February 25, 2019

Important Steps for Leasing Industrial Space

So, you are in the market for industrial space for rent? This is generally considered to be property like a warehouse, a manufacturing building, or a multi-use building. Leasing industrial space can help you find the home for your business operations for many years to come. However, finding industrial space for rent that meets all of your needs and business requirements can be a bit challenging, which is why it always helps to work with an experienced commercial real estate brokerage firm like the Rakow Group. We can help you with every step of the leasing process and also assist you in negotiating the best possible deal for your business. Below, we will walk you through a high-level overview of some important steps for leasing industrial space.

1. Determine Your Business Needs

Finding the right industrial space for rent can mean a lot of different things depending on your business type. For example, some businesses need space for producing and manufacturing products, while others are looking for something to house their research and development activities. It really helps to spend some time determining your business needs prior to beginning your search, that way you can narrow down the properties you are looking for and ensure you are signing a lease for exactly what you need.

2. Find a Broker to Help You Search

Another important step for leasing industrial space for rent is finding a broker to help you with the search. It can be overwhelming to find the right space in the location you are looking for without some professional help. The Rakow Group has an extensive database of properties to search through and can help you find exactly what you are looking to lease. We can also help you find commercial property for sale or commercial property for rent if needed.

3. Assess the Lease Terms

It’s absolutely crucial to make sure you assess the lease terms of industrial space for rent prior to signing on the dotted line. Hidden expenses are a common thing to watch out for, especially with larger properties. The last thing you want is to have to pay for maintenance and upkeep all out of your pocket simply because you overlooked the lease. The Rakow Group can always provide you professional advice on lease terms and help you negotiate the deal you are looking for.