10 Suggestions for Negotiating Your Next Industrial Lease to Save Your Company Time and Money
Industrial leases often contain many business points which can greatly improve a company’s occupancy if negotiated effectively. In this post I suggest 10 ways companies can improve their next industrial lease to save money and time.
How Should Tenants Approach Early Occupancy?
Tenants should approach early occupancy with situational awareness and caution. Relying on early occupancy in a lease can prove challenging in certain scenarios.
How to Evaluate Logistics Properties: How Companies Can Focus on What Matters in Site Selection in Infill Areas
Site selection involves evaluating on-site and off-site factors of properties under consideration. This post discusses four key concepts in site selection, common on-site and off-site factors for distribution, and common on-site and off-site factors for manufacturing uses.
Navigating Industrial Land Use through an Increasingly Difficult and Complex Entitlement Environment (Updated)
Navigating Industrial Land Use through an Increasingly Difficult and Complex Entitlement Environment
Tire Kicking: How Misalignment and Indecisiveness in Site Selection will Work Against You
Companies who are indecisive about leasing or purchasing an industrial property are often still in the exploratory phase of site selection. They have not obtained internal alignment on the project and are not ready to actively pursue available options. Therefore, their tire kicking is often a symptom that the company has not completed a prior required step in the site selection process, not that they are pre-disposed to being indecisive or unaccepting of anything less than perfection.
Negotiating Property Management Fees
Three things tenants should consider when a landlord proposes they pay property maintenance fees as part of their estimated operating expenses.
Aligning Your Site Selection Process to Avoid Delays in Commencement
With such a lack of available and vacant space to choose from, companies should pay particular attention to how they are negotiating possession and lease commencement in new lease agreements and how they are communicating with their current landlord if there is a possibility of holdover.
Site Selection for Land-Intensive Occupiers in Infill Areas
Finding available infill properties for land-intensive industrial occupiers is typically much more challenging than office, warehouse or manufacturing uses. Due to these challenges, site selection for land-intensive industrial occupiers must be designed differently to increase the odds of success.
How do Landlords Evaluate Tenant Credit?
The value of a tenant's credit to a landlord is largely dependent on the global, national, and local marketplaces. In stronger markets, the value of a credit tenant will diminish relative to weaker markets.
How Much Power or Electricity Do I Need?
7 key points to help verify the electrical supply of an available industrial building will meet an operations requirements
Trust, but Verify: Research Industrial Real Estate Like a Pro
Important information should always be verified, even if from reliable sources. Companies must prioritize the information they verify in industrial real estate projects.
How Can I Blend and Extend My Lease in a Landlord's Market?
The blend and extend lease renewal can be an advantageous transaction for both the Landlord and Tenant in markets favorable to the landlord or tenant. In either case, it is important for each party to quantify the positive and negative aspects of a proposed blend and extend transaction, especially its financial impact to each respective organization.
Navigating Industrial Land Use through an Increasingly Difficult and Complex Entitlement Environment
Navigating Industrial Land Use through an Increasingly Difficult and Complex Entitlement Environment
Top 10 Tips for Negotiating Improvements in Industrial Real Estate Leases
Top 10 Tips for Negotiating Improvements in Industrial Real Estate Leases
How Many Dock Positions Do I Need?
Discussion of determining the number of dock positions required for an operation without a WMS system
What Insurance is Needed for an Industrial Property?
In many ways insurance is an unsung hero in industrial real estate. It allows interested parties to insure themselves and other parties. Without it, the financial risks associated with the ownership of and operation within industrial real estate would be discouraging, if not disqualifying, to prospective industrial property owners and occupiers.
Why Some Commercial Real Estate Lease Structures are Better than Others-The Starting Rental Rate
Starting rental rates are the most used financial metric in commercial real estate. Explore their significance in this post.
How Should I Maintain an Industrial Property?
Every company wants to avoid property maintenance issues during their occupancy of a property. While there is a common focus on the immediate economic results of leasing a property, most industrial tenants should pay closer attention to how they have negotiated property maintenance obligations.
Why Some Commercial Real Estate Lease Structures are Better than Others-Lease Termination Options
I will discuss some of the reasons why options to terminate are desirable, their common types and structures, and analyze their use in commercial real estate transactions. Lease termination options can be negotiated into some lease agreements under certain conditions. Perhaps more than any other option right, in order to successfully negotiate a lease termination option to terminate the party desiring the right must have an awareness of the negative implications for the other party, and a willingness to provide reasonable solutions to address those implications if required.
Why Some Commercial Real Estate Lease Structures are Better than Others-Length of Lease Term
This post reviews why lease term matters in commercial real estate leases and how variance in lease term will impact common real estate metrics.