4 Ways to Make Your Warehouse More Attractive to Leasees
The demand for warehouse space is at an all-time high. In fact, according to the U.S. Bureau of Labor, over 2,000 warehouses have been added to the market since 2008. And, the total number of warehouses and storage spaces in the U.S. has almost reached 20,000 establishments.
Even though there has been an increase in warehouse spaces, it’s still important to create attractive spaces. By creating an interesting space, you’re more likely to find tenants — and to retain them.
In this article, we will discuss trends that could make you — as the building owner, landlord, or property manager — succeed in making an attractive space for potential leasees.
1. Provide interesting amenities.
Employees and building operators take care of the warehouse space, so you’ll want to take care of them. One highly desirable aspect of warehouse space is its amenities for onsite employees. Some buildings provide food services or allow third-party food providers on the premise, which allows for interesting meals throughout the year for workers — and you know what they say, the way to a person’s heart is through their stomach.
Additional amenities, such as spacious and comfortable breakrooms — with leisure equipment, televisions, charging stations, and more — continue to upgrade a warehouse space.
2. Make the space functional.
When someone is looking to lease your warehouse space, they want the area to be as accessible and move-in ready as possible. Therefore, you’ll want to make sure that the space exceeds the functionality standards of the average leasee. With that being said, be sure to take a look at the warehouse ceiling height, parking lot dimensions, and building infrastructure. Then, if any areas identified as needing updates, fix them prior to leasing the space.
3. Team up with technology.
Technology is the driving force behind many industries, and warehouse spaces are no different. Whether you equip your space with sign-in technology or automated smart temperature controls, there’s plenty to gain from adding technology to a warehouse. Plus, tenants and leasees are bound to appreciate this simple yet impressive gesture of technology features in the building.
4. Pay attention to both the interior and exterior of the space.
For some companies, a bare-bones warehouse is enough. However, other competitive companies may want certain exterior features of the warehouse. For example, a modern or standout design could be a deciding factor for a brand that wants to increase visibility and awareness. Therefore, it’s a good idea to give the exterior of the warehouse a bit of attention too.
Has this article been helpful in teaching you how to make your warehouse more attractive to find and keep potential leasees? If so, check out our blog. Here, we discuss the latest industry trends and answer your biggest CRE questions.