The Aurora Foods building in Toronto, Canada, just after the roof was raised from 18 feet to 40 feet. This more than doubled the cubic space of the 100,000-square-foot facility Increasing clear heights in industrial properties can make older buildings suitable for modern logistics uses. This article originally appeared in a recent edition
A well-placed conversion can bring financial returns for a storage operator. This article originally appeared in SSA and can be read here Source: SSA, Laura Fries As brick-and-mortar businesses continue to adapt and move online, insiders see valuable opportunities in this time of change for self storage. While converting former retail into
Can ceiling height affect property value and business profitability? Source: Colorado Biz, Glen Weinberg There are many studies that say height correlates with success and therefore earnings potential. Is this actually true for success in real estate? Does being taller actually help make more money than your peers? Unfortunately, the answer is
Large occupiers are more efficiently using warehouse and cubic space, which is resulting in increased building clear heights Source: Logistics Management, Group News Editor, Jeff Berman In a client research brief, entitled: “Measuring Up: Why Cubic Feet Matter,” CBRE explained that large occupiers are more efficiently using warehouse and cubic space,
Increasing clear heights in industrial properties can make older buildings suitable for modern logistics uses Source: ROOFLIFTERS, Mason Harris Cubic space. It’s a measurement that is increasingly more descriptive of the usefulness and value of today’s commercial and industrial space. With the rising costs of real estate and new construction, many
Many US warehouses lack modern upgrades: ceilings are low, flooring is uneven and space is tight. Source: CNBC, by Lauren Thomas The average age of a U.S. warehouse is 34 years, according to a survey by real estate services firm CBRE. And that likely won't cut it for a retail industry
Warehouse technology improvements and literally raising the roof accommodate demand in some U.S. markets Source: Biznow Boston, by Cameron Sperance Industrial vacancies in the U.S. are down and demand is up, causing developers in this formerly sleepy asset class to make technology improvements and literally raise the roof in some U.S. markets to accommodate
Putting the 'lift' in face lift: Developers give old buildings new life by making them taller This article originally appeared on NJBIZ.com and can be read here Source: NJBIZ.com Last summer, Woodmont Industrial Partners acquired a Class C, 103,000-square-foot building at 77 Moonachie Ave. in Moonachie. Since it was less than half a
Raising the Roof Making All the Difference in Warehouses Growth of e-commerce leading to higher demand for 40-foot ceilings This article appears in the Wall Street Journal by Robbie Whelan Eight feet of added ceiling height may not seem like a lot, but for warehouse builders, the extra clearance can be the difference
Increased demand for efficiency drives tenants to buildings with more clear height. Source: Midwest Real Estate News, by Richard Prokup, Sr. VP, First Industrial Realty Trust Over the last 30 years, the industrial real estate market has seen buildings grow taller to help high-volume tenants in their quest for increased warehouse efficiency. During the
