When to Start Looking for Tenants in Warehouse Leasing: Timing Is Everything
Balaji ARAM VALARTHA SUNDARAM
Founder @ Lakshmi Balaji Realty | Expert in Industrial Property Leasing & Sourcing
The best time to start searching for a tenant is the day your warehouse plans are finalized. Why? This is the perfect moment to create awareness in the market. While you may not secure a tenant immediately, early marketing can open doors to Build-to-Suit (BTS) opportunities, where clients seek custom-built spaces.
As the building reaches the plinth level, more inquiries naturally arise. However, waiting until the project is nearly finished could result in prolonged vacancies, forcing developers into distress leases and losing potential revenue. To avoid this, it's crucial to start promoting your property early and stay actively engaged with the market throughout the construction phase. Constant engagement ensures you lease faster and earn sooner!
Timing is key in warehouse leasing! Start early, stay engaged, and set yourself up for success. Don't forget to subscribe and explore my other articles for more insights on industrial real estate.
At Lakshmi Balaji Realty, we help developers lease faster by staying connected with the market and ensuring constant visibility for your property. From the day your warehouse plans are finalized, we promote your project to the right audience, keeping the market informed at every stage of construction. By nurturing inquiries early on and maintaining engagement, we help you avoid vacancies and maximize your revenue potential. We are committed to guiding you through the leasing process, ensuring a smooth transition from development to occupancy.
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