Turnkey The New Year
We increasingly provide "turnkey" services to our clients when leasing or buying industrial property. What is turnkey? It's a delivery method where a single entity manages the entire project from design to completion. The client receives a fully operation, move in ready property upon project delivery. While our primary focus is industrial real estate leases and sales, virtually every adjacent aspect of the warehouse is another skill set or specialist that is needed to analyze and optimize, to design, bid, build, or to schedule and manage. Here are the top ways you can crush Q1.
Start The Year Informed
Start the year by making sure you know what you are working with. Whether that be the lease contract with your landlord, the lease expiration date, the recent CAM reconciliation bill, or your property condition. Make a list of the things you need to take care of and make sure they are in alignment with your contract and your actions this first quarter. Here are a few checklist items.
Start the Year Connected
We pride ourselves on having a relationship or skill set for any challenge you may have if it involves you and your industrial property. There is virtually no aspect of operations, finance, real estate development, construction, warehouse automation, fire suppression or supply chain analysis where we don't have an intermediate or advanced experience or relationship. Who can we connect you with that can speed up or elevate your performance this year?
Start the Year with a Plan
Real estate projects always have a time constraint and most people start late and run out of time when things take longer than expected. We always preach starting early of course. One step better is making sure we have as realistic of a time line for the project as possible, upfront. This saves time, energy and frustration. Let us build out a schedule for your next project and help you stay ahead of your next project.
Start with Warehouse Innovation & Design
Everyone is working with labor challenges and trying to figure out how to walk the path along the warehouses automation maturity curve. While most operations are hip to sensors, very narrow aisles and wire guidance, few have trailed robots as a service, autonomous mobile robots, automated storage and retrieval systems, e-commerce conveyance systems and new high density automated storage systems like AutoStore. We have seen companies start to consult more heavily with high level warehouse innovation and design specialists to implement automation aspects piece by piece in phases, with growth and flexibility in mind, with an attention to cost of capital. There is an opportunity for progression in almost every aspect of every operations. What would you like to make progress on this year?
Interviews with Industry Leaders
We’ve recorded three new podcast episodes that dive into key market trends and strategies for success: 1. Warehouse Automation – Parth is one of the leaders of Prologis's Warehouse Innovation and Design department helping all of there customers along the maturation process of implementing warehouse automation. Prologis is excelling in serving their tenant which is why we have such great alignment and similar outlooks. + Podcast Episode link + YouTube Video link
Call to Action
What would you like to accomplish this year? Send us an update on your intent for the year and we'll come back to you with a few strategies and tactics for how we might be able to add value to the relationship and to your organization. Look forward to it!
Best Regards,
Justin Smith, SIOR MBA, MRED, MCR, MSCM Candidate Senior Vice President | Principal Lee & Associates | Irvine
D 949.790.3151 C 949.400.4786 O 949.727.1200 jbsmith@lee-associates.com (mailto:jbsmith@lee-associates.com) ____________________________________
Corporate ID 0104791 | License ID 01504494 9838 Research Dr. Irvine, CA 92618
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