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SPECIALTY SERVICES:
Industrial Property Checklist

Things to consider when choosing industrial property:

Location: Near transportation
Highways
Airports
Railroads
Seaports/ Riverports
Visibility from major highways

Labor
Low wages
Skilled
Nonunion

Markets
Proximity to targeted market (shipping costs to markets)

Zoning
Will zoning allow you to do what is required by your company?

Incentives from local government
Tax incentives to locate to the area

Access
Raw materials
Loading Docks
Drive-in Doors
Rail Spur
Truck Turnaround Space
Employee Parking
Client/Customer Parking

Security
Fence
Alarms
Guards

Space
Yard Storage for Machinery, Materials, Waste
Room for Expansion

Utilities
Electricity - Three-phase
Water
Natural gas
Sewer
Chemical Handling
Waste Disposal Systems

Building Features
Floor Space (Square Feet) __ Ceiling Height (Clear)
Bay Spacing
Span Distance
Floor-Load Capacity
Lighting
HVAC
Sprinkler, Fire Hydrants
Cranes
Freezers
Computer Rooms
Clean Rooms
Furnaces
Extreme Security

Once you decide to sell or lease office space, a Commercial specialist will tailor a marketing program designed for your needs and will assist you every step of they way.

Industrial Property Improvements Checklist

Considerations if you are buying industrial property improvements

Will property need major repairs soon (depreciation)?
Roof
Parking Lot
Walls, Foundation

Competition for Tenants
· What comparable properties are available?
· Will new comparable properties be built in the area in the near future?

Economic climate (as it affects the use of this building)
· Local
· Regional
· National

Existence of latent liabilities
Toxic Wastes
Asbestos
Underground Tanks

If industrial property is tenant-occupied consider:
· Credit of Tenant
· Terms of Lease
· Future of Tenant's Business and Industry

Once you decide to sell or lease office space, a Commercial specialist will tailor a marketing program designed for your needs and will assist you every step of the way.

  
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