Posts by Alex Musetti

5 Factors Industrial Companies Need to Consider When Renewing a Warehouse Lease

Alex Musetti on September 29, 2021

Business leaders across the country are cautiously observing one of the tightest industrial real estate markets on record with vacancies as low as 1.7% in some submarkets per our most recent Industrial Market Report. Relocation options are scarce and it seems like every week there is a record breaking rental price published above asking much to the investment community’s jubilee. On top of that, companies are facing unprecedented challenges from various areas—supply chain disruptions, inventory overflow needs, labor shortages and some of the highest rental rates for industrial facilities ever seen. During these times an effective tenant representation broker—an advisor who can act confidentially, delivering the in-house tools and services necessary with zero conflicts of interest—is worth their weight in gold.