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Updated about 4 years ago on . Most recent reply

User Stats

25
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7
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Jennie Kesselman
  • Realtor
  • Connecticut & Massachusetts
7
Votes |
25
Posts

Ever heard of 'Full Service Industrial Storage?"

Jennie Kesselman
  • Realtor
  • Connecticut & Massachusetts
Posted

Im working with a client who has a very large industrial building and wants to rent out a portion. However, he also has overhead cranes, mobile cranes, and equipment for welding, and moving of heavy equipment.

Essentially, he has found himself in a niche where local businesses reach out for storage of large heavy items for a period of time, and he unloads/ reloads, delivers and often installs them. For example, a local HVAC company who needs somewhere to store roof top systems for jobs and then needs them delivered and installed. OR a national crane company that delivers and stores cranes, and then he reloads them, delivers and builds them onsite.

The companies like to deliver their products asap to get paid and they are often stored at his facility for several months before he takes them to their final destination.

My client loves this model and wants me to procure more companies who lease from him in this same way.

It is an extremely interesting concept-

An industrial storage facility, that is truly 'full service' (helps with the unload, reload delivery and install when and if desired).

We are brainstorming a structure where businesses pay a minimum monthly rental fee per square foot, just as one would with a self storage facility, and then there is a contracted rate for additional services provided as they decide to use them (the delivery, install, unload etc)

Have you ever heard of anything like this? Id love to hear if so, and even if not would welcome any thoughts and points to consider.

thank you so much in advance!

Jennie

Most Popular Reply

User Stats

74
Posts
44
Votes
Brandon Hobbs
  • Investor
  • St. Augustine, FL
44
Votes |
74
Posts
Brandon Hobbs
  • Investor
  • St. Augustine, FL
Replied

@Jennie Kesselman

I am in the 'traditional' storage business so I don't have much to offer but I do know there is a company in Texas that specializes in that model.  Looks like it would be much more labor and employee intensive than traditional self storage, but also a niche within a niche and that could be a really good thing.

Here is their site, hope this helps a little.

https://www.cssstorage.com/

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