No matter where you drive in North Texas, you’re likely to see industrial buildings under construction, newly completed or already built. These buildings vary in type from distribution centers, warehouses, flex spaces, and manufacturing. In my opinion, there are some things to consider when buying or leasing an industrial building.
Property Location
Access to major thoroughfares and highways – as well as rail and air – are critical. The faster a company can get its product to the consumer, the better!
E-commerce has been the lead driver of industrial real estate growth and there are no signs of it slowing down. Last-mile delivery and reverse logistics (return of goods) are driving companies to seek more infill warehouse locations so they can provide quicker service to their online customers.
Another driving factor is proximity to labor. Companies are paying more attention to this challenge, and choosing sites based on the availability of qualified labor.
Functionality of the Space
Of course it depends on the use, but clear height, truck court, length and depth of the building, and column spacing deserve careful examination.
When it comes to clear height, new distribution centers average 30-36’ clear. But in general, a good rule of thumb is to stick with buildings that have a minimum of 20-24’ clear.
And Don’t Forget
How much power does the building have? Typically, heavy power is considered 3 phase power at 480 volt with at least a couple hundred amps. Is there outside storage? Outside storage is a huge plus for many businesses. Other assets can include cranes, air-conditioned warehouses, lab space, and various unique features.
At LanCarte Commercial, we have multiple listings for industrial properties around North Texas ranging from under 10K SF to over 100K SF — for sale or lease. If you’re looking for this type of space, please contact us for more information.
