Warehousing space is crucial to a number of industries, from manufacturing to freight. Many things need to be considered when it comes to the ideal warehouse location: transportation, utilities, lighting and security. Industrial warehouse space can be put to many different uses, like docks, whether high or ground level, light assembly or manufacturing, and retail and office space. Like entering into an office lease agreement, it’s a good idea to go over all details and to check out your prospective leasing company before signing the lease for a warehousing facility.
Ecommerce drives the increasing demand for warehousing
In many parts of the country, it’s actually getting harder to find warehouse space. With the rise of ecommerce, more and more retailers are leasing a warehouse, according to a recent article in the Wall Street Journal. In many major cities, the unoccupancy rate for warehouses and commercial spaces has fallen into the low single digits.
There’s been a corresponding expansion in leasing commercial property. The amount of distribution and warehouse space in use since 2000 has increased by 86.2%. Over the next five years, E-commerce is predicted to grow by a compounded annual average rate of 10%.
This points to continued demand for more warehouse and distribution space.
Lakeland FL is a warehousing hub
The warehousing and distribution industry is in the middle of a period of expansion. At present, It employs about 166,907 people in the U.S. Lakeland FL is a warehousing hub par excellence, with all the necessary requirements for smooth logistics.
When it comes to warehousing and distribution, Lakeland has it all. Its location, for a start, in the middle of the state of Florida, puts it within a 100-mile radius of 8.5 million people. Then there’s easy access to different forms of transportation, with highways, airports and ports all within reach.
Easy access to a large customer base and excellent transportation are just the beginning. There’s a well developed warehousing industry with a sophisticated understand of indistry needs. So for any business looking for warehouse and distribution space in Florida, it is a logistics dream.
Entering into an office lease agreement
Signing commercial leases is not very different from regular residential ones. It’s important yo go over every clause, and to ask for clarifications where necessary. Entering into an office lease agreement is like a business agreement and should be based on mutual trust.
This also means that you should do your homework and check out the background of the leasing company. A great deal of information is available online, from user reviews to consumer bureau reports.
When entering into an office lease agreement, there are some important things to keep in mind: location, transportation and ease of access, facilities offered, reliable business partners. Meeting all of these requirements, it’s not surprising that Lakeland Florida is emerging as a leading warehousing and distribution hub for national and even international commerce.