Are you looking for warehouse space for rent? Give this, you may be interested to know some information about the warehousing industry. There has been an increased demand for, and usage of, distribution and warehouse space since 2000. To date, the amount of occupied space has increased by 86.2%, which constitutes substantial growth.
A Brief Overview of the Storage and Warehouse Leasing Industry
The United States’ storage and warehouse leasing industry employs a considerable number of workers. Currently, there are roughly 166,907 men and women that are employed within this expanding industry. E-commerce alone accounts for much of the demand for warehousing and distribution space. Over the next five years, growth within this industry is expected to increase at a compounded annual average rate of ten percent. This situation will also create a wealth of investment opportunities for owners and developers of commercial spaces.
Determine What Type of Space You Require
If you’re in the e-commerce business, for example, you may require a warehousing and distribution site to coordinate and streamline your operations. It’s also possible that you’re looking for warehouse space for manufacturing purposes. Once you determine your warehouse space needs, you’ll want to focus on how to find a warehouse for rent that will accommodate your existing needs. Furthermore, it is also a good business strategy to anticipate the amount of space that you may need in the future. This will be based on your projected business growth and expansion plans.
Determine the Most-Convenient Location
Another aspect of knowing how to find a warehouse for rent is choosing a convenient location. You may, for instance, be interested in renting a warehouse that is close to retail outlets and other commercial enterprises. In addition to this, you may want to consider a location that is in close proximity to restaurants and other amenities. This can be of benefit to your employees, sales representatives, and other relevant personnel.
Contact Your Local Warehousing and Distribution Space Representative
Once you’ve located the best possible space for your business enterprise, you’ll want to learn more about your leasing options. Since you’ll be entering into a lease agreement, it’s important to consider the long-term benefits of having this space available. As previously stated, it’s a solid business practice to strategize for and anticipate growth. Whether you’re launching a new business or expanding an existing one, leasing, rather than purchasing, the space you require makes sense.