“There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” – Colin Powell If you’ve worked through the lease vs. own analysis for your next building and you’ve decided that owning is for you, Congrats! You have reached yet another decision point. Should you buy an existing facility or develop a new …
Ultimately, companies build new facilities for a few different reasons, some of those include: increasing facility output and efficiency, reducing operating costs such as production or warehouse operations, and to enhance customer service levels. While the specific layout and functional aspects of each design varies, one fact remains: a thoughtfully designed industrial facility that is well run and efficient will …
While construction industry professionals know how a high-quality commercial facility should be designed and constructed, navigating the complexities of commercial real estate strategies for their own businesses can present an entirely new set of challenges. One of the most important decisions construction-related business owners face is whether to lease or buy a facility for their own operations. Leasing versus buying is a choice that can significantly …
Thank you to Leah Saunders of PRNewsChannel.com for featuring John Jackson, Author of Warehouse Veteran in her recent blog post, New book by ‘Warehouse Veteran’ offers key industrial real estate advice! Check it out below: Buying, selling, developing, or leasing industrial real estate is a complex and lengthy process. And with millions of dollars on the line, it’s critical to …
Should you stay or should you go? Understanding the leasing process is a huge opportunity for you to transform your business through relocation or renewal. After conducting your location needs assessment with your real estate advisor, you may consider renewing or relocating depending on the current market conditions. Whether you decide to stay or go, knowledge is key. Take the time to …
I often see property owners shooting from the hip when selecting a commercial real estate broker to represent them in the sales process. While most people enjoy working with people they like (me included), too often, relationship elements end up driving the selection process. Working with an advisor who listens, communicates well, and is friendly is an easy path to …
Regardless of what you’re developing or purchasing, whether it’s a 5,000-square-foot building or a million-square-foot distribution center, you need a defined process for checks and balances to manage due diligence and ensure you’re not leaving out any steps through acquisition, design, and construction. Your process must mitigate as much risk as possible by following a known pattern for success in …
You’ve heard the saying, “don’t just work in your business, work on your business.” When it comes to industrial space, you must integrate your company’s long-range strategy into the decision making process for purchases and leases spanning five years or more. For starters, bring together your company’s key staff and advisors to work through your space requirement summary. You should …
Thank you to Jennifer LeClaire of GlobeSt.com for featuring John Jackson, Author of Warehouse Veteran in her recent blog post Two Emerging Hotspots In Central Florida Industrial! Check it out below: ORLANDO—Central Florida’s industrial market is extremely active, with strong demand driving millions of square feet of new construction. Fueling the need for industrial space are Florida’s increasing population, healthy employment rates …
Thank you to Ashley Gurbal Kritzer of The Tampa Bay Business Journal for featuring John Jackson, Author of Warehouse Veteran in her recent blog post, Meet the Tampa Bay ‘Warehouse Veteran’ and his real estate mission! Check it out below: As a commercial real estate broker and U.S. Army veteran, John Jackson has a passion for assisting business owners and …
