Buying, selling, leasing industrial property / warehouses

Industrial Partners is an expert in the field of buying, selling, and leasing industrial property /buildings/ and land.   Industrial Partners is known for their high quality buildings, experience and expertise of the market in industrial real estate. We have put together a list of important questions and facts that prospective customers would find helpful when making important decisions concerning their real estate plans.

 

FREQUENTLY ASKED INDUSTRIAL REAL ESTATE QUESTIONS FROM INDUSTRIAL PARTNERSLogo with Photo

Q:  What real estate markets do you serve?

A: Industrial Partners serves clients, prospects and fellow agents with industrial requirements in the state of Alabama. Our focus is primarily central Alabama markets.

Q: Do you specialize in any particular types of commercial real estate properties?

A:  Industrial Partners has experience with commercial, office, and industrial real estate but we specialize in the industrial side of it. Industrial Partners, LLC maintains a portfolio of over 2,000,000 square feet of masonry, pre-cast concrete, or tilt-up buildings with spaces available from 3,630 square feet to 150,000 square feet.  In addition, land is owned in several industrial parks and Industrial Partners has the experience and expertise to design and build a facility to meet your company’s specific requirements.

Q: What are some important factors to remember when  searching for property?

 A: First you need a plan (buying, selling, leasing, investment) and to know your needs. Second,  finding an expert in the business that is knowledgeable and capable of helping you meet your needs. Remember that  the quality of a building and it’s location are very important in making your decisions on if a property is right for you.

Q: What do industrial real estate brokers need from their clients to be effective?

A: A broker needs to understand the client’s budget, motivations, needs and overall objectives  in a property. It is important for a client to know negotiation is sometimes necessary as a buyer or seller.

Q:  In getting started searching for industrial space, what does the client need to provide their real estate agent with?

A:     Geographic parameters

Space square footage

Need of space for expansion in future?

Class building preference: A, B, C  

Type of transaction:  buy/sell, lease, investment  

Special requirements: office, clear height, dock doors, bay spacing, drive in doors/ramps, ect. ,

Building amenities

Budget for project

Q:  What does  “build out”  mean?

A: The space is available to be finished to suit the demands of the tenant. The finishing of the space to the tenant’s requirements is called ” build out” . Negotiations can include the improvements that will be made, and who will pay for the improvements.

 Specific questions about Industrial Partners  –  answered by Nim Frazer 

Q: How many years have you been a commercial real estate agent/broker?28603_109275339114837_2119088_n[1]

 A: Approximately 27 years and a member of SIOR for 15 years.

Q: What sets you apart from other commercial real estate agents?

A: My experience, training, and the associations that I am involved with that have a specific focus on industrial real estate. I’ve been dealing with the buying, selling and leasing of industrial property for almost 30 years. I believe that it is very important to qualify your clients on the front end and know your client is serious and capable of business.

Q: Can you tell me more about the clients / tenants you represent?

A: They clients/ tenants I represent are owners, developers, manufacturers and distributors that are in need of industrial real estate or land.

Q: What are the current trends in the industrial real estate market?

A: Green properties, these properties are more energy efficient as well as affordable for the owners and users, making them very attractive to clients.

Q: Do you just work with leases or do you represent buyers and sellers too?

A: I work with leases, buying and selling of industrial buildings and land.

Q: What Industrial Parks do you have buildings in?

A: Montgomery Industrial Park, Gunter Industrial Park, Interstate Industrial Park,Antioch Plains Industrial Park, Fox Run Business Park in Opelika, AL ,  Nances Creek Industrial Park in Piedmont, AL .

Q: Is it a good idea to lease more space then I need?

A: Position your business to expand when needed if your budget will allow.

Q: What distinguishes Industrial Partners from the competition?

A: The higher quality of industrial buildings we develop, as well as our 40 years of experience in the business. Industrial Partners has access to capital and thorough knowledge of financing.

Q: How would you describe your product?

A:   A – B+   industrial buildings both single tenant and multi-tenant investment grade buildings, no metal buildings.

Q: As a Real Estate broker, what are your strengths?

A: Being a member of SIOR, this 15 year membership has created countless relationships with other real estate agents throughout the country. Additional strengths are my development experience and my acute knowledge of the market that benefit me in standing out from other agents.  Industrial Partner’s owns, leases and manages our own properties allowing me to more informed and personal with clients and tenants. Being an avid learner as well as understanding the importance of patience is key to continuing a successful business.