in inquiries from decision makers looking to move, expand and/or relocate their warehouse, manufacturing or distribution operations. Make no mistake, this is not the same market as 2005/6…however after the last 24 months, any sign of improvement is encouraging. The trend for the last three weeks continues to scale upwards, albeit at a slow rate. Our guess is that the extension of federal tax incentives pushed many companies over the fence on facility planning decisions. Look for our report soon on which parts of the U.S. have the most industrial leasing activity.
Warehousefinder.NET (WF), a global commercial real estate website, is designating affiliate brokers in most cities. While some major cities/areas are already taken, there are many cities/areas without confirmed, qualified commercial brokers.
For over two years, WF has referred out qualified leads for both industrial and office leases, sales and development and is expanding this function substantially. In an effort to formalize its referral process and better serve its clients, WF is identifying qualified commercial brokers in most cities to be exclusive affiliate brokers. This means that every lead which WF recieves for any given area will be referred only to the corresponding affiliate broker.
Our process is simple. We send the lead, deal gets done, broker pays WF a 20% referral fee on received commissions. Also, we encourage our brokers to refer deals among fellow affiliates in our directory. Our brokers include SIOR, CCIM, and other recognized designees, all with a minimum of 10 years experience and strong production histories. Every affiliate broker is held accountable.
To find out if your city is available or to send your company information, please email info@warehousefinder.net.
Our goal is to connect business owners with quailified and honest brokers who actually return their calls and service their client.
Full Service Lease - Generally applicable to multi-tenant office buildings, this lease has one monthly rate and covers all the costs associated with the property including electrical, janitorial, management, property taxes and property insurance…
Triple NNN or Triple Net - A NNN lease is set up to have the Tenant pay a base rental amount each month to the Landlord. In addition to the base rent, the Tenant also reimburses the Landlord monthly for the tenant’s pro-rata share of certain estimated expenses (“reimbursables”)…
Industrial Gross Lease - This lease type is common in multi-tenant industrial properties. This warehouse lease type requires the tenant to pay one base monthly rent which covers the property expenses, management and Common Area Maintenance (CAM).
A Bridge Crane is a lifting system comprising 2 sets of rails built near a warehouse’s ceiling and a bridge, or steel truss spanning these rails.
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.
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.
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.
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.
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.
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.
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.
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.
By providing basic contact information and space requirements, we will narrow down your search to the right For Lease or For Sale properties. We will personally contact you with you matched property profile.
What You Get
1. Personal Advantages - One on one representation and guidance from a commercial real estate broker
2. Experienced Brokers - 19 years of industrial and office brokerage experience
3. Quick Results - Initial surveys usually provided the same day
4. No endless searches - We are a one stop shop for locating available commercial property, we have premium access to all the major national databases combined with personal knowledge of your market. We are on the streets, familiar with your area.
5. Valuable Guidance - We will treat your sell, purchase or lease as if it is our own business at stake. Our goal is to insure you get the best deal on the property you need.
6. No Obligation - What so ever…
7. Free Assistance -
Our fees are paid by Sellers and Landlords and we represent YOU.
Free Assistance Areas
1. Lease process guidelines - With 1000’s of leases under our belt, we are able to guide you thru all facets of the leasing process, from negotiation to execution.
2. Purchase process guidelines - As with leases, we also have handled 100’s of commercial sales transactions and we can hold our buyer’s hand from price negotiations to closing.
3. Property Summaries - Our available property summaries provide a map of the availabilities along with a description of each property.
4. In Depth Comparisons - We are able to create personal comparisons of the alternatives which allow our clients to make an educated decision.
5. Negotiation - We pride ourselves on our ability to get a deal done and think “outside the box.” This gives us a substantial advantage in negotiating leases and purchase agreements.
6. Inspection - We provide lists of qualified inspectors and personally inspect properties to make recommendations of additional licensed specialists to avoid missing major issues
7. Survey - A category 1-A survey is recommend for our clients and we will work with the Title Company and attorney to review each survey condition
8. Appraisal - With extensive knowledge of our market we work closely with appraisers to ensure the appraisal report is reflective of true market conditions.
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.
By providing basic contact information and space requirements, we will narrow down your search to the right For Lease or For Sale properties. We will personally contact you with you matched property profile.
What You Get
1. Personal Advantages - One on one representation and guidance from a commercial real estate broker
2. Experienced Brokers - 19 years of industrial and office brokerage experience
3. Quick Results - Initial surveys usually provided the same day
4. No endless searches - We are a one stop shop for locating available commercial property, we have premium access to all the major national databases combined with personal knowledge of your market. We are on the streets, familiar with your area.
5. Valuable Guidance - We will treat your sell, purchase or lease as if it is our own business at stake. Our goal is to insure you get the best deal on the property you need.
6. No Obligation - What so ever…
7. Free Assistance -
Our fees are paid by Sellers and Landlords and we represent YOU.
Free Assistance Areas
1. Lease process guidelines - With 1000’s of leases under our belt, we are able to guide you thru all facets of the leasing process, from negotiation to execution.
2. Purchase process guidelines - As with leases, we also have handled 100’s of commercial sales transactions and we can hold our buyer’s hand from price negotiations to closing.
3. Property Summaries - Our available property summaries provide a map of the availabilities along with a description of each property.
4. In Depth Comparisons - We are able to create personal comparisons of the alternatives which allow our clients to make an educated decision.
5. Negotiation - We pride ourselves on our ability to get a deal done and think “outside the box.” This gives us a substantial advantage in negotiating leases and purchase agreements.
6. Inspection - We provide lists of qualified inspectors and personally inspect properties to make recommendations of additional licensed specialists to avoid missing major issues
7. Survey - A category 1-A survey is recommend for our clients and we will work with the Title Company and attorney to review each survey condition
8. Appraisal - With extensive knowledge of our market we work closely with appraisers to ensure the appraisal report is reflective of true market conditions.
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.
In my 29 years of commercial real estate leasing, both in warehouse and office, I have seen hundreds of lease documents with many arrangements of rent and responsibilities. The basic and most used leases are as follows…
Qualify Qualify Qualify
A commercial real estate will qualify clients - as a prospective buyer/tenant, you should spend a bit of time to assess yourself in terms of qualifying for a real estate purchase or lease…
After the initial review of the seller deliveries and tile commitment a good boundary survey is necessary to confirm recorded easements and sometimes will catch unrecorded easements and encroachments. The property survey is a cost to either the buyer or seller and becomes a negotiable item of the transaction.
The survey should indicate all improvements on the property, utility easements, fire hydrants, fences, curb cuts and much more. Your lender will most likely require a survey in order for them to lend money on the property. A buyer wants be sure he is getting the same amount of dirt which is being represented. A survey is critical.
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.
Based upon the assumptions contained in this analysis, by owning your own building, you would: (1) save $234,177 in payments over the initial five years, (2) pay down $148,594 on the mortgage, (3) lock in your long term occupancy costs, and (4) get $180,426 in value appreciation based on a 3.00% annual appreciation. This represents a total benefit, AFTER deducting your initial 20% down payment, of $336,637 over just the initial five years.
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.
Having seen more than a few contaminated properties, I can tell you first hand…you don’t want to be involved in owning one. The environmental study will look for any documented releases on your property or in the vicinity of contamination, letters of closure from your state agencies, UST’s (underground storage tanks), etc.
Historical aerial photos will show previous uses of the property which may be suspicious. Materials used in the property may prove expensive to re mediate, such as asbestos in floor tiles, insulation and walls.
A buyer should always hire an attorney for the docs and survey review and relative professionals to do specific inspections.
These are some of the most basic items of due diligence. A fully exhaustive list and relative explanation would take many pages. This is one of many reasons why you need to utilize an experienced commercial real estate broker when purchasing or leasing office or industrial property.
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.
Here are five quick tips to remember when renewing your office or industrial lease:
SO YOU WANT TO BUILD YOUR OWN WAREHOUSE OR OFFICE BUILDING?Are you thinking - “Existing property prices are too high! I will build my own warehouse and save a bundle.” If I had a dime for every time we heard this from a client. Unfortunately for them…
Overview Committing to a lease for 3, 5, 7, or 10 years is a monumental consideration for a business. Whether that is moving into the first property or from one location to another, entering into any commercial lease agreement can be stressful, time-consuming, and requires adequate research and qualified commercial real estate brokers, attorneys, and possibly even engineers to determine the most suitable location(s)…
The following are a few of about 40 checklist items we typically cover in our due diligence when assisting clients:
Looking for Warehouse, Office or other space in Houston of elsewhere?
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.
Distribution, manufacturing, service, fabrication, storage and many other uses occupy millions of warehouses around the world. Goods go in, goods go out, machinery goes in, machinery goes out - and on and on.
Understanding the types of access to these warehouses is imperative when evaluating business needs and alternative facilities available. In this article we will explore several widely used loading types.
Dock high loading is synonymous with distribution and storage. Whether uses in distribution centers or port handling facilities, dock loading facilities are a necessity when unloading and loading contents from and to over the road containers. True dock loading and the most preferred is accomplished when the truck court is at natural ground level and the warehouse floor is at or near 48” in height.
Semi-Dock is almost always at 24” in height, hence the name 1/2 dock. or half dock. This type of loading is mainly used to transfer product between the warehouse and standard short box trucks (UPS type) and/or standard pickups/delivery trucks.
Grade level loading is when the overhead door entry is at or very near the level of the natural grade level of the truck court. Grade level loading is necessary for fork lift access to the truck court or yard to access trailers and transfer product. Grade level loading is also required for facilities which have mandatory truck/trailer access to the interior of the building. Quasi grade level loading can be accomplished with a dock high slab by adding a ramp down to grade/natural ground level.
If adequate yard area exists, a grade level building can incorporate dock access by adding an exterior built up dock, at 24” or 48”, with a ramp down either in the yard or into the warehouse.
Also in a grade level building, dock access can be achieved by installing a dock well, to 24” or 48” or both. The dock well is a ramp down into the ground usually meeting the slab of the building. This loading type enables the building to utilize its natural grade level attributes while incorporating true dock level transfer with a tractor trailer.
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.
So you found your perfect office and/or warehouse. It is the right square footage, has adequate ceiling heights and yard area and is in a good location. You just went under contract at the Title Company. Now what?
Now the real important work begins. There will almost always be several buildings that fit your requirement, however finding the one with few to no issues is a different story. Many brokers feel their work is done once the property is under contract. This is far from the truth. A good commercial broker shines once the contract clock starts ticking.
Free items first
While there are numerous due diligence items which have to be handled, I always put the questions on the top of the checklist which won’t cost my client anything to get answered. That way if my Buyer can’t live with these he won’t waste money on phase one environmental studies, appraisals and further attorney fees.
Physical inspection of the property is more than just looking at the obvious components of the warehouse and or office as the roof, structure, paving, electrical and mechanical systems. The ones that can be missed are indications of standing water near the building which may be caused from poor drainage. Does the roof drain to one side or does it collect in the middle of the building in a gutter, which may be problematic. If you have an office building, do you have enough parking, adequate and efficient HVAC? Does the building meet ADA codes? If an office warehouse, is the truck court adequate, is there enough power, is the rail siding up to the rail provider’s specs? The structural, MEP and environmental studies should be handled by licensed professionals…however they often miss issues. A second set of eyes is important.
Documents contained in the Seller deliveries and the title commitment are the first to get tackled. While attorney consultation is a must with contract and commitment review, a quality broker can make valuable suggestions that an attorney may miss and then can evaluate. The title commitment should provide copies of any recorded deed restrictions on the property which may be problematic. At this stage local zoning should also be confirmed for the same reason. Encumbrances evidenced in the commitment may also be revealed such as an easement which may prohibit the Buyers intended use. Again a good real estate attorney is important at this point.
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.
We are seasoned commercial real estate brokers specializing in Industrial property sales and leasing. With over 21 year’s experience, we provide our clients with invaluable knowledge of warehouse and industrial property. What do we bring to the table?
• Extensive market knowledge
• Expert financial analysis of each deal
• In excess of 150 lease transactions negotiated and closed
• Over $150 million in sales and leases closed
• Loyalty, honesty and thoroughness
• Understanding of industrial development and construction
• Logistics and process flow comprehension
• Financing and lender contacts
If you are in the market for office/warehouse space, whether it is manufacturing, distribution, assembly or direct port access, we can help.
Need an industrial property specialist? You are in the right place.
Want more infomation about something on this page? Need industrial, office or warehouse space? Fill out our form here 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.
Please contact us at info@WarehouseFinder.net or use our Contact Us form if you have questions or concerns.
