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.
As CMS Real Estate marks its 40th anniversary, we fondly reflect on a journey that has firmly established us as a mainstay in Calgary’s real estate sector. Our secret to longevity and success? A client-first philosophy. When you emphasize the importance of prioritizing client needs, it fosters an atmosphere for our clients that builds incredible […]
If you’re looking for a great industrial property for sale in Airdrie, we currently have an exciting opportunity available in the Kingsview area. Located at #104, 2926 Kingsview Blvd SE, this property boasts impressive features and amenities ideal for a: Distribution warehouse Storage warehouse Manufacturing facility Property Overview This expansive industrial property in Airdrie features […]
Calgary’s industrial landscape has long been known for its vast warehouses and distribution centres, housing goods and materials for a variety of industries. However, in recent years, compact industrial spaces are revolutionizing the way businesses operate in Calgary, providing them with adaptable solutions to meet their specific needs. The future of small industrial warehouses for […]
Operating a small business often involves renting office space, a warehouse, or other property types. There are two common kinds of commercial leases: a triple net lease and a gross lease. These two types of leases have distinct approaches to allocating costs between tenants and landlords. Whether you’re looking for a retail space or a […]
The real estate industry is vast and encompasses various property types, each catering to different business needs, including office spaces, warehouses for lease, and full commercial buildings on sale, just to name a few. Among the primary classifications are industrial and commercial real estate. Understanding the differences between industrial and commercial real estate is important […]
In today’s fast-paced business landscape, investing in industrial and commercial real estate presents an incredible opportunity to secure long-term financial success. As the market continues to boom, investors seek ways to capitalize on this upward trend and build a robust portfolio that yields impressive returns. In this article, we explore the strategies and principles essential […]
© Copyright 2023 CMS Real Estate Ltd.