For those working in the warehouse and distribution industry, the continued rise of E-commerce (up to 10 percent over the next five years) will create a lot of opportunity. More than 150,000 people in the U.S. work in storage and warehouse leasing and as companies such as Amazon continue to expand, jobs are sure to be plentiful.
Since 2000, the amount of occupied distribution and warehouse space has increased by nearly 90%. SO if your company is looking for warehouse space it’s important to consider the following:
- Space: If you’re leasing a warehouse, you’ll want to know how much space you’re renting and to make sure you’re only getting charged for the space you use.
- Operation costs: It’s also important to know what your operating expenses are going to be especially when you take things like taxes and maintenance into account. Find out what the landlord contributes to bills too so you don’t get stuck footing the bill for a major repair that you had nothing to do with.
- Maintenance: Let’s say you’re going to be renting a warehouse for modular warehouse offices. Before they’re constructed, there’s likely going to be some required maintenance. Again, make sure you know what you’re paying for so you can avoid unwanted surprises.
- Expansion: Let’s say in your plan for building modular warehouse offices that you accidently leased more warehouse space than you actually need. If that happens, check with your landlord and discuss the terms of your lease. You might be able to negotiate with tenants around you and to also be able to have the space put in reserve in case your business expands or you need the extra space.
- Electricity: Whether you’re leasing a warehouse for storage or for creating modular warehouse offices, you’re going to need a consistent lightning sources and consistent sources of power. You’ll want to confer with your landlord that all your electricity needs will be met. The last thing you need is a power outage or a blown transformer at the worst possible time.
- Shipping/Delivery: If you’re leasing a warehouse for business purposes such as packing and shipping, you’ll want to make sure you’ve got room to perform both tasks. You’ll want to be sure you’ve got room for equipment, for delivery trucks and any products and materials that you’re packing and shipping. Regardless of what you need the space for, you want to make sure you’ve got all the materials to make the best use of the space.
If a company is wanting to build warehouse offices, there are many benefits to modular construction. In fact, prefab and modular construction is used by 90 percent of engineers, 84% of contractors and 76% of architects. Benefits of modular construction include:
- Modular constructions can reduce energy consumption during the building process by around 67% and reduce energy costs later on for occupants of the space.
- Modular methods allow for speedier construction times while still maintaining quality. In fact, a Chinese modular construction company recently built a 57-story building in just 19 days That means that any modular warehouse offices or warehouse partitioning system you’re wanting to build can be done quickly and easily.
- A report by the Building Industry Association of Philadelphia estimates that going modular can reduce construction cost by between nine and 20%.
- Since 60 to 90% of all prefabricated construction occurs in a warehouse or factory, projects like building modular warehouse offices can be completed much faster when using these methods.
If your company is considering warehouse leasing and modular construction, it’s important to do the necessary prep work before you lease the space to find out exactly what you’re paying for and how much and how long you’ll be paying for it. You also want to make sure you’ve got ample space to conduct business. When it comes to modular construction, there are many benefits that come with it and your company will be able to construct what it needs faster, for less money and that will be of high quality.