10 Key Things To Know Inside a Warehouse

[@j.d.glennyycindustrial6035]

One of my favourite videos that you have done. Lots of great information on a new industrial project form start to Tenant possession. Plus you chose a great developer in Remington Development Corp to help with the wealth of information shared. Very well done! Thanks for making this! Will definitely be sharing this one!

[@industrialize]

Much appreciated JD! I fully agree with your comments about Remington, I truly believe their commitment to service & excellence makes them a premier developer!

[@michaelfrempong1201]

Thank you so much Chad. Accidentally bumping into your channel has been a life save😅. I have How do I get a in touch. I have a brand new warehouse which will be completed some time in December this year. Prime location on a highway in Ghana. The problem is I am new to this industry and I don’t know what to use it for. I am a medical doctor by profession.

[@industrialize]

Glad to hear it's been helpful Michael! I don't like putting my email in comments as it can lead to a bunch of spam so the best way is to send me an email using the contact form.

[@yakovpertchik403]

What an awesome video. Insightful, hard numbers, great questions. Planning a development up in Canada, this couldn't have come at a better time!

[@industrialize]

Glad it was helpful Yakov, best of luck on the development you have planned!

[@noahdavis8722]

Would love to see how tenants are selected and how buildings are designed to meet local market needs. For example, a tenant that welds and creates a lot of air pollution wouldn't mesh with a tenant that distributes porous food products as it would contaminate. How does the tenant that welds not affect Amazon's products in the next bay? (especially considering the fact that cardboard will absorb any aromatics)

[@industrialize]

Great question Noah and a topic I'll definitely explore in more detail, either when I interview owners or as another stand alone video. I misspoke in this particular video when I said Amazon was in the same building (I meant to say industrial park). Amazon is just down the street from this building in a free standing building of roughly the same size, but your point about incompatible tenants in the same building is a very important topic. I appreciate the comments and will aim to speak about it in more detail in future videos.

[@dbenshmuel]

Beautiful job addressing key info for investors, developers, and brokers looking to get into this space. We need more creators like you that don’t waste our time. You need to start charging us for this!!

[@industrialize]

Thank you Daniel, I appreciate the comments!

[@guill1234downey]

Don't forget us, the owner user, and hopefully soon to be investor.

[@clarencewong9073]

Really helpful, Chad. Thanks for interviewing Kris and running through these concepts!!!

[@industrialize]

Thanks Clarence, greatly appreciate the comments!

[@drivendesignrc]

Really great info. refreshing to watch genuine educational videos without feeling like i'm getting a sales pitch

[@industrialize]

Thank you Robert, appreciate that feedback!

[@tysongrona6604]

Thats one beautiful asset! Appreciate the electrical considerations; a whole new video in itself!

[@industrialize]

Agreed! As I see it power will be one of the most important considerations to follow going forward ⚡️

[@BH-nm4xl]

Chad - i'm a commercial real estate industry member historically mostly on the equity and acquisitions side but now starting to get onto the pre-development side (so entitlement etc) for industrial development as a principal and this stuff is really helpful. just wanted to say i'm very appreciative for these videos and really learning from the content. also loved the one you did on 'state of the industrial' market and esp. the middle pundit on that one (JD?) - really appreciated his perspective on north/south vs east/west logistics and in general his insight. thank you for doing these

[@industrialize]

I truly appreciate the feedback and I completely agree about that guest (KC Conway) who is undoubtedly one of the smartest people I know. Best of luck as you start getting into more the industry further!

[@Balo1997]

Good video, I am currently looking into building a few warehouses and it is very useful to see how other people build theirs.

[@industrialize]

The great thing about warehouses is there's a lot of overlap regardless of where it's located. Ceiling heights, loading doors, loading area, power etc are key components for tenants all over the world!

[@WillBockovenCRE]

This content is pure gold

[@JackLyman2001]

Super helpful information. Thanks so much keep up the great content!

[@industrialize]

Thanks Jack!

[@FinancialFreedomMadeSimple]

Thanks for sharing these information Chad.

[@industrialize]

Thanks for watching Kristiyan!

[@shahidsaleem5409]

Very informative and structured question, nicely done

[@industrialize]

Thank you Shahid!

[@tcs9998]

Awesome video Chad. Thank you

[@industrialize]

Very much appreciate the comment!

[@kellysellers873]

Cool insight into the plan and process of the build

[@willprettyman6169]

Very helpful

[@industrialize]

Thanks Will!

[@victoryang706]

great content Chad! Learned a lot.

[@industrialize]

Thanks for watching and the comments Victor, I'm glad it was helpful!

[@aislam717]

Very helpful video Chad! Great content 👏

[@industrialize]

Much appreciated Ahmed!

[@chicken3365]

Great work Chad. I've just started learning about commercial properties as I will be purchasing them in the future as investments. Your videos are awesome - thank you! Question - are there any other free/paid resources that you would recommend to build a good base level knowledge of commercial properties (warehouses for example)? I live in Australia so something not too geography specific would be terrific. Thank you for your time brother❤. Rory.

[@industrialize]

Hi Rory, here is where I'd start: Websites that have great articles on industrial: Globest.com Biznow.com NAIOP.com SIOR.com Brokerages that put out great reports (internationally and locally): CBRE.com JLL.com Colliers.com Cushmanwakefield.com NAIGlobal.com AvisonYoung.com If you were to start reading their articles you would gain a ton of knowledge in a short period of time!

[@bobkruz6298]

very good video!! keep it up! learning a lot of new information. i was wondering what the cost would be to build a warehouse like this? and how much land you would need to develop this kind of building. we have 8 aces of industrial land and we want to build a warehouse on it but don't know where to start.

[@industrialize]

Thank you Bob! A building like this will likely be in the $150 per square foot vicinity, but could easily be more or less depending on your market. For the amount of land you would require, I'd recommend doing a survey of your market to determine what average site coverage ratios are. There will likely be some setback requirements by your municipality and you also want to account for the loading area and any yard storage. An architect that specializes in industrial real estate in your area would be a great resource to help determine the optimal amount of warehouse space you could build on your 8 acre site.

[@houmanghasemian3580]

Awesome great value... thank you

[@industrialize]

🙏

[@DannySims]

Thanks for putting this together! Are you seeing clear span projects in your market? Do you see them only under a certain building size?

[@industrialize]

Great question! The majority of large distribution centers I'm seeing still have 50-60' column grids but some smaller manufacturing buildings (under 20,000 sq ft) are going clear span. It's still not overly common though as it adds a lot to the cost.

[@DannySims]

@@industrialize Makes sense. Thanks!

[@alecmcehinny4510]

Really great video!

[@industrialize]

Thank you Alec!

[@LandLord05]

Great video, make more video with construction details from 0 to 100% in industrial real estate

[@industrialize]

I'll definitely add more videos featuring construction this year!

[@germancontreras4448]

Amazing video!

[@industrialize]

Thanks a ton German!

[@richardduncan3403]

Great insights Chad

[@industrialize]

Thanks Richard!

[@FloFontanella]

In Florida, do you see A/C being installed at the door just like they have heating systems in cold weather? (minute 14)?

[@industrialize]

Doubtful most would go through the expense unless they had elaborate a/c systems installed

[@FloFontanella]

I am in FL and there are many warehouses that don't have columns at all. Which ones are those that normally have columns?

[@industrialize]

It's common to see distribution centers / fulfilment centers have columns but ones that don't can be quite attractive from a clear span perspective

[@cathychen9829]

Can you explain about bay depth

[@industrialize]

Great question. To some degree there is an inherent tension between what a tenant prefers and how the developer intends to maximize site coverage. Depending on their operations, a tenant may prefer a certain configuration, or may be prepared to work around what's standard in the market. Conversely, a developer will look to maximize the amount of square footage they can build while still being sensitive to truck court areas / mashalling space plus any onsite yard storage. There's a tension there because both the tenant and developer are trying to maximize their own efficiencies. For larger spaces the bay depth isn't as noticeable, but if a tenant were to take a smaller bay (in this particular case a bay as small as 11,000 sq ft is possible), it will be a long, narrow space. This might work for some tenants, but it will be incompatible with others. One point I'd emphasize is that unless a tenant is prepared to do a build-to-suit (which may come with a correspondingly higher lease rate), than they will either have to work around any of these conditions or find an older property. In either case, these newer buildings are undeniably being built with larger tenants in mind, so smaller tenants will have to determine what they can and cannot live with. Bay depth is one of those considerations.

[@plants2plasticplasticjars161]

Nice job very informative

[@industrialize]

Thanks Kenneth!

[@plants2plasticplasticjars161]

@@industrialize I wish you were in Southern California. I am trying to find out what the heck is going on in my local market to spike industrial prices to $2.30 per sq ft gross. Was $1.10 gross 2 years ago. I notice in the last month that buildings that are listing are not really getting rented in the same time frame within Orange County Ca.

[@industrialize]

@@plants2plasticplasticjars161 I have a guest coming on from socal in a couple weeks so I'll ask him!

[@Izzy-qf1do]

Great video

[@industrialize]

Much appreciated!

[@nadjakovacevic6132]

great infos!

[@industrialize]

Thanks Nadja!

[@CamperMan727]

I don’t understand how a building of this caliber can be profitable at a $9 psf rental rate. I would love to know what their total development cost psf cost is.

[@shitijm]

when does a customer need 20-30feet height vs standard 10-12 feet office /warehouse?

[@industrialize]

Most industrial uses require higher ceilings either to maximize storage through racking or for manufacturing processes

[@craftsmanshippalace7777]

golden!!!!

[@industrialize]

🙏🙏

[@craftsmanshippalace7777]

@@industrialize my man! i appreciate it i got this playlist and another im a future cre and industrial broker i appreciate it.

[@industrialize]

@@craftsmanshippalace7777 you'll love this industry, can't think of any other career I would have enjoyed more!

[@craftsmanshippalace7777]

@@industrialize yes sir notes taken! see you on the other side.

[@shanep.9442]

Thanks Chad, great video! I believe the thumbs down button has been removed by KZbin...it was deemed too harsh for our current politically correct world. 😉

[@industrialize]

Thanks Shane! It’s a shame about the dislike button, I truly felt that was a good indicator of what worked and what didn’t. Sadly the world is definitely getting softer every day now.

[@theraddadinvestor1000]

2k 🔥🔥🔥🔥

[@industrialize]

Took down a nice bottle of wine with the wifey to celebrate haha

[@theraddadinvestor1000]

@@industrialize 💯💯💯💯 congrats buddy!

[@industrialize]

@@theraddadinvestor1000 Thanks Joe!

[@tanereyu7699]

you're the man chad

[@industrialize]

Thanks Taner!

[@invtrk1046]

Great video

[@industrialize]

Thank you!