For those looking for industrial space for lease, know that the market is not what it once was, pre-COVID. Things have changed, and we believe they have changed for the better.
We are Fort Worth Design District, located in the Alliance Area of North Fort Worth, and it is our business to follow the commercial and industrial real estate market and know what’s happening. Call us at 817-439-3224 for more information about the Fort Worth real estate market. With over two-million square feet of commercial and industrial property for rent, our advice should be helpful for you, no matter what you are looking for.
What is industrial space for lease?
Industrial space is generally considered property where items are managed or items are stored before being shipped to the market. Think a warehouse for rent, or an office warehouse for rent, a garage for rent, or a shop for rent.
Traditional vs post-COVID industrial space for lease.
The traditional industrial space, prior to COVID, was the classic grey, rectangular-shaped building, usually made from steel construction and cement exterior. It was antiseptic in appearance, it was functional but not appealing, and it was expensive to construct. Take a drive and you will no doubt pass by many of these relics from the past.
Unfortunately, relics eventually go the way of the dinosaurs, and that is what we are seeing these days now that all COVID restrictions have been lifted, and now that so many businesses are allowing remote work. Large warehouses are no longer needed, especially those which rent for exorbitant prices.
As the workforce transitions, and morphs into a new entity, so too the buildings which shelter that workforce must morph. Large warehouses are not needed as they once were. Small businesses need smaller spaces, cheaper spaces, and that means it is time for some innovative thinking in the business world.
What should you do?
You should think outside the box. If you are the owner of a small business, you need to think creatively. What does that mean? Take, for example, Box Office Warehouse Suites, in the Fort Worth Design District. There, all rental properties are made from refurbished shipping containers. They are small properties, 320-square feet in size, they are inexpensive, and they perfectly meet the needs of a new workforce/business world.
Or, take for example Paddock Place Office Suites, also in the Fort Worth Design District, a coworking space where business owners can rent an office suite by the month, thus saving thousands of dollars on a full-time lease.
These are just two examples of thinking outside the box and finding new solutions to new situations. What could you find in your city if you started looking with a fresh perspective?
A final word about Fort Worth Design District.
The Fort Worth Design District is actually three business parks: Box Office Warehouse Suites, Paddock Place Office Suites, and Golden Triangle Business Park. We are locally owned and operated, and we have our finger on the pulse of the Fort Worth Market. Call us today.