There are many different types of industrial spaces available; thus, you need to determine your search for property based on your requirement. Industrial property is mainly divided into three categories. They are—warehouse property, flex property, and manufacturing property. You need to recognize your business needs and thereby choose the one that will best fit your needs.

Whether you are starting a business, or moving an existing one, the basic requirement is to consider the structure of the site, utilities and wiring, the lease agreement, and your budget. Choosing an industry space that lacks any of these essential aspects can induce inadequacies at work. Thus, prioritizing the basics is quite crucial.

A mixed-use property is a combination of warehouse space and a manufacturing space. It allows multiple businesses of different kinds in one space as well as a single business to use for many different purposes.

Though a lot of people get confused on this one, the fact is there is indeed a difference between the two. Warehouse space is more than just an area where you can pile boxes one over the other. In warehousing, you will have to have the components of software, machinery, for which the people need to work smoothly and with minimal error.

There are several kinds of commercial properties, but they are primarily the stores, offices, restaurants, and malls. Industrial space hints at the places such as light industrial (apparel and woodworking) to automotive and steel mill. In fact, the costs of the two locations can vary a lot. Some commercial properties are fancy, have designer touches with fine carpets, while the industrial spaces are quite sparse. Industrial space offers a different set of amenities. Frankly, though, industrial spaces cost less than commercial per square foot.

If you see a space that doesn’t fit one of our criterium, you can ask us about remodeling to make it apt for your business. We deal with many different industry requirements and can deliver you a completely well-efficient space. n.

We at Ferm Associates carry over 35 years of experience in helping people find an ideal industry space. Our team understands the needs, demands, and requirements of the industrial spaces and can find you the right one according to your budget, logistics, and work culture. Whether you are looking for a space to set up a warehouse or a manufacturing facility—or for that matter a distribution facility and flex facility—we can indeed match your expectations and vision with our extensive expertise and experience.

Considering some industrial property owners charge additional fees, such as maintenance fees and upkeep charges for shared facility space, it is essential to inquire about how utilities are measured and how the costs are divided among tenants. Some property owners measure utility usage individually for each tenant while others split the cost of utilities each month by each tenant’s rented square footage. Therefore, it becomes imperative that you ask about utilities, fees, and other vital expenses before signing the lease. If the terms are critical, you may just be up for negotiation or perhaps looking at the next one.

When one sets up a business or tries to expand their operation, one might be in need of a much larger space to manufacture or store products and inventory, leaving no other option but to rent out a spacious and well-equipped industrial space. You certainly can rely on us to find the best space. We determine the industry needs of our clients and take them through a myriad of options to find them the right commercial or industrial property.