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Warehouse space is a commercial building for storage of goods.
Warehouse space are used by manufacturers,
importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain industrial buildings in areas predominately just
outside of cities or towns. Most
warehouse space for lease come equipped with loading docks to load and unload trucks; or sometimes are loaded directly
from railways, airports, or seaports. They also often have cranes and forklifts for moving goods, which are usually placed on ISO standard pallets loaded
into pallet racks.
The direction and tracking of materials in the warehouse is coordinated by the WMS, or Warehouse Management System, a database driven computer program. The
WMS is used by logistics personnel to improve the efficiency of the
warehouse space by directing putaways and to maintain accurate inventory by recording
warehouse transactions.
Traditional warehousing has been declining since the last decades of the 20th century with the gradual introduction of Just In Time (JIT) techniques designed
to improve the return on investment of a business by reducing in-process inventory. Thus,
warehouse space for lease is easy to find in many markets today.
The JIT system promotes the delivery of product directly from the factory to the retail merchant, or from parts manufacturers directly to a large scale factory such as an automobile assembly plant, without the use of
warehouse space.
However, with the gradual implementation of offshore outsourcing and offshoring in about the same time period, the distance between the manufacturer and the
retailer (or the parts manufacturer and the industrial plant) grew considerably in many domains, necessitating at least one warehouse building per country or
per region in any typical supply chain for a given range of products.
Recent developments in marketing have also led to the development of warehouse-style retail stores with extremely high ceilings where decorative shelving is
replaced by tall heavy duty industrial racks, with the items ready for sale being placed in the bottom parts of the racks and the crated or palletized and
wrapped inventory items being usually placed in the top parts. In this way the same building is used both as a retail store and a
warehouse space for lease.
On BuildingSearch.com you will find many
warehouse space listings either for rent or for sale under the industrial/warehouse search filter on advanced
property search engine. You can find the advanced search engine and query for
industrial warehouse space by clicking on a region on
the homepage.
The
warehouse space for rent market is highly dynamic and under a recent resurgence due to the recovering US economy. Vacancy rates have diminished
considerable for the
warehouse space market. Nonetheless, you will find quite a few
warehouse space rental opportunities for each major US city.
You will also notice a lot of
warehouse space for sale listings on BuildingSearch.com as well. The
warehouse space for sale has enjoyed recent growth
in many markets over the last 5 years.
Most industrial
warehouse space is found just outside of any US central business district.
Warehouse space is often characterized by the bay depth or
ceiling height of the building or “clear height”. Also, internal columns for structural aspects of the warehouse building will determine its value in the
industrial warehouse space for rent marketplace.