Industrial Insights is a podcast that highlights the market dynamics, high level strategies, and in the trenches tactics for tenants and owners of industrial real estate. Each episode is designed to take hard fought wisdom from practitioners and break it down into insights that can drive better commercial real estate decision making. The host, Justin Smith, shares his experiences from 16 years in the business and brings in industry experts to discuss critical aspects of successful industrial projects.
Industrial Intelligence: 60 Days Out
We'll discuss a comprehensive 60-day transition plan for businesses preparing to relocate their properties. Moving to a new location can be a complex process, and proper preparation is key to ensuring a seamless transition for both your employees and your operations.
Industrial Intelligence: 90 Days Out
In the process of transitioning to a new space, careful planning is crucial. Beginning 90 days before the move, considerations include securing machinery permits and certifications, bidding and selecting a suitable moving company, and addressing specialized needs for industrial equipment. Inventorying furniture, managing insurance paperwork, obtaining certificates of insurance for property access, and implementing security measures for the new space are also key components of a comprehensive plan.
Industrial Intelligence: Upgrading Older Manufcaturing Buildings
We explore the essential considerations when upgrading older manufacturing buildings to meet modern distribution needs. In Southern California, a substantial portion of available properties were constructed during the sixties, seventies, and eighties, making it crucial to adapt these structures for distribution purposes effectively.
Join us as we uncover the primary factors involved in converting manufacturing buildings to distribution facilities. The key determinants for a successful conversion include ceiling height, loading capabilities, and property orientation.
Mastering Material Handling Dynamics in Industrial Real Estate
In this episode, Justin Smith brings in Greg Hanoian from United Material Handling to delve into the intricacies of material handling, timelines, and considerations for setting up warehouses. Joined by Chris Vassilian, they explore the basics of material handling and its growing importance in client conversations. The discussion covers essential considerations when setting up a new facility, from roof height and slab thickness to forklift configurations. Greg shares insights into the timeline for quoting and installing racking, the permitting process, and the challenges of relocating existing racking.
Importance of integrating material handling into client conversations for a holistic understanding of their operations and finances.
Factors influencing the timeline for quoting and installing racking, including roof height, slab thickness, and forklift considerations.
Challenges and considerations when relocating existing racking, such as code changes, seismic issues, and the potential need for slab tests.
Insight into the permitting process, lead times for steel, and the impact of high pile storage requirements.
The significance of early involvement in the pre-con development stage and collaboration between material handling experts, brokers, and clients.
The complexity of restoring a warehouse after removing racking and the potential downtime involved.
Real-world scenarios highlighting the importance of communication and proactive problem-solving in the material handling process.
Considerations when dealing with older buildings, including the lack of CAD files, seismic issues, and the need for core tests.
Acknowledgment of the collaborative efforts between material handling professionals and industrial real estate experts in achieving successful outcomes for clients.
Connect with Greg Hanoian
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Industrial Intelligence: Job Walk with Contractors
We explore the crucial advantages of conducting job walks with general contractors and how they contribute to the overall success and efficiency of construction projects. Gone are the days when contractors simply show up, give a bid, and the project begins. As projects scale up in size and complexity, job walks play a pivotal role in the construction process.
Industrial Intelligence: Cost Overruns
To succeed, it's essential to establish clear cost expectations from the outset. By fixing costs upfront, tenants and landlords can set the foundation for a successful construction journey.
Learn about the critical role of good space planning and architect work in the early stages of a project. A pricing plan, combining architectural drawings and essential features with desirable add-ons, empowers tenants to evaluate contractors based on their ability to meet these requirements within the budget.