When listing an industrial property, there are things to check and understand.
The industrial sector of the property division is usually bustling. Typically, it is the first segment within most cities and towns to react to economic turnarounds. As such, you can prosper – even flourish – selling and leasing industrial properties.
But the question then becomes: Where do you begin?
It starts with research. The more you know about all the details: location, industrial property management for the premises, accommodation types, etc., the easier the listing, inspection, and negotiation processes will be.
Keep reading to learn the simple 6-step checklist for how to list an industrial property properly.
Regarding property listing, everything about the facility should be copacetic.
How else will you attract tenants to your property? Consider the following checklist below to ensure your property makes the grade.
Familiarizing yourself with the property (its improvements, arrangements, areas, etc.) is essential.
View the property from the perspective of an industrial occupant. Then try to understand better how you would inhabit the facilities. In what ways will it work for you, and have you thought about the strengths and weaknesses of the property and how they would affect your business?
By becoming familiar with the property and putting yourself in the prospective tenant’s shoes, it’s easier to see what can be fixed to make it a more attractive facility.
Look at the safety, loading, parking, and appearance of the facilities. Think of how cars and trucks would get to the building and how they would get around. Consider employees, dispatches, customers, and more.
By getting a holistic view of the building, it’s much easier to gain that knowledge and perspective.
Ask yourself if the industrial property is practical for the business in occupancy.
Also, consider outside variables like fencing, gardens, footpaths, etc. These considerations will float under property qualities such as environment, security, and practicality. Depending on the business owner viewing the listing, all can be major selling points.
Some corporate industrial companies are more inclined to desire appealing visual features of a particular property because it better matches their brand and culture.
View inside and around the facilities and be as thorough as you can.
Check the environment, storage rooms, access and functionality of machinery, warehouse elevations, etc. Industrial companies need a certain amount of both functionality and practicality for success. Such property zones will affect that.
The property’s particular areas (amenities, showroom, office, etc.) will affect both the occupants and visitors of the property. So think about these areas of the property – their location, size, practicality, etc. – and how they relate and function to the business in question.
This aspect should be contemplated and noted in the lease.
It will ensure that any matters of direct damage, wear and tear, etc., are monitored and controlled. Many industrial companies impose pressure on a property or its outside zones. Be sure the property is ‘code-compliant’ for safety and occupancy problems and is controlled and upgraded for the tenant.
There is a lot to consider when managing an industrial property.
As such, it helps to get a team on your side. A team can help lighten the load and ease the pressure. For example, suppose you need assistance with industrial property management in Calgary. We at CMS Real Estate Ltd. offer the experience and tailored approach to help you relieve stress and reach your goals.
Contact us today to learn more about how we can help.
Industrial real estate leasing can get complicated, fast. And if you haven’t done your due diligence, these complications can become an unnecessary headache. Luckily, such circumstances can be avoided. And the best way to do that is to fully understand the asset in question and the rental and leasing conditions of the agreed-upon contract. Keep […]
If you’re looking for industrial property management services in Calgary, you’ve come to the right place. At CMS Real Estate Ltd. we offer management services for your industrial property to help alleviate the pressure and strain that’s often associated with operating a commercial or industrial facility. As a full-service industrial real estate brokerage, we provide […]
With more than 35 years of experience, our team of qualified mortgage brokers at CMS Real Estate Ltd. is on your side. We’ll ensure the purchasing process – from beginning to end – goes as smoothly as possible. Our industrial mortgage brokers have an immense comprehension of the market, its existing trends, as well as […]
Are you in need of commercial mortgage brokerage services? Do you reside in the Calgary area? If so, you’re in the right place. CMS Real Estate Ltd. is a commercial mortgage brokerage company in Calgary – our team of commercial mortgage brokerage experts have been serving Calgarians for more than 35 years. Here’s how we […]
The city of Calgary is a hub for innovation. Its oil and gas sector has made Alberta a leading force in Canada’s economic growth. In addition to its picturesque surroundings, Calgary is a desirable city with attractive business growth opportunities. Diverse commercial locations make it a choice destination for local and multinational organizations seeking to […]
Our team at CMS Real Estate would like to wish you a festive holiday season and a happy new year! We appreciate your support and loyalty this past year and we look forward to continuing to serve you in 2022! As a Calgary-operated business, one of our great joys is being able to serve Calgarian […]
© Copyright 2022 CMS Real Estate Ltd.