The demand for industrial real estate continues to increase in Dallas. Due to its central location between coasts, proximity to Mexico for border trade, and air access, the city is a key national logistics hub. Additionally, the city boasts a strong economy with affordable living costs compared to other metropolitan areas in the United States.
As an industrial real estate buyer in Dallas, there are many opportunities to take advantage of. Therefore, it is crucial to work with an expert industrial property brokerage firm when considering the following factors:
Location, Location, and Location
Considering the ‘location’ of your industrial property purchase is important, as many industrial operations and warehousing depend on seamless loading, unloading, and transportation of goods. Therefore, one of the primary factors to keep in mind is accessibility. For example, does the property offer quick and hassle-free access to major transportation hubs, including road, rail, port, or air?
Industrial properties should also be checked for convenient entrance and exit designs for trucks and other vehicles to navigate easily. Also, consider other location factors such as seismic activities, flooding, or environmental conditions that can cause potential problems later on.
How Much Space?
Industrial operations often require stocking bulk amounts of materials. As an industrial real estate buyer in Dallas, you need to determine how many square feet you will need and how much you can afford.
Clear Span
If you operate lots of mobile machinery or forklifts, you would need to understand the clear span of the industrial property. If you invest in industrial property, you must optimize your industrial and warehousing operations to fit the existing floor plan. Additionally, if you are utilizing the space for storage, you may consider taller ceilings to store goods vertically to keep costs down.
Conclusion
Considering these factors in mind will help you find an industrial property and quickly eliminate those properties that are not suitable for your needs. It is advisable to partner with an industrial real estate expert who can assist you in determining your property, including those you may have not even considered.
