7 Tips When Looking for Warehouse Space

The demand for warehouse space began to boom before the pandemic began, and consumers' shift to online shopping that took place during shutdowns only increased the need for companies to expand their logistics operations. Now that the recovery is in swing, companies are still relocating and expanding their warehouses to strengthen their supply chains and continue to meet the demands of those many shoppers who want to continue to enjoy the ease of virtual buying. If you're among them, following these tips will help to ensure that you get the right warehouse for your needs.

1. Weigh Your Location Options Carefully

You can often get the best rental rates if you focus your search on off-the-beaten-path locations. While this may be appealing for your bottom line, you need to consider how an out-of-the-way warehouse may slow down logistics. Take note of how long it takes to access major highways from any locations you're considering and remember that the trucks making deliveries and picking up shipments will need to take that route regularly.

2. Know Your Current and Potential Future Space Requirements

When you're searching for office space, you usually think in two dimensions by comparing the square footage. Warehouses introduce a new dimension, as the height of the ceiling helps to determine how much inventory you can store inside. Think about both the square and cubic footage measurements of warehouses, looking for options that can meet your current spatial requirements and give you some room to grow in the future.

3. Assess Your Inventory's Needs

What conditions will your inventory require to remain in sellable condition? You may have to locate a warehouse with climate and humidity controls and refrigeration to meet those needs. In addition, be sure to inquire about what fire suppression and security systems are in place to protect your inventory.

4. Consider Your Equipment

Your warehouse space will need to have enough room for the equipment that your employees will use daily to maneuver safely, so pay careful attention to the layout of the space and the sizes of any hallways and doors. Know what wiring is in place in the building and what your current equipment requires, and don't forget to find out the weight limit of the flooring to verify that it is strong enough to support your inventory, your employees and your equipment.

5. Examine the Dock and Parking Lot

Double-check that the loading dock has enough loading doors and space to accommodate the number of trucks of the size you anticipate visiting the warehouse. You'll also need to assess whether the trucks can navigate the parking lot and if there is enough room for all of your employees to park.

6. Don't Forget About Your Team

Never lose sight of the fact that your warehouse is going to be a workplace for some of your team. Put yourself in their shoes and think about how comfortable and convenient facilities would be to work in every day. Taking your team into account can help to reduce the risk of high employee turnover.

7. Hire a Tenant Representative Broker

A tenant representative broker can help you find a warehouse location that meets all of your needs. Brokers also act as your advocates during the negotiation process, so that you can get a fair deal that is in line with current market trends.