Step-By-Step Guidelines to Industrial Property Leasing

Industrial spaces and properties encompass a wide range of utilization and function. Each type of industrial property available in the market varies in features and amenities to be able to cater to different demands. Companies that are in need of expansion or other storage options might need a suitable facility that can promote and sustain efficient and speedy operations and support business lines. In any search of a warehouse or industrial lot for lease, thorough planning is necessary to refine options and find the perfect listing. With an abundant supply of warehouses in the local market today, looking for a property that will match your needs and requirements may be overwhelming, especially for first-time tenants.

Assessment of Options: Leasing, Buying, or Building

Industrial properties occupy a massive space in any area. More land space requires more resources to maintain and operate. Having sufficient capital is imperative whether the decision is to lease, buy, or build.

Due to their high financial capacity, large corporations can opt to buy empty lots and further develop them into functional industrial spaces. Some micro, small, and medium enterprises (MSMEs), on the other hand, have certain financial constraints, limiting their options to leasing. Determining the suitable option must continually be assessed in line with the company’s current financial standing.

Leasing can be a better choice if flexibility in financial decisions is a top priority. Rather than buying and building, its reduced cost allows the company funds to be redirected to other business aspects, furthering growth.

Different Uses for Industrial Spaces

Most industrial buildings are assumed to be only for storage space. There are different types available today categorized by their uses, with some utilized as public storage warehouses, data centers, distribution centers, or private warehouses.

Getting Tenant Representation

KMC offers top-notch and tailored services for any industrial and logistics need. Clients who are in need of representation during the whole process of industrial leasing can expect a full-service approach from the company.

Partner with property experts who can appropriately assess the company’s specific needs, such as budget allowance, space, and amenities requirements. Representing tenants ease and simplify transactions between tenant and landlord, facilitating mutual agreement in every aspect.

Sourcing Warehouses for Lease

Based on the initial assessment, property experts source suitable options from their extensive property listing for the company. Prospective tenants are presented with varying properties fitted to their requirements. Once the choices are narrowed down to facilities that closely fulfill particular demands, the professionals will set up warehouse tours.

For KMC, clients are always prioritized when setting up property tours, making it as convenient as possible. Advances in property technology have also paved the way for tenants to tour and view spaces virtually.

Finalizing Negotiations

The next step after selecting a viable property is presenting a proposal. This is where property experts prove advantageous, rather than going without professional help. They have the know-how and skills to guide negotiations properly.

They make sure the proposal and leasing terms presented will be in the best interests of both tenant and landlord. When both can benefit from an agreement, transactions are expedited.

Coming at the end of the process when negotiations are finalized, all that’s left is signing the contract for the warehouse for lease. Any property issues that may arise after moving in can be easily addressed with the assistance of real estate professionals.

Looking for industrial and warehousing options? Contact our team to know more about what we can do for your business. For inquiries on listings and other industrial spaces, call us at (+63) 917-565-3547 or send an email to [email protected].