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If you are looking for industrial premises to purchase or lease, there are numerous things that must be considered. Whether leasing or making a purchase, care must be taken to make sure it will meet your specific needs. A commercial real estate broker can be invaluable when considering such action.

Locating a real estate broker

Care needs to be taken when choosing a real estate broker. Therefore, it is always a good idea to check out several, prior to making contact. This is simple to do with today's high-tech world and can help avoid later problems regarding the property.

Have Convenient Transportation Facilities

When looking at prospective locations, check the availability of nearby highways if you have a lot of shipping to do. Easy on-off access can make it simple to quickly manage transport. In addition, if you are trucking, always check the surrounding area to see if the road conditions are adequate. Be sure there will be sufficient parking for both employees and customers.

Allow Expansion Room

Many businesses have found themselves in a space that doesn't leave room for expansion. Therefore, planning ahead and ensuring that you have adequate space for now and in the future is always a good idea. Until expansion is needed, any excess space can be leased or sublet out, which will be an additional source of income.

Look At Utilities

Obvious things to consider are utilities, Internet access, and how much power is available with the needed connections to operate your equipment. Your real estate broker will have this information on hand. When first making contact with the broker, having a complete list of needs will answer these questions.

If you are looking at space in an industrial park it is especially important that you check out the restrictions and rules as they can be quite strict. If leasing, there are a number of other things to be considered. Whether purchasing or leasing industrial premises, all papers need to be reviewed by your lawyer before signing. This article is the personal opinion of Glenn Duker only and does not represent legal advice.