Many companies are reluctant to approach the subject of a potential relocation. This is usually due to being accustomed to a particular location. In the background, there is also the comfort of not being challenged by the move.
However, it is important to remember that changes bring many benefits. The end of a lease is the ideal time to renegotiate the terms of a future lease, verify available solutions on the market, and prepare an appropriate negotiation strategy. To put it bluntly: moving is a difficult and involved process of change, which enables the company to grow quickly, and allows for great savings.
The use of best practices, lessons and lessons learned from operating in the current location will avoid process errors, bottlenecks or operational slowdowns. Optimizing these activities guarantees operational improvements in the building, which directly translates into lower logistics costs.
Rent. An experienced advisor will help arrange the negotiation strategy so as to create the maximum competitive environment, and add value to the process of acquiring new space. In this way, he or she can secure the best market lease offer. The warehouse market is very dynamic. Market practice shows that developers are able to provide a more attractive rental rate in a new location than the owner of the facility where you are currently located.
Better building standard related to the overall ergonomics of industrial buildings. For all industrial buildings for which a building permit was issued after September 2017 have an increased heat transfer coefficient for walls and roofs. In practice, new industrial buildings are better insulated from external conditions. It translates directly into heating costs in winter and comfort in the facility during the summer. Another factor is LED lighting, found as standard in new facilities, whose lifespan is much longer than older technologies, and whose energy requirements are much lower. Combined with lighting automation and additional natural light in the loading area, the savings on energy bills are strongly noticeable.
Property tax exemption. The advantage of new warehouse facilities is that they are exempt from property tax in the first calendar year of lease. This follows directly from the law. Depending on the municipality to which one decides to move, the exemption period may be longer. Some municipalities to encourage investors offer an extended property tax exemption period of 3 or 5 years! Secondly, technical specifications. A new location, chosen at a stage when the project is still in the planning or early construction phase, allows the building to be adapted according to the expected layout of the hall. In addition, a new site provides the opportunity to adapt to the often specific requirements of the tenant, and allows you to plan for expansion within the leased building. This allows for optimal development of operational space based on experience from the current warehouse and best practices.
Similarly, the new office. Social office space is designed and built by the developer’s design office, according to specific tenant guidelines. This optimizes the office and social space, which can be built to a higher standard, and gives comfort in planning future expansion.
Outdoor areas are another aspect that can be tailored to the tenant’s needs. Parking spaces, sheds, outdoor plazas can also be landscaped for exclusive use by the tenant. This further boosts the efficiency of the new facility. High work comfort. Streamlining the “work flow” of businesses – in addition to the savings factor – is a major selling point for moving to a new facility. Keep in mind that warehouse facilities are changing, and developers are meeting tenants’ expectations by offering solutions to facilitate warehouse operations. These include, among others:
A new warehouse also means fewer problems. New warehouse buildings also come with warranties on structural elements, which range from 2 to 10 years. It is worth mentioning that during this period the general contractor is responsible for repairing the elements covered by the warranty, and the tenant does not incur additional costs for this.
When deciding to lease a new building, tailored to your needs, it is possible to introduce ecological and environmentally friendly installations. Buildings equipped with photovoltaic panels, heat pumps or a gray water system are slowly becoming a standard. In turn, environmental certification (e.g. BREEAM) is already a standard.
The process of moving to a new location, despite the fact that it will require commitment on the part of the tenant, with the support of experienced advisors can bring financial benefits to the company as well as increased comfort. Often relocation also involves a change of location to a more prestigious, better exposed and more accessible location for employees and customers.