One major issue for business owners who utilize industrial real estate is to find the right facility to accommodate their needs. A business owner can always check off several critical things they need in a facility. But, never the entire list, so most just settle for a space that can get at least some things that are important to their operation. Fortunately, there is a solution to this problem, and it is a process called build-to-suit.
Build-to-suits are projects wherein a developer designs a building that incorporates all of the critical things a company needs for its operations. It’s great, it’s all there, without having to sacrifice anything. Seems like this is music to your ears? Well, here’s where it all gets better:
LS Commercial has been actively completing build-to-suit projects for over 25 years. Our client base for these projects ranges from Fortune 100 corporations to locally-owned companies across the board. We have a dedicated team of professionals responsible for completing a project, starting from concept all the way to completion.
To give you an even clearer vision about build-to-suit projects, here is a brief breakdown of the entire process:
The planning process involves all parties concerning the establishment of the project; this includes you, the architect, mechanical, electrical, and civil consultants, and the entire construction team. Before commencing operations or establishment of your build-to-suit warehouse space, the entire team involved must first go through several planning stages so as to ensure quality output. The planning process is usually broken down into three categories:
Create a unique building plan
Obtain governmental approvals
Formalize construction plans
The overall cost of your build-to-suit facility will depend solely on the location, size, type of building, construction time, and the current price of resources in the market. Here at LSCR, we can provide you with accurate estimates of your expenses based on initial plans. This is later on followed by more exact pricing based on comprehensive facility sketches, designs, and construction drawings. Additionally, you also have to consider a few more things that make up the entire costing, such as the following:
Financial projections (depends on the lease cost or building ownership costs)
The construction of your build-to-suit facility will commence once all planning and costing have been thoroughly discussed. Yet again, construction time will depend on the type and size of the warehouse space, and here are three steps to undertake upon execution of the build-to-suit project:
Construct the building
Outfit the building (includes all of your equipment and resources)
I simplified this, but it gives you a good feel of the process. On top of that, the benefit, in the end, is that you get a glove fit building without having to worry much about the entire process as we can handle it from start to finish!
Sound like something you want to know more about? Give us a call at 913-681-5888 and let’s discuss details further.
One of our recent successes was the completion and ribbon-cutting ceremony of the newly-constructed and fully-furnished ELC distribution center at the Midwest Commerce Center held on the 20th of May this year. At the ceremony were distinguished top local businessmen including our very own President and CEO, Paul Licausi.
On the day of ribbon-cutting event, Excelligence’s CEO, Dipak Golechha, envisions the state-of-the-art fulfillment center to providing over 200 full-time jobs, great opportunities, and an exceptional experience to most, if not all, locals of Kansas. Aside from that, the distribution center is said to pack and ship products to several subsidiary companies, which are all very well known in the early childhood education industry. We take pride in this event and milestone as the ELC continues to provide quality education supplies as well as envision countless possibilities of future growth and accomplishments.
The Vision of ELC
Excelligence Learning Corporation (ELC) envisions to become the world’s most preferred provider of educational tools and solutions to early childhood and elementary teachers and parents. With its headquarters in Monterey, CA, The company aims to provide the country with the largest supplies distribution center, which will be called Discount School Supply and Really Good Stuff. With a vision of a 646,400 square-foot facility ranging up to a value of $38 million, we feel Excelligence made the best decision in partnering with LSCR and leveraging our experience in warehouse space.
In this fast-paced world we live in today, and with the demand constantly on the rise, it is our company’s vision to meet the warehouse for lease needs of every business and be the last word in terms of distribution centers. We are blessed with our city’s strategic location that boasts a plethora of big businesses who have established their warehousing and distribution hubs. Logistics wise, a known company like ELC has come all the way from California to establish a much-needed distribution center In Kansas due to the extensive resources such as workforce and expertise in the logistics industry.
To be chosen out of all the real estate agencies in Kansas to take on this project is a privilege for us and certainly making us one of the cornerstones inwarehouse space for rent in the industry. Our successful partnership with ELC only proves that LS Commercial is indeed a by-word when it comes to industrial spaces in Kansas City. We are looking forward to more projects this year and for years to come as all these are a part of our long-term success.
We are a leading brokerage company in Kansas City since the year 1990, serving clients nationwide. We are committed to providing service excellence and success to every logistics business that needs a reliable distribution center. Over the years, we continuously help businesses such as e-commerce and multinational companies grow and expand in the industry with the help of our warehouse spaces. We ensure that we keep up with the high demand for industrial spaces nowadays. It’s no wonder our company is making the rounds in the media lately! In fact, we are proud to have been featured in an online journal dedicated to those who Design, Develop, and Construct, the DDC Journal, which highlights our latest project—the ELC center in Gardner, Kansas.
We can be your partner as you go through your business transformation. Contact us if you are looking for warehouse spaces for lease in Kansas City.
Article available here: DDC Journal Fall 2018 Issue– ‘ELC, a California-based provider of educational supplies teams up with LSCR, a Midwest real estate firm, to build a new distribution center. (p. 118)
Our Hedge Lane property has a strategic location placed near highways for where you get easier access to the city. Interested? View property.
Downtown Logistics Center
Our Downtown Logistics Center is equipped with everything you need. All there’s left to do is rent it! It’s one of our newly renovated warehouse spaces furnished with new concrete floors, drive-in doors, dock doors, a parking lot, and so much more. Interested? View property.
Highway Logistics Center
Our Highway Logistics Center is currently undergoing renovation, which means you getfirst dibs on the newly furnished warehouse with brand new interiors, roof, siding, dock doors, and a whole lot more. Interested? View property.
Do you need help finding where to get the best warehouse space in the Midwest?
Look no further. Welcome to Kansas City!
Here is why:
1. Location, Location, Location
One of the basic principles of real estate uphold these three words, and warehouse and industrial spaces are part of the commercial real estate industry. So it really matters where you locate your distribution center – that way you are conveniently accessible to your clients, vendors, and suppliers. But what makes Kansas City so ideal for businesses?
Kansas City is the largest city in Missouri. It is in the western part of the state, at the junction of the Missouri and Kansas rivers. Since the state lies at the heart of a massive transportation network, it is connected to both local and foreign markets. The state is known for a lot of success in warehousing and distribution. A transportation hub since the 1800s, this city has gained its distinction as a national and regional distribution and manufacturing center.
The combination of its strategic location and rates for gas and energy prices and lower taxes makes it a logistics dream. Not only that, Missouri is within 600 miles of many of the nation’s fastest-growing metros, including Atlanta, Austin, Dallas, Denver, Houston, Minneapolis, Nashville, and San Antonio, thus making business more accessible to their customers and suppliers more than ever.
Because of this, the Kansas City region is now experiencing a record industrial growth, with 5.1 million square feet of new industrial space delivered in 2018 – and 4.2 million square feet under construction (Q4, 2018). The area is now accommodating many large global brands as they relocate or expand, including Amazon, Dollar Tree, CVS Health, Overstock.com, Turn5, and Hy-Vee Aisles.
So, what do all these mean for your business? Being at the center location of trade is at your advantage, not only you expand your market reach, and present other unique business opportunities that you may not find in other cities, you also get to have the most optimal selection of warehouse and industrial spaces for rent. Take for example, our company LS Commercial Real Estate Inc, which has been in the business for more than 25 years. In this span of time, we have built more than 9,500,000 sq. ft of commercial and industrial spaces to accommodate the influx of businesses needing to lease, rent, or purchase these types of space.
We can help you achieve greater heights in terms of warehouse space for lease in Kansas City because expertise industrial spaces are unparalleled. Our experience in commercial real estate is local and diverse. Aside from spaces, we can also help you with your property management, as well as provide consulting services for your commercial real estate needs.
With solid transportation of infrastructure in the Kansas City area, your business is assured to get your products and services to your customers in a faster and more cost-effective way.
2. Companies – The Big Players
Most large companies have already laid their groundwork, adding or expanding centers in the state because of its strategic location. The construction of commercial spaces has tremendously increased because of the growing demand for such. The transportation and warehousing industry has grown so much in more cities/states in the country in the last 10 years and Kansas City belongs to the top 20 cities where warehouse construction is booming.See where Kansas City ranks.
As a direct result, more large companies can be found in the Kansas City area, and more businesses are looking for warehouse spaces to rent or lease. In the case of LS Commercial, Hallmark and Coleman companies have put down their roots into Kansas City, where their warehouses and distribution centers can be found. As one of the pioneers in the warehouse for rent business, LS Commercial can help you and your business grow, while rubbing elbows with the big players.
LS Commercial’s Notable Clients:
Here is a list of the top players who are in Kansas City,click here.
An estimated 300,000 workers in Missouri are for the transportation and logistics industry alone. Not only because warehouse spaces for rent in Kansas City have competitive rates and lower operating costs compared to other states, but the median hourly wages are also lower.
Through the years, a growing diverse population in this state have made way to a booming population of workers in the transportation-related industry. And because Kansas City has a lot of big companies utilizing warehousing and logistics, others have followed suit because they find that the workforce here possesses more talent and knowledge in logistics and warehousing than any other city. Also, some non-profit companies come up with programs that establish partnerships with schools to raise awareness of opportunities in the supply chain field.
Warehouse spaces for rent in Kansas City is indeed a burgeoning industry especially with the rise of the e-commerce industry’s demand for logistics. LS Commercial’s years of expertise in the warehouse and industrial spaces will certainly help your business grow and thrive with the continuing rise in the logistics and supply chain industry.
If you are looking for a perfect location where to expand your next distribution center, LS Commercial Real Estate Inc specializes in warehouse spaces that can help your business, small or large, gain traction in the logistics industry. Of course, every other city can say the same thing about themselves – but there are 3 specific and unique reasons why you should get warehouse spaces in Kansas City.
Most businesses work on tight margins and just like the rest, warehouse operators are always looking out for ways to reduce operating costs without sacrificing service, quality, and employee welfare.
What are the best ways to reduce operating costs? Here are five ideas that can help you reduce the operating costs for your warehouse operations and help you to generate more revenue and reduce overhead.
Most find it challenging to stabilize a good amount of profit because of how costly it is to maintain inventory and the warehouse. Productivity and efficiency can decrease significantly due to unforeseen factors that may come up during warehouse operations.
Moreover, warehouse costs affect the largest percentage in an overall logistics cost so warehouse improvements and efficiencies need to be managed with utmost diligence.
Here are some ways to help reduce warehouse maintenance costs:
1. Reduce Damages, Delays, and Errors
Operating costs are necessary to any business, thus inefficiencies in the day to day operations must be identified from the onset to help reduce unforeseen costs. Having a functional warehouse design saves you a lot of time and resources too.
Consider examining and plotting your warehouse while strategizing where to drop and load orders or products and goods. This can significantly help you in loading, unloading, and delivering goods accurately and on time. Not only that but it’s also time efficient. Instead of spending too much time on orders, your workers can focus on other tasks that need more deep and critical thinking. Guardrails, bollards, and wide lanes are also some of the things that could help reduce damage and delays.
Plus, maximizing and optimizing warehouse space also reduces damages and delays. Placing products and goods on the right places and having a clear sense of “floorplan” or vision where these goods are located saves you a lot of time whenever you load and unload. In addition, aisles are necessary when navigating through the entire space; therefore, aisles must always be kept spacious to reduce product damage and for safety reasons as well.
2. Save Energy
Taking into consideration your warehouse operating hours, say 8 hours a day and five days a week. Try to record the trend on your power consumption monthly and determine how you can make it cost-efficient. Energy consumption should be one of the most significant factors in keeping operational costs at a minimum.
If you want to save energy, consider getting LED lights. Warehouse spaces and industrial environments are starting to bring in LED lights because of how cost-efficient it is. Although LED lights are highly-priced compared to metal-halide and fluorescent lamps, it still uses less energy that can help you save expenses eventually. In addition, LED lights can also be dimmed and customized according to your preference.
Moreover, consider making use of all the natural light your warehouse can get. Natural lighting is known to be one of the simplest but most effective ways to conserve energy. Not only that, but natural lighting is believed to increase human work productivity. When you use natural light, you’re hitting two birds with one stone: conserving energy and improving work productivity in your site.
Though pests are inevitable, it is still best practice to keep them at bay. Pests cause significant damage not only on your goods but on the entire sanitation of the warehouse as well. So, make sure you invest in pest control at the onset and have a pest control maintenance scheduled as much as possible.
Coming up with a pest control plan is crucial when you want your warehouse to be pest-free. This does not only mean hiring a pest control team right away. Instead, take the initiative to examine or inspect the whole warehouse where pests are most likely to breed. It’s important that you consider checking all ventilation shafts are secure. Here at LS Commercial Real Estate Services, Inc., our warehouse spaces for leasewe help reduce your expenses because we ensure our warehouses are kept pest free and clean before turning it over to the clients.
4. Encourage Employee Suggestions
Employees are the heart of the day to day operations, and to be mindful of their insights and suggestions during the entire warehousing process is part of the improvement process. Start encouraging employees to suggest ways on how the company can be more cost efficient without compromising quality.
Employee feedback is essential, especially in the improvement and productivity of the business. Not only that, but you also get to maximize work efficiency. By hearing them out, you are making their opinions matter and feel valued. Employees are more inspired and encouraged to work, boosting morale, and reducing employee turnover.
5. Be on the Lookout and Embrace New Technologies
You might be getting too comfortable with your systems or technologies that you’ve been using for a while, so there’s no harm in researching new technologies that are more efficient and within the company’s budget. Maybe it’s time for you to seek new, energy-efficient systems rather than stick with old ones that is costlier to operate and maintain.
Most new technologies have already been introduced to warehouses to improve work efficiency and productivity. An example of this innovation are warehouse drones. Warehouse drones are specifically-made drones to help increase work accuracy within warehouse spaces. These drones have built-in sensors to help keep track of stocks or inventory and notify workers when stocks are running low.
New technologies like this can significantly help in reducing warehouse damages, delays, and costs, and improve work productivity and accuracy.
Not only that but also start re-evaluating your current suppliers and compare their bids along with other proposals. By doing this, you can find out whether there are cheaper but more efficient alternatives or options to your current stocks. Don’t hesitate on trying and testing out new shares from new suppliers because these might be of great help in cutting costs as well.
None of these steps will work if you do not regularly make room for improvement. Continuous improvement must happen within the business to ensure that there are reduced wastes and errors and more controlled processes and expenses. Through this, you are making ways for you to reduce maintenance costs in your warehouse effectively.
As you continue to be on the lookout for changes within your warehouse to help reduce damages and cut expenses, each of these changes will most likely lead you to further and better alternatives, improvements, and other ways to cut costs in related areas.
If you plan on investing in a warehouse space, there’s a good deal of warehouse spaces for lease in Kansas City, where you can choose from different types of warehouse spaces in several locations, according to your preference. If you’re interested, feel free to sign up and inquire now!