Warehouse Blog

Industrial Space Lease Austin

Posted by on Nov 22, 2013 in Warehouse space for lease | 0 comments

Industrial Space  Lease Austin Tenants are looking for industrial space for lease in Austin with various usages. There are different types of industrial space that are available that may or may not suit a tenant’s requirements. One of the most popular needs from tenants is to acquire small warehouse space for lease. Small industrial space in Austin for lease starts at anything below 5000 square feet. Typically the smaller warehouse property footprint does not allow for certain attributes that may be considered as important to tenants....

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Realtors break from Zillow and Trulia Summary

Posted by on Nov 12, 2013 in Austin Real Estate News | 0 comments

Realtors break from Zillow and Trulia Summary Many people feel since the advent of the internet and information at everyone’s fingertips a broker  for commercial real estate or an agent for residential real estate is no longer needed. The question comes up, “If I can find the information myself, why do I need a Realtor or Commercial Real Estate Broker?” Recently 8 residential real estate brokerages broke their ties with Zillow and Trulia. The main thrust behind this decision was the Austin Board of Realtors said that it...

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Austin Mini Storage Warehouses

Posted by on Nov 4, 2013 in Warehouse space for lease | 0 comments

Austin Mini Storage Warehouses

Austin Mini Storage Warehouses Originally called mini warehouses the common terminology today is self storage warehouse or mini storage  property in Austin. There is some liability associated with the word warehouse and this is why the change has occurred.  Under common law, a person who runs a warehouse in Austin where goods are stored for the general public is fully responsible for those goods that are stored.  Because landlords lease mini storage or self storage warehouses to tenants this is the main reason the terminology has changed....

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Austin Warehouse Space for Sale Report October 2013

Posted by on Oct 30, 2013 in Warehouse property for Sale | 0 comments

Austin Warehouse Space for Sale Report for October 2013 There are alot of buyers that look for Austin warehouse spaces for sale ,this is a summary of the supply of warehouse space in Austin for October 2013.  We can start with where the supply of warehouse space is in Austin by square footage. The thinnest area of warehouse properties for sale is in the 5,000 SF range or lower. Below are bullet points summarizing the supply of Austin warehouse space at 5000 SF or below. 5,000 SF or lower In the Austin area <5,000 SF there  are a total of...

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Landlord Tenant Relationships

Posted by on Oct 25, 2013 in Commercial Real Estate Austin | 0 comments

Landlord Tenant Relationships When a tenant enters into a lease agreement the landlord are not mutually exclusive relationship. Any good relationship between a landlord and tenant relations begins with a clear understanding of the rules and regulations along with provisions of the lease agreement.  During the lease period it is important that the servicing of the lease is done correctly and effectively. Renewals of lease agreements are an important part of the lease agreement as well because they do save a landlord the costs of improving an...

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Tenant Relocation Austin

Posted by on Oct 22, 2013 in Commercial Real Estate Austin | 0 comments

Tenant relocation Austin As a tenant there is going to be a time when you are looking to relocate or consider a relocation. This blog is about alternative strategies that may keep you were you are and as a tenant you do not have to relocate in Austin.  When should you first consider relocation?  Commonly, this happens upon your lease expiration.   If as a tenant you are a start up business with no track history and you are looking to lease a warehouse space, there are quite a few things when you first move into a space.  One of the key things...

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Tenants in Common Overview

Posted by on Apr 25, 2013 in Commercial Real Estate Austin, Commercial Real Estate Tips | 0 comments

When a tenancy in common arrangement is created, each individual owner, called a “co-tenant” or “co-owner,”

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Summary of an ALTA Survey and Zoning

Posted by on Apr 10, 2013 in Commercial Real Estate Austin, Commercial Real Estate Tips | 0 comments

 ALTA Survey and Zoning An ALTA (American Land Title Association) Survey is essentially a pictorial representation of the title showing a potential buyer the following elements: Boundaries Existing improvements Utilities and Significant observations ALTA Survey Costs Approximately 80% of surveys will cost a buyer $3,000-$6,000. Some of the common issues in a survey are differing legal descriptions , easements and encroachments , boundary issues with neighbors, flood zones and non conformance with zoning. Summary of an ALTA Survey and Zoning ...

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Commercial Property Due Diligence

Posted by on Apr 4, 2013 in Building for sale, Commercial Real Estate Tips | 0 comments

The average turn time for a commercial real estate environmental study is 3 weeks with a cost of approximately $2000.00.

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Tenant Improvements Explained

Posted by on Mar 20, 2013 in Commercial Real Estate Tips | 0 comments

Tenant improvements explained Rarely in the case of commercial real estate does a tenant find a space layout that has a floor plan that matches exactly what a tenant wants. Tenant improvements also work a bit differently depending on the type of space you are looking at and is related usage.  Here is a snapshot of what you would looking at for office space, retail space and warehouse space. Office and Warehouse tenant improvements Office space allowances Office space will usually have a tenant improvement allowance involved, landlords know...

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Hiring a Tenant Representative

Posted by on Oct 4, 2012 in Commercial Real Estate Tips | 0 comments

Hiring an Austin tenant representative There are 3 important benefits to hiring a tenant representative when looking for office or warehouse space to lease in the Austin area. First, a tenant representative does not typically charge their clients directly Tenant representatives are paid by the landlord of the property. Secondly, the tenant representative represents your interests only, not the landlords so there is no conflict of itnerests involved. And thirdly, a tenant representative will know the market well enough to help your company...

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Renting a warehouse

Posted by on Oct 6, 2017 in Austin warehouse space for lease, Commercial Real Estate Tips | 0 comments

Renting a Warehouse in Austin? What is involved in renting a warehouse? If you are a new business and this is your first run at a warehouse or perhaps you are a young company moving from one warehouse property to the next this blog is for you.  Renting a warehouse is not just a process of finding something on the internet and cutting a deal. If it was that simple, then a commercial real estate broker or agents would not need any experience or any mandatory continuing education.  Let’s start with the simple things first, identification. ...

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Austin warehouse construction | Q2 2017

Posted by on Sep 25, 2017 in Austin Real Estate News, Austin warehouse space for lease, Warehouse property for Sale | 0 comments

Austin warehouse construction growing With Austin’s industrial market still below 10% for the past year , Austin warehouse construction is starting to see some emphasis. For the most recent quarter, occupancy rates remained the same with still positive occupancy.  New Austin warehouse construction delivered during the 2nd quarter of 2017. Most of the new construction was delivered in the Southeast sub-market. The SE sub-market has always been one of the highest concentrations of industrial product for the Austin area.  Of the 800,000+...

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Austin Industrial Market | Q2 2017

Posted by on Aug 7, 2017 in Commercial Real Estate Austin, Warehouse space for lease | 0 comments

Austin Industrial Market  | Q2 2017 Austin’s industrial market is still fairly tight , vacancies did move upward since the 1st Quarter of 2017. We are still hovering below 9% vacancy rates. In some sub-markets the vacancy rates are as low as 2.2% , currently the Northwest area of Austin has the lowest vacancies. We tend to get a lot of calls regarding industrial space that is below 4000SF and a prospective tenant wants a dock high and 18 wheeler access.  For tenants looking for this type of solution, it will be a tough haul. Within the...

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Austin Warehouse Market | Q1 2017

Posted by on May 9, 2017 in Austin warehouse space for lease, Small Warehouse Market Monthly Report, Warehouse property for Sale, Warehouse space for lease | 0 comments

Austin Warehouse Market | Q1 2017 Here is quarterly report for the Austin warehouse market at the end of March 2017.  Current vacancies have remained relatively the same at 7%  with occupancies continuing to stay very high in the Austin Texas and Central Texas area.  Market fundamentals remain strong and average asking rents have increased since last quarter up $0.12 cents per square foot per year.  Demand continues and supply of  warehouse properties under 5000SF  has become even tighter. As a tenant looking to lease a property in the Austin...

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Buyer Loyalty

Posted by on Sep 28, 2016 in Commercial Real Estate Austin, Commercial Real Estate Tips | 0 comments

Buyer Loyalty For every buyer a commercial real estate broker works with, we come into contact with another dozen “pretenders”. Buyer loyalty is critical to an effective transaction as well as the commercial real estate broker’s loyalty to the Buyer as their client.  Pretenders use the Broker’s time and effort only to glean information from them and feel no buyer loyalty to buy a property that the Broker shows them during their engagement.  Also what may happen is the Buyer make try to cut the Broker out of their...

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Tenants in common

Posted by on Sep 7, 2016 in Commercial Real Estate Tips | 0 comments

Tenants in Common In some commercial real estate markets it is difficult to convert rental apartments due to rent controls and condo conversion laws. Innovative real estate investors have found a way to circumvent the restrictive nature of the market by utilizing tenants in common also referred to as TIC.  Tenants in common is a popular form of joint ownership which creates a hybrid type commercial real estate property. Snapshot of Tenants in Common and how it works Consider you have a four unit rental property that is depressed but due to...

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Austin Warehouse Market |Q2 2016

Posted by on Jul 22, 2016 in Austin warehouse space for lease, Small Warehouse Market Monthly Report, Uncategorized, Warehouse space for lease | 0 comments

Austin Warehouse Market | Q2 2016 Here is a summary of the Austin warehouse market for the 2nd quarter in 2016, it is looking like we are headed for a 20 yr low for vacancies. Current vacancy rates in the Austin area are coming in at below 7 percent currently at 6.7%. There is alot of corporate interest in Austin and the city’s incentives to get the attention of large corporations. Most warehouse spaces that are being occupied are smaller in size below 30,000SF. Lease Rates for Warehouse Properties Austin’s warehouse leasing rates...

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Warehouse Update

Posted by on May 5, 2016 in Austin warehouse space for lease, Small Warehouse Market Monthly Report, Warehouse property for Sale, Warehouse space for lease | 0 comments

Warehouse Property | Texas Triangle Dallas Houston San Antonio With the exception of San Antonio, the Texas Triangle reached it’s lowest point of new construction since the 1990’s. The following is a warehouse update on what is going on in the Texas Triangle area.  Austin and Dallas hit their lows for warehouse properties in the months of May and October in 1992 with Houston to follow in 1993. The most construction for warehouse properties is currently in San Antonio, whereas San Antonio did not hit its low for warehouse...

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Austin Warehouse Market Update

Posted by on Apr 28, 2016 in Austin Real Estate News, Austin warehouse space for lease, Commercial Real Estate Austin, Warehouse property for Sale | 0 comments

Austin Warehouse Market Update – May 2016 The Austin warehouse market continues to drive vacancies lower and demand remains strong.  Moving into the 2nd quarter of 2016, the warehouse market in Austin to move lower by another 1%. Currently the warehouse vacancy rate is at 7% , this is level that has not been seen since the tech explosion in the late 90’s. Of all the sub-markets in Austin three of them have vacancy rates below 1% thus almost having 100% occupancy. If construction does not take off with more product the rental rates...

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Warehouse leasing

Posted by on Mar 9, 2016 in Austin warehouse space for lease, Commercial Real Estate Tips | 0 comments

Warehouse Leasing Warehouses are also listed as industrial property within the commercial real estate industry. What does it take when it comes to making a decision about warehouse leasing for your company?  Do you know what your future needs will be?What about the difference between buying a warehouse versus leasing a warehouse, and utilizing a specialist broker in the warehouse space silo to help you navigate your potential solutions. Growth Near Term and in the Future? Do you have enough warehouse space to hold your inventory now and in...

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