Ferocious

<h3>Increased Productivity</h3><p>Natural daylight is proven to increase productivity by boosting alertness and concentration levels, which helps people stay focused for longer periods of time. One <a href="https://go.view.com/daylight-workplace-study" rel="noopener noreferrer" target="_blank">study</a> found that increasing natural light exposure can significantly reduce fatigue and sleepiness in the workplace. Furthermore, workers exposed to more natural light are more likely to take fewer sick days than those in workspaces with limited or no access to daylight.</p><p><br></p><h3>Better Mood &amp; Morale</h3><p>Studies have shown that natural lighting can also promote better mental health. People who spend their days in environments with ample access to sunlight report higher levels of satisfaction, enthusiasm and engagement than those without such access. This could be due to the increased production of serotonin when exposed to sunlight, which helps regulate our emotions and feelings of well-being.</p><p><br></p><h3>Healthier Sleep Patterns</h3><p>Exposure to bright sunlight during the day aids in regulating your body clock - or circadian rhythm - which helps you fall asleep quicker and wake up less frequently at night. Having regular sleep patterns not only promotes better overall health but also increases alertness throughout the day at work, resulting in improved productivity levels overall.</p><p><br></p><h3>Looking For The Perfect NY Office Space? Contact One Stop Properties Today!</h3><p>As business owners, it’s important to recognize how beneficial natural light can be for your employees’ performance at work. Let <a href="https://onestopspaces.com/" rel="noopener noreferrer" target="_blank">One Stop Properties</a> help you find the ideal commercial space for your business! Our selection of properties in five boroughs and Long Island, NY, includes land, warehouse, and office spaces that can easily fit any need.&nbsp;</p><p><br></p><p><a href="https://onestopspaces.com/contact-us" rel="noopener noreferrer" target="_blank">Get in touch</a> with us today to learn more about our available listings; we look forward to finding the perfect location for your business to thrive!&nbsp;</p><p><br></p><p><br></p>

The Benefits of Natural Light in the Workplace

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<h3>Create A Festive Environment&nbsp;</h3><p>The first step in creating a festive environment is by setting the tone with decorations. Consider covering walls, desks, and other surfaces with cheerful and colorful garlands, paper snowflakes and ornaments. Be sure to keep safety in mind when decorating your workspace, too—avoid using real candles or open flames of any kind, as this can be hazardous.&nbsp;</p><p><br></p><p>If you’re looking for more creative ideas to spruce up your office space during the holidays, consider decking out doorways with wreaths or hanging festive lights from ceilings or walls. Or, if you’re feeling extra crafty this season, make use of recycled materials like old newspapers or magazines to create custom decorations like garlands and paper chains!&nbsp;</p><p>&nbsp;							&nbsp; 	&nbsp; 	&nbsp;&nbsp;</p><h3>Add Some Music To Liven Up The Mood&nbsp;</h3><p>Nothing sets the mood quite like music! Play some carols softly in the background to get everyone into a festive spirit. If you want to get really creative (and have access to some musical instruments), consider holding a mini concert or gathering around for sing-alongs during breaks! You could also host a lunchtime party where everyone brings their favorite holiday treats to share with one another. Having everyone participate will help build team spirit while still keeping it fun!&nbsp;</p><h3><br></h3><h3>Take Time To Connect With Your Teammates 	&nbsp; 	&nbsp;&nbsp;</h3><p>The holidays are all about connecting with one another—so why not take this opportunity to catch up with your teammates? Make sure everyone takes time out of their day to chat over coffee or lunch. Finding a moment out of our busy schedules can be difficult, but making small connections can do wonders for team morale!&nbsp;</p><h3><br></h3><h3>Find Your Perfect NY Office Space, Today!</h3><p>Find the perfect commercial space for your business at <a href="https://onestopspaces.com/" rel="noopener noreferrer" target="_blank">One Stop Properties</a>! Our selection of properties in five boroughs and Long Island, NY, includes land, warehouse, and office spaces that can easily fit any need.&nbsp;</p><p><br></p><p>Don't hesitate to <a href="https://onestopspaces.com/contact-us" rel="noopener noreferrer" target="_blank">contact us</a> so we can discuss how our listings may be right for you - just give us a call today at (718) 786-8400 or fill out one of our forms.</p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p>

How To Keep Your Office Festive Through The Holiday Season

<h3>Create Defined Spaces For Different Activities.&nbsp;</h3><p>Establishing designated workspace areas that allow your employees to move around can be highly beneficial and foster collaboration. Moreover, it will help prevent distractions by giving them a break from the monotony of their work desk.</p><h3>Make Sure There's Plenty Of Natural Light And Ventilation&nbsp;</h3><p>Poor lighting and air quality can lead to fatigue, eyestrain and headaches, which will decrease productivity. Office spaces with large windows are the perfect way to avoid this; however, if windows are not available, consider mimicking sunlight by layering ambient lights and individual lamps to keep the office bright and maintain alertness and efficiency.</p><p><br></p><p>Moreover, proper ventilation is paramount to ensure employee and customer safety within your company’s walls. We recommend you schedule frequent HVAC maintenance visits to guarantee clean air year-round!&nbsp;</p><h3>Allow For Some Flexibility In The Layout&nbsp;</h3><p>Employees need change over time, so it's important to have a space that can be easily reconfigured. While open offices are a great way to promote collaboration, take your team’s needs into account–– depending on their area of expertise, some might need a quiet space to work in from time to time. To make sure you accommodate everyone, consider providing a few different options; quiet rooms, coworking areas and office suites are only a few ideas that could help maintain productivity and employee satisfaction!&nbsp;</p><p><br></p><p>For more ideas on how to increase productivity in the workplace, check out our <a href="https://onestopspaces.com/news/tips-for-a-productive-and-happy-office-environment" rel="noopener noreferrer" target="_blank">blog post</a> on tips for a productive and happy environment!</p><h3>NY Office Spaces, at Your Fingertips!&nbsp;</h3><p>If you are looking to increase or downsize your business space, you have come to the right place! Whether you need an office, warehouse or yard space, <a href="https://onestopspaces.com/" rel="noopener noreferrer" target="_blank">One Stop Properties</a> offers commercial property rental solutions in <a href="https://onestopspaces.com/properties" rel="noopener noreferrer" target="_blank">excellent locations</a> and at competitive prices throughout the five boroughs and Long Island.&nbsp;</p><p><br></p><p><a href="https://onestopspaces.com/contact-us" rel="noopener noreferrer" target="_blank">Get in touch</a> with our team today to learn more about how we can help your company!&nbsp;</p><p><br></p>

How Office Layouts Can Impact Productivity

<h3><strong>What is a Flex Space?</strong></h3><p>In corporate real estate, flex space integrates warehouse and retail space into one building, increasing employee productivity. There is a wide range of sizes, layouts, and configurations to suit your company’s needs. You can find them in industrial districts and urban and suburban areas.</p><p><br></p><h3><strong>Who Uses the Workspaces?</strong></h3><p>Companies may search for flex spaces because they have many hybrid or remote employees, meaning they are only in the office part-time. They depend on the adaptability of the area because the people who use it will change frequently. Additionally, the possibilities are endless, with the ability to organize the room in a way that works best for you.</p><h3><br></h3><h3><strong>What are the Benefits?</strong></h3><p>Businesses are branching out to utilizing flex spaces due to their versatility and functionality. Local small companies rely on the location because of the open layout, allowing employees to communicate, work on the floor, and move to an office to complete tasks on a computer.&nbsp;</p><p><br></p><p>Moreover, increasing cleaning protocols to prevent viruses and limiting the number of employees working simultaneously in person make the spacious location practical.</p><p><br></p><h3><strong>Flexible Space Options in New York</strong></h3><p>When it comes to finding a location for your business that exceeds your expectations, we have you covered. At <a href="https://onestopspaces.com/" rel="noopener noreferrer" target="_blank">One Stop Properties</a>, we offer many properties with land, warehouse, and office spaces in the five boroughs and Long Island, NY.</p><p><br></p><p>Get in touch with us today at (718) 786-8400 or <a href="https://onestopspaces.com/contact-us" rel="noopener noreferrer" target="_blank">fill out a form</a> to discover the perfect space for you.</p>

A Guide To Corporate Flex Space

<h3>Choosing a Location</h3><p>Your brand's personality determines finding the right space for your flash retail store. You could consider empty storefronts, shopping centers, gallery or event spaces, or pop-ins. Each location has its own benefits, but it is based on how you want your brand to be perceived to reach your target audience.</p><h3>Researching a Venue</h3><p>When looking for a venue, write a list of your must-haves to better understand what you want. Additionally, you should know the average venue price to create your budget. Once you know your dealbreakers and budget, you can begin searching. Visit pop-up shop databases, contact specific locations, or speak to realtors to reserve a space.&nbsp;</p><h3>Questions to Ask Before Renting</h3><p>As you visit different <a href="https://onestopspaces.com/properties" rel="noopener noreferrer" target="_blank">event spaces</a>, ensure you have questions prepared to determine whether it checks off everything on your list. Be sure to ask about the rent, amenities, and whether you can make any changes to the space. It is crucial to acquire all information to find the best pop-up spot that suits your needs and financial situation.&nbsp;</p><h3>Reserve a Space Today!</h3><p>No need to keep researching for the perfect shop space! At <a href="https://onestopspaces.com/" rel="noopener noreferrer" target="_blank">One Stop Properties</a>, we offer many properties with land, warehouse, and office spaces in the five boroughs and Long Island, NY.</p><p>Contact us today at (718) 786-8400 or <a href="https://onestopspaces.com/contact-us" rel="noopener noreferrer" target="_blank">fill out a form</a> to learn more about our commercial spaces!</p>

How To Pick The Perfect Pop-Up Shop Space

<h3>Have Designated Socialization Areas</h3><p>Having a designated space that’s just for socialization is critical. Having a place for employees to go to relax, chat, or simply read a book will help bring a sense of community and happiness to your office. Having an area like this in your workplace means people can bond, work better together and feel more comfortable in an often stressful environment.</p><h3>Decorate Your Office Space</h3><p>The workplace is full of distractions, but it’s also where you spend a big part of your day. It’s worth investing in a few inexpensive items that can make a difference in your productivity and mood. Go for plants, artwork, and other wall decorations to spruce up your office space. On days when you need a bit more zen in your life, keep those items around! A little color and beauty can do wonders for morale.</p><h3>Give Your Team Seating Options</h3><p>Flexibility is a huge perk in an office environment, and many companies are incorporating adjustable-height desks and multi-person tables to give their employees options for seating. According to recent <a href="https://uncagedergonomics.com/blogs/default-blog/heres-why-an-active-sitting-chair-can-increase-your-productivity" rel="noopener noreferrer" target="_blank">research</a>, people can get more done when sitting on stools or standing up rather than sitting at a desk!</p><h3>Establish Quiet Areas For Focus</h3><p>To avoid interruptions and be able to concentrate on your work, you need a quiet space for yourself. It’s important that quiet areas are set far away from collaboration areas. If you have an open office plan and everyone is interacting with each other all day long, then you need special quiet zones where it’s okay for people to do focused work without being constantly interrupted. This will help keep distractions at bay and allow you to focus on important tasks successfully.</p><p><br></p><h3>Use Light To Brighten Your Office Naturally</h3><p>Natural light helps keep people happy, alert and productive. However, many office buildings opt for minimal lighting in an effort to save money on electricity and because fluorescent lights last longer. If you work in a dimly lit office, you know that it can be harder to get your work done. Luckily, today’s technology allows for nature-like lighting that can enhance moods and ease stress in the workplace!</p><p><br></p><h3>Find Your NY Office Space With One Stop Properties!</h3><p>Whether you are looking to increase or downsize your business space, at <a href="https://onestopspaces.com/contact-us" rel="noopener noreferrer" target="_blank">One Stop Properties</a>, we have the right commercial property to meet all your business needs! We offer convenient locations and top-quality services in the five boroughs and Long Island, NY.</p><p><a href="https://onestopspaces.com/contact-us" rel="noopener noreferrer" target="_blank">Contact us </a>today to learn more about our commercial spaces. We look forward to hearing from you!&nbsp;</p>

Tips For a Productive and Happy Office Environment

<h3>Save Money</h3><p>It is a common belief that, in order to start your own business, you need to buy an office space. However, if you’re on a budget, leasing could be the best option for you. You will not have to worry about maintenance, upkeep, and repairs, which will save you time and money.&nbsp;</p><h3>Grow Your Business Faster</h3><p>Are you looking to offer more products or services, expand into new markets, or raise awareness about your business? Leasing a warehouse can help you make all that happen. By leasing out space, you can reduce overhead costs (because you won’t have to buy real estate) and optimize your business setup.</p><h3>Use The Space As You Need It</h3><p>Leasing warehouse space for your business will allow you to utilize the extra space as needed; whether to store supplies and equipment surplus or to organize your inventory during high sale seasons, there are many ways to use your leased warehouse efficiently.&nbsp;</p><p>You could even turn the extra space into an office area for your employees!</p><h3>Lease Warehouse Space For Your Business Today!&nbsp;</h3><p>If you are looking for additional space to grow your business in or around the five boroughs and Long Island, NY, <a href="https://onestopspaces.com/about-us" rel="noopener noreferrer" target="_blank">One Stop</a> is the place for you!&nbsp;</p><p><a href="https://onestopspaces.com/contact-us" rel="noopener noreferrer" target="_blank">Contact us </a>today to learn more about our vast selection of warehouse, yard, and office spaces. We look forward to hearing from you!&nbsp;&nbsp;</p>

Top Reasons To Lease a Warehouse for Your Business

<h3>What Are Temporary Office Spaces?</h3><p>Temporary office spaces are rentals that offer short-period leases in order to provide flexible contracts for businesses of all sizes; this allows business owners to have the option to move if lease prices skyrocket.</p><p>Additionally, this type of rental is also ideal for anyone looking to rent a small space to use as a co-working or meeting room!</p><h3>The Benefits of A Temporary Office Space Lease</h3><p>The most appealing benefit temporary office spaces offer is a lower-priced rental that is perfect for startup companies and small businesses. Additionally, they typically include amenities and on-site maintenance to ensure you always have someone ready to assist!</p><h3>How Do I Choose The Perfect Space For My Business?</h3><p>The first step is finding a location near your team to make the commute manageable. Consequently, keep your clients in mind if you often receive them at the office and make sure it is easily accessible to them.&nbsp;&nbsp;</p><p>Another factor to consider when renting office space is the amenities around the area. Your team and clients will appreciate having somewhere to go to relax between meetings or during their breaks!</p><h3>We Have The Perfect Temporary Office Space For You!</h3><p>Whether you are looking to increase or downsize your business space, at One Stop, we have the right commercial property to meet all your business needs! We offer convenient locations and top-quality services in the five boroughs and Long Island, NY.</p><p><a href="https://onestopspaces.com/contact-us" rel="noopener noreferrer" target="_blank">Contact us </a>today to learn more about our <a href="https://onestopspaces.com/" rel="noopener noreferrer" target="_blank">commercial spaces</a>. We look forward to hearing from you!&nbsp;</p>

Tips For Choosing The Perfect Temporary Office Space 

<p class="ql-align-center">To learn more about how the shifts in shopping patterns have led businesses to transform the supply chain, pricing, and demand in commercial real estate and what is trending in the sector, watch the video below!</p><p class="ql-align-center"><br></p><p class="ql-align-center"><br></p><iframe class="ql-video ql-align-center" frameborder="0" allowfullscreen="true" src="https://www.youtube.com/embed/LkuhHtWXZh8?showinfo=0"></iframe><p class="ql-align-center"><br></p><p class="ql-align-center"><br></p><p class="ql-align-center"><br></p><p class="ql-align-center"><a href="https://onestopspaces.com/contact-us" rel="noopener noreferrer" target="_blank">Contact</a> us today and learn more about the various rental options we offer.&nbsp;</p>

The Industrial Real Estate Boom Explained  

<h3>Commercial Land Leases&nbsp;</h3><p>Commercial land leases allow tenants to use a piece of property in exchange for rent. Typically, landlords authorize tenants to construct temporary structures at their own cost. Some land leases have pre-built structures that can be used by the renter.&nbsp;</p><p><br></p><p>From additional parking spaces in big cities to pop-up festivals, land leases can be utilized for a wide variety of commercial purposes.&nbsp;</p><p><br></p><h3>Benefits Of A Land Lease</h3><p>There are many advantages to renting land space for your business:&nbsp;</p><h4>Save Money</h4><p>Not only will you save on the costs that buying land represents, but you will also be able to use that extra money to improve your business operations!&nbsp;</p><h4>Prime Locations</h4><p>You will be able to access prime locations that you might otherwise not have been able to afford.&nbsp;</p><h4>Tax advantages&nbsp;</h4><p>In some instances, lease fees can be deducted as business operating expenses on taxes. Moreover, the renter will not be responsible for tax payments on the land.&nbsp;</p><p><br></p><h3>Looking For Land Rentals? Contact Us Today!</h3><p>Whether you are looking to increase or downsize your business space, at One Stop, we have the right commercial property to meet all your business needs! We offer convenient locations and top-quality services in the five boroughs and Long Island, NY.</p><p><br></p><p><a href="https://onestopspaces.com/contact-us" rel="noopener noreferrer" target="_blank">Contact us </a>today to learn more about our <a href="https://onestopspaces.com/" rel="noopener noreferrer" target="_blank">commercial spaces on Long Island</a>. We look forward to hearing from you!&nbsp;</p>

 Land Renting 101 

<h2>1. Free Up Some Space</h2><p>One of the most beneficial aspects of leasing a warehouse is being able to clear up some space in your headquarters. Relocating to a public warehouse will allow you to expand your business without putting money into a new building. Additionally, it will save you the added expenses of insurance, property taxes and equipment.&nbsp;</p><h2>2. Cheaper and Faster Delivery</h2><p>Cheap and fast deliveries are a must for any business nowadays. However, the high customer demand can quickly strain a company’s resources. By renting a warehouse, you will be able to meet distribution demands at a competitive price.</p><h2>3. Flexibility</h2><p>Leasing a public warehouse will give your business the flexibility to scale up or down as needed. This is a plus, especially during peak times like, for example, high-demand holiday seasons. Your new warehouse will allow you to quickly get your goods out to distribution channels, allowing you to meet consumer demand.</p><h2>4. The Opportunity To Expand Market Reach At a Low Cost</h2><p>Growing a business entails a lot of expenses that can quickly accumulate and turn into debt. Leasing a warehouse or <a href="https://onestopspaces.com/" rel="noopener noreferrer" target="_blank">commercial space</a> allows you to expand your business into new markets or globally without spending large sums of money on facility space. Additionally, it allows companies to lower costs and invest additional cash into market reach.&nbsp;</p><h3>Contact Us to Lease Your New Warehouse Space Today</h3><p>If you are thinking about leasing a warehouse for your business, <a href="https://onestopspaces.com/" rel="noopener noreferrer" target="_blank">One Stop Spaces</a> has just what you need. We offer excellent locations and competitive prices in the five boroughs and Long Island, NY.</p><p><br></p><p><a href="https://onestopspaces.com/contact-us" rel="noopener noreferrer" target="_blank">Contact us</a> today to get a quote!</p>

The Benefits Of Leasing A Warehouse

<h3>1. Professional Image</h3><p>While video conference calls from the couch can be fun and comfortable, they can also look unprofessional. Holding a meeting face to face with your clients will make you appear reliable and competent.</p><h3>2. Increase Client Interaction&nbsp;</h3><p>Doing business face to face is usually more advantageous for both the client and the company. Offices create a space for interaction that sometimes gets lost when working virtually.&nbsp;</p><p>Coworking environments have many advantages! Not only will you get to meet your customers in person, but you will also be able to rely on your coworkers anytime you need them. Additionally, it will be easier to answer your clients’ toughest questions and develop better solutions.</p><h3>3. Team Mentality&nbsp;</h3><p>Both private and shared office spaces offer room for very valuable networking opportunities. Daily, you will be surrounded by professional peers who will happily connect with you to brainstorm and plan out strategies to better your business.&nbsp;</p><p>Additionally, the office will become your team’s second home; happy employees mean your company will thrive, and anyone entering the premises will feel that positive energy surrounding them.&nbsp;</p><h3>4. Fewer Distractions Than Working From Home</h3><p>From dogs barking to mail deliveries, working from home can be riddled with distractions that can easily become major time killers. Offices give you the chance to disconnect from your daily home and family chores to focus on efficiently growing your business.&nbsp;</p><h3>Contact Us to Rent Your New Office Space Today</h3><p>Coworking spaces are very much en vogue this year; they allow freelancers and startup companies to benefit from the advantages of having an office all while collaborating with their peers.&nbsp;</p><p>If you are thinking about renting office space, warehouse or yard space, <a href="https://onestopspaces.com/" rel="noopener noreferrer" target="_blank">One Stop Spaces</a> has just what you need. We offer excellent <a href="https://onestopspaces.com/" rel="noopener noreferrer" target="_blank">commercial office space</a> locations and competitive prices in the five boroughs and Long Island, NY.</p><p><a href="https://onestopspaces.com/contact-us" rel="noopener noreferrer" target="_blank">Contact us</a> today to get a quote!</p>

Reasons Why Your Business Needs a Commercial Office Space

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Why sign a long-term lease?

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The Life of Alan Dern, CEO

<h3>Square Footage</h3><p>When selecting a <a href="https://onestopspaces.com/" rel="noopener noreferrer" target="_blank">warehouse rental space</a>, the biggest factor to consider is square footage and making sure it is big enough for operations. Think: how much room do you really need for your product, machines, employees, etc. As well, you’ll want to take into account potential growth. So, will this be enough space several months from now or longer as you grow your business?</p><h3>Climate</h3><p>Not only should you consider the location’s climate of your rental space, but the climate control of the warehouse itself. Be sure to ask your landlord about their HVAC and temperature control systems if that is something you will need since, on average, most warehouses don’t have it readily available unless asked for.</p><h3>Accessibility</h3><p>You’ll also want to think about how much accessibility you will need into your warehouse and with what vehicles and machines. If you require trucks to be backed up and easily accessible to the building, be sure the space can accommodate. Also, consider how much parking space you’ll need.</p><h3>Lease Length</h3><p>If you pay close attention to your business needs and carefully think about how long you’ll need to lease the space, you may be able to save money. Don’t sign a lease for more than you believe you’ll need. Most warehouse owners will have a minimum rental time, so pay close attention and don’t settle if you only need it for a short period of time.</p><h3>Cost</h3><p>Last but not least, you’ll want to think about how much you are willing and able to spend on your warehouse rental. You may need to factor in extra costs for additions such as HVAC systems, appliances, electricity, equipment, and more. So, make sure you know exactly what you’ll be paying for.</p><h3>Warehouse Rentals in New York</h3><p>If you’re looking for a warehouse space available for rent, look no further than One Stop Properties! With plenty of warehouses conveniently located across the Bronx, Long Island, Queens, and Brooklyn, we are bound to have the perfect space for you and your business needs. See our spaces for rent and learn more about our business by giving us a call at 718-786-8400 or visit our website.</p>

What Should I Look For When Renting a Warehouse?

<p>“We are proud to have acquired a home office space for a very reasonable price and agreement, as we know how to bring value to these types of under-utilized spaces in New York.” said Dern.</p><p>Download the&nbsp;<a href="https://ospadmin.ferociousmediaweb.com/uploads/press-release-37-30-review-acquisition-v2.pdf" rel="noopener noreferrer" target="_blank">Press Release</a>&nbsp;(PDF).</p>

One Stop Spaces Acquires 37-30 Review Avenue from Railroad Realty Group

<p>The demand for cold storage has never been higher. One of the main drivers behind the surge in demand has been the change in the way we eat and the way we buy what we eat.</p><p>Before the COVID-19 pandemic, online grocery sales (or e-grocery) was already a growing segment. In its February 2020 report,&nbsp;<a href="https://www.mckinsey.com/industries/retail/our-insights/digital-disruption-at-the-grocery-store" rel="noopener noreferrer" target="_blank">Mckinsey</a>&nbsp;forecasted that online grocery sales would grow from around 3 to 4% of total grocery sales to 10% by 2025. Growth was significant enough for Amazon to enter the grocery market with its purchase of Whole Foods Market and launch of Amazon Go, and for other online food retailers to accelerate innovation in order to capture their slice of the pie.</p><p>Then March 2020 happened. Consumers, the vast majority of which were still relying on trips to the store to purchase cold and frozen goods, had no choice but to purchase these goods online. Between&nbsp;<a href="https://vegetablegrowersnews.com/article/food-industry-cold-storage-shift-with-online-demand/" rel="noopener noreferrer" target="_blank">March 13 and 15, 2020, the U.S. grocery industry experienced a 100%</a>&nbsp;increase in daily online sales versus the baseline period of March 1 to 11, 2020. The landscape changed and now retailers are reading the trends that are presenting them with new opportunities.</p><p><strong>COVID-19 will change the way consumers shop, eat and dine in the long-term.</strong></p><p>Industry experts predict that COVID-19 will fundamentally change the way consumers shop, eat and dine. Pre-pandemic, many people could not fathom that the supply chain would be robust enough to reliably deliver refrigerated and frozen products to their homes. However, they immediately discovered that in the vast majority of cases it was, thanks in part to regulatory changes and the introduction of new technologies that are enabling the cold storage industry to demonstrate its reliability and keep pace with demand.</p><p>Since March 2021, frozen foods have become one of the fastest-growing grocery categories,&nbsp;<a href="https://www.supermarketnews.com/consumer-trends/frozen-food-sales-21-2020-covid-alters-shopping-and-eating-behaviors" rel="noopener noreferrer" target="_blank">growing 21% between 2019 and 2021</a>, and experiencing a 75% increase in dollar sales in 2020. According to Doug Bake, the Food Industry Association Vice President of Industry Relations, consumers in lockdown were “looking for meal plans, culinary creativity and convenient, cost-effective solutions. The frozen foods category offers these benefits to shoppers and that’s why we see all areas — from meal ingredients to meal solutions — reaching new audiences and increasing purchases.”</p><p><strong>Clean labels help frozen food retailers win over health-oriented consumers</strong></p><p>Although COVID-19 has been the biggest impetus for growth, frozen and refrigerated food retailers have also been able to successfully position themselves in the health and wellbeing categories by responding to consumer trends by offering products that provide both health and convenience benefits.&nbsp;&nbsp;</p><p>Julie Henderson, VP of communications at the National Frozen &amp; Refrigerated Foods Association (NFRFA) attributes some of the success to reminding consumers that the cold chain enables “ingredients [to be] picked at the peak of ripeness and flash-frozen, sometimes right on the field, to lock in all the beneficial nutrients and keep them in their perfect, just-picked state.”</p><p>The focus on clean labels as a winning strategy for frozen food retailers was clearly reflected in the winners of&nbsp;<a href="https://www.refrigeratedfrozenfood.com/articles/99402-champions-of-cool-2020-best-new-refrigerated-and-frozen-retail-products-winners" rel="noopener noreferrer" target="_blank">Refrigerated and Frozen Foods</a>’ 2020 Best New Refrigerated and Frozen Food Retail Products, with awards going to: Devanco Foods’ No MSG Gyros Kits, Bell &amp; Evans’ Chicken Meatballs (that are “uncooked and nitrogen frozen to lock in the freshness and natural juices”), and Fresh Cravings’ Plant-Based Dips.&nbsp;</p><p><a href="https://www.supermarketnews.com/center-store/clean-label-plant-based-and-high-quality-frozen-foods-drive-sales-gains" rel="noopener noreferrer" target="_blank">Plant-based</a>, gluten-free, low-carb and paleo- and keto-friendly foods are all trends that frozen and refrigerated food retailers are successfully responding to.</p><p><strong>What does this mean for Cold Storage?</strong></p><p>In simple terms, it means that demand for cold storage will continue to boom for the foreseeable future. Whereas growth in the cold storage market was reported to be&nbsp;<a href="https://www.ritehite.com/en/am/news/2019/blog/4-biggest-cold-storage-trends" rel="noopener noreferrer" target="_blank">4% CAGR from 2013 to 2020</a>,&nbsp;<a href="https://foodinstitute.com/focus/demand-for-cold-storage-continues-higher-on-strength-of-food-and-pharmaceuticals/#:~:text=Among%20the%20factors%20driving%20growth,products%20that%20require%20specialized%20storage." rel="noopener noreferrer" target="_blank">The Food Institute</a>&nbsp;now expects growth to surge to 11.71% from 2019 to 2026 and value to leap to $217 billion by 2026 versus $89 billion in 2018</p><p>With all indicators pointing to continued growth and innovation in the segment, new and established frozen and refrigerated food retailers will be looking for scalable cold storage resources. One Stop Spaces has a variety of cold storage facilities within its portfolio of commercial properties in the New York and Tri-State Area that are available for both short and long-term rental. For more information call us today on +<a href="tel:7187868400" rel="noopener noreferrer" target="_blank">1-718-786-8400</a>.</p>

Cold Storage Demand Booms due to surge in Frozen Food Sales

<p>Managing seasonal inventory is complex. Suppliers face challenges including a rise and fall in revenues, successfully managing their cash flow, marketing budgets, and their supply chain. There are many opportunities for precious profit to leak through the gaps in the chain. Warehousing is another chainlink that can cause headaches for companies that experience high peaks and low troughs in demand and sales.</p><p><strong>Peak Season</strong></p><p>Every seasonal business wants to ensure that it is capitalizing on its peak season. Not only is it an opportunity to boost profits, but also to gather information on target customer’s shopping behaviors. Moreover, it’s a period that if sufficiently tracked and evaluated will offer lessons that can be improved upon the following year.</p><p>Correct supply chain management is clearly crucial at this time. Just like businesses, vendors and suppliers experience seasonal changes. Planning ahead in order to secure required materials is fundamental in avoiding price premiums or disruption to the business.</p><p>Warehousing space also requires planning. While some warehouses are equipped to manage spikes in demand for inventory space and fulfillment, it’s not always the case. Warehousing costs are likely to increase during peak times which can erode profits and in the worst-case scenario, force businesses to decrease their inventory, leading to slow delivery times and disgruntled customers.</p><p><strong>Off-Peak Season</strong></p><p>Excessive or deadstock is the biggest risk during the low season. When stock is left on the warehouse shelves for too long, cash flow becomes tied. Instead of holding on to excessive or deadstock, the best option is to apply discounts and recoup as many sales as possible.</p><p>With regards to warehousing, the urgency is to avoid paying for space that is simply not being used.</p><p><strong>Taking a Flexible Approach to Inventory Management</strong></p><p>The ideal scenario is for seasonal businesses is to maintain a flexible approach during both peak and off-peak seasons. There are many models that businesses can apply to help them better manage their inventory including First-in, First-Out (FIFO) which sees the product that has spent the most time in the warehouse shipped to the customer; Last-in, First-Out (LIFO), which takes the opposite approach, particularly during peak season when products which have most recently arrived at the warehouse are likely to be carrying a cost premium due to demand – this approach most suited to perishable items; Just-In-Time (JIT), when stock is only ordered as it is needed, and ABC analysis in which products are differently managed depending on their value.&nbsp;</p><p>When it comes to warehousing, businesses also have options. The majority of warehouses request long-term contracts and inventory minimums. For businesses with high seasonality, it simply does not make sense to pay for unused space and maintain a minimum level of inventory when demand is not there. Unless space can be replenished with complementary products that support the business during the off-peak season, money is simply being wasted.</p><p><strong>On-demand Warehousing Scales with Seasonality</strong></p><p>On-demand warehousing, on the other hand, offers seasonal businesses the opportunity to scale up and down as demand fluctuates throughout the year, cutting unnecessary waste from cost and giving full control over how inventory is managed month-to-month in line without any punitive contractual obligations. As the peak season approaches, on-demand warehousing lets businesses ramp up in a cost-effective manner without having to sacrifice any inventory due to insufficient space.&nbsp;</p><p>One Stop Spaces offers a portfolio of on-demand warehousing facilities in the New York and Tri-State that give seasonal businesses the flexibility to add and reduce space as and when they need it. Month-to-month rentals mean that expanding or downsizing in line with demand is simple and cost-effective. For more information, call us today at +<a href="tel:7187868400" rel="noopener noreferrer" target="_blank">1-718-786-8400.</a></p>

How to stop profit leaking from your seasonal business

<p><span style="font-weight: 400;">Artificial Intelligence (AI) has been one of the great buzzwords of the last decade, alongside Big Data, machine learning, and digital transformation. For those who do not work in tech, these are concepts difficult to envisage in the form of real-life applications. However, the last few years have seen concepts start to leap from the page and become tangible solutions with roles to play in our homes and workplaces. One industry making impressive headway in this field is the warehouse industry which is fast becoming a showcase of what artificial intelligence solutions look like, the roles they fulfill, and the quantifiable benefits they bring to the bottom line. </span></p>
<p><span style="font-weight: 400;">In this blog post, we look at a handful of artificial intelligence solutions and explore how they are improving warehouse operations and management.</span></p>
<p><b>Firstly, what do we mean by Artificial Intelligence?</b></p>
<p><span style="font-weight: 400;">Artificial Intelligence, as we talk about in this blog, is the term used to describe a machine or system able to perform actions based on information it receives digitally. Technologies like </span><a href="https://www.pcmag.com/news/what-is-cloud-computing"><span style="font-weight: 400;">cloud computing</span></a><span style="font-weight: 400;"> and </span><a href="https://www.sas.com/en_us/insights/big-data/hadoop.html"><span style="font-weight: 400;">Hadoop </span></a><span style="font-weight: 400;">are empowering Big Data and enabling companies to store extraordinarily vast amounts of data including text, audio, and images. Complementary technologies have been developed to capture more data (e.g. sensors) and exploit the data, (e.g. machine learning, which works by giving a computer a goal, some instructions (algorithms), and a huge data set with which to teach itself how to achieve its goal, for example, recognize a human face).</span></p>
<p><span style="font-weight: 400;">Let’s take a look at some real-life applications of artificial intelligence in the warehouse industry.</span></p>
<p><b>Robotics </b></p>
<p><span style="font-weight: 400;">Robots are the classic face we put to AI, and in the case of warehouse operations, this is now a reality that is bringing huge efficiency and productivity gains in the picking process. </span></p>
<p><span style="font-weight: 400;">Picking is a fragmented process prone to human errors such as picking the wrong product, incorrectly placing it on the picking wall, or attaching the wrong address. With low margins in warehouse management, such errors quickly erode profit.</span></p>
<p><span style="font-weight: 400;">In 2018, DHL introduced </span><a href="https://locusrobotics.com/features/autonomous-robots/"><span style="font-weight: 400;">LocusBots™</span></a><span style="font-weight: 400;"> into their warehouse operations. The robots, which are essentially self-driving carts with a computer screen displaying key information, guide pickers to the correct location, product, and deposit basket, while alerting the picker to any mistakes made during the process. The bots use “machine vision” to navigate around the warehouse, and are fed information from other systems that enables them to automatically prioritize next-day deliveries. </span><a href="https://www.youtube.com/watch?v=6LIyejzv61c"><span style="font-weight: 400;">DHL reported that bots </span></a><span style="font-weight: 400;">had led to an increase in picking productivity from 70-80 units per day when using cart pulling to 150-180 units daily, and a reduction in order fulfillment time from 5 to 1-2 days.</span></p>
<p><b>Augmented Reality</b></p>
<p><span style="font-weight: 400;">E-commerce is </span><a href="https://onestopspaces.com/e-commerce-growth-since-the-start-of-covid-shutdowns-powers-warehouse-industry/"><span style="font-weight: 400;">constantly adapting to trends</span></a><span style="font-weight: 400;"> and triggering new ways of doing business which means warehouse managers need to adapt fast &#8211; especially 3PL warehouse managers. Warehouse layout is fundamental to having efficient warehouse operations, so when it needs to change, it has to be right.</span></p>
<p><span style="font-weight: 400;">Augmented reality brings tremendous benefit to this scenario. Augmented reality glasses enable warehouse planners to walk the floor while visualizing in 3D what the proposed layout changes would look like, and simultaneously test whether they would work. This ability to simulate changes, rather than having to implement then trial them, brings huge time and cost savings, and makes operations more flexible to change in the long run. </span></p>
<p><b>Voice Recognition</b></p>
<p><span style="font-weight: 400;">Voice Recognition is another AI application enhancing picking. In this case, Natural Language Processing is used to convert text information related to the order, such as product number, into audio. This audio is delivered to a headset worn by the picker. Once a picker has located the correct product, they confirm, also via voice, that the instructions have been completed.</span></p>
<p><span style="font-weight: 400;">Warehouses are adopting voice recognition technology in order to make picking both more efficient and safer. Without the need to hold a scanner or hit buttons, pickers can work hands-free, and fewer visual checks against numbers or other information reduce eye strain.</span></p>
<p><b>Internet of Things</b></p>
<p><span style="font-weight: 400;">The Internet of Things generally refers to the use of sensors to collect data and automatically feed it into other data processing and decision-making systems.</span></p>
<p><span style="font-weight: 400;">A successful case study of sensor deployment has been by cold storage facility </span><a href="https://enterpriseiotinsights.com/20181217/channels/use-cases/how-lineage-reduced-energy-by-third"><span style="font-weight: 400;">Lineage Logistics</span></a><span style="font-weight: 400;"> who were looking for a way to reduce their energy consumption and costs. One obvious solution was to pull more energy from the grid at night when electricity was much cheaper compared to during the day. Sensors enabled them to implement this strategy which saw them overcool their facilities at night and then automatically manage the temperature inside the warehouse through the use of over 1,000 sensors and artificial intelligence software that triggered the freezers to power up only when needed. </span></p>
<p><span style="font-weight: 400;">In 2018, they calculated the impact to be $4 million in savings and 34% reduction in energy consumption.</span></p>
<p><span style="font-weight: 400;">While the majority of warehouses are still in the early stages of their own digital transformation, these examples show that AI will soon be a staple of warehouse operations.</span></p>


How Artificial Intelligence is Improving Warehouse Operations

<p>While snow is expected every year in New York and the Tri-state area, this winter’s string of snowstorms delivered more than twice the average annual snowfall in the area, putting commercial property owners and managers under more pressure than usual to meet snow removal time limits.</p>
<p>Responsible removal of snow and ice isn’t just a concern for owners and managers. For businesses considering commercial leasing options, on-site maintenance, including snow removal, is of paramount importance. Not only do they need to have safe access to their leased property and its surroundings, but they also want to feel confident that their property management company are complying with the associated local laws.</p>
<p><strong>Snow clearance time limits for New York City</strong></p>
<p>Each New York district stipulates its time limits within which property managers must make their buildings, surroundings, and sidewalks safe for public circulation.</p>
<p>For New York City, that time limit is 4 hours if snowfall ends between 7am and 5pm. In the case it ends after 5pm, the general rule is that snow and ice must be cleared by 11am the following morning.</p>
<p><strong>What does snow and ice clearance entail?</strong></p>
<p>Property management companies should always plan ahead for snow and ice removal, for example, checking downspouts before the start of winter, and laying ice melt before any snow starts to fall. Once it has settled on the ground, New York City guidelines for its safe and responsible removal include:</p>
<ul>
<li>snow must not be shoveled into streets or on top of fire hydrants,</li>
<li>where possible, cleared paths should be at least four feet wide,</li>
<li>where snow or ice is too hard to be removed, “ashes, sand, sawdust, or similar suitable material” can be used as a temporary solution until the sidewalk can be safely cleaned,</li>
<li>when de-icing sidewalks, make sure that the water from the snowmelt does not refreeze and create a slippery pathway of ice.</li>
</ul>
<p><strong>What are the penalties for non-compliance?</strong></p>
<p>Owners or managers who fail to comply with the time limits can find themselves receiving fines ranging from $10 to $150 for the first violation, up to $350 for a second or third offense.</p>
<p>More concerningly, those who do not properly clear New York City sidewalks may find themselves civilly liable in the event of a slip and fall accident, especially if it is proven that they knew or should have known about ice and snow causing unsafe conditions and took no steps to correct it.</p>
<p><strong>Snow removal as a standard part of on-site maintenance</strong></p>
<p>One Stop Spaces includes snow removal as part of our standard on-site maintenance. We make sure that all appropriate services and processes are put in place way ahead of time, from contracting specialized service companies to having a clear communication plan to keep customers fully informed on when they can return to their leased premises. This is part of our commitment to getting our customers quickly and safely back to work during the winter months.</p>


Why timely snow removal means fewer slip-ups for all.

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					<div class="elementor-text-editor elementor-clearfix"><p>Warehouse industry growth continues. Looking back at this same period a year ago, we wrote about strong growth and even stronger prospects for 2020—and that was before COVID-19. The positive outlook we predicted has been turbo-charged by world events that show no sign of abating.</p><p>While most sectors have slowed since early 2019, the warehouse/distribution market is still growing.  Amazon saw pre-COVID growth over 20%&#8211;a rate that shot up to over 35% right after the shutdown. Other e-commerce retailers and hybrid online/brick-andmortar saw increases as well.</p><p>The trend towards online shopping skyrocketed as stores and restaurants closed by government order. Shopping online was the only alternative for most people—a situation that stretched from “two weeks to flatten the curve” to months and months of shutdown. Many brick and mortar stores could not survive, permanently closing and leaving shoppers with few alternatives but big box stores and online shopping. Online shopping is now a habit for many more people—and a necessity in many areas. What was once a growing trend is now likely a permanent reality.</p><p>While the economic impact of COVID shutdown orders has been devastating for most people and businesses, the warehouse industry has enjoyed nearly unprecedented growth. Unemployment numbers nationwide reached Depression-era rates, however, job growth in this sector is robust:</p><ul><li>Warehouse and storage jobs grew 7.26% in the last ten months</li><li>Couriers and messenger jobs grew 26% from the start of the pandemic shutdowns</li><li>Amazon hired over 100,000 people last March, added another 75,000 the following month, and continues to add jobs to the economy</li></ul><p>The pattern of job growth shows that the “last mile” part of the distribution chain, bringing goods from the warehouse to the doorstep, experienced the fastest growth.</p><p>COVID is not just affecting growth in e-commerce and e-commerce jobs. It is driving two additional trends that are affecting warehouse occupancy rates.</p><p>First is the expansion of perishable delivery. People are increasingly turning to grocery delivery services of refrigerated and frozen items. Developers are investing in coldstorage real estate at a fast clip.</p><p>A second major change is the need for a more robust supply chain. Just-in-time logistics in a globally integrated supply chain proved extremely vulnerable to disruption. Even a year after the first COVID shutdowns, supply chains are still experiencing high out-ofstock rates. More storage capacity at every link in the supply chain, from parts to finished goods, is one way the market is adding resilience to the system.</p><p>The result is exceptionally strong demand for warehouse space, despite a generally poor economy. The head of research at Prologis reports that vacancy rates are “in the low fours,” between 3% and 5% globally. In the last downturn in 2007-2008, vacancy rates were between 7% and 10%.</p><p>Expect the sector to remain strong and continue to evolve. As a result, vacancy rates will remain low, especially in high demand areas, like specialty/cold-storage and last mile locations. With high demand and low vacancy rates, rents will remain high.</p></div>
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E-Commerce Growth Since the Start of COVID Shutdowns Powers Warehouse Industry

<h3><strong>Over 30 Convenient Locations</strong></h3><p>Did you know that we have over 30 sites located across the tri-state area? From warehouses to office spaces and other types of commercial properties (such as parking lots), we’re sure to have a space that will fit your needs. Additionally, unlike other commercial property companies in New York, our spaces are located in prime, popular locations.</p><p><br></p><h3><strong>Superb Service</strong></h3><p>Here at One Stop Properties, we offer competitive pricing. Our team is experienced and will not allow you to pay for the unused or unneeded property; you’ll only pay for what you rent and use (and not to mention, we offer flexible terms, too)! We know that there’s not a “one-size-fits-all” budget — so we’ll do our best to find you your ideal commercial space for a beautiful price.</p><h3><br></h3><h3><strong>On-Site Maintenance Team Included</strong></h3><p>When you find the perfect space, did you know that it will also come equipped with an on-site maintenance team? That’s right — you won’t have to worry about hiring a third-party company to help maintain your property; leave it to us! Each location has an on-site maintenance team ready to spring into action and help whenever needed. You’ll feel much more at ease knowing that there’s reliable assistance just around the corner.</p><h3><br></h3><h3><strong>Commercial Properties in New York</strong></h3><p><a href="https://onestopspaces.com/about-us" rel="noopener noreferrer" target="_blank">One Stop Properties</a> is the tri-state area’s go-to for commercial properties and spaces. Contact us today at (718) 786-8400 or <a href="https://onestopspaces.com/contact-us" rel="noopener noreferrer" target="_blank">online</a> to learn more about our commercial space opportunities and how we can help find yours!</p>

Why Choose One Stop Properties For Your Renting Needs

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					<div class="elementor-text-editor elementor-clearfix"><p>With record e-commerce online holiday shopping comes record holiday returns, challenging the reverse supply chain as never before. </p><p>The reverse supply chain refers to the process that begins with a consumer sending back unwanted merchandise to a retailer, including bookkeeping issues like issuing refunds and charge-backs to manufacturers, through to moving the merchandise out of the reverse supply chain. That can include anything from restocking for selling to another end customers to liquidating the merchandise. </p><p>With the growth of e-commerce comes a concurrent growth in returns processing. Estimates of e-commerce holiday shopping sales growth range between 32% to 40% over 2019, totaling between $188 to $235 billion. Whatever figure is accurate, all of them represent record volume. </p><p>E-commerce retailers and their logistics partners are already seeing record returns. Analysts predict that reverse logistics in processing unwanted merchandise could top $70.5 billion, representing an increase of 73% over the annual average of the past five years combined. Ecommerce typically experiences a higher rate of returns that can top 30% over the holidays. The return rate for merchandise purchased in stores hovers between 8% and 10% in contrast.   </p><p>The space needs of the reverse supply chain are fundamentally different from plain ecommerce fulfillment. Products need to be received, matched with sales so a refund can be issued, then processed either for resale, reuse, or liquidation. Processing can involve restocking, shipping back to manufacturers, or shipping out to reuse or liquidation companies. The longer the unwanted products sit in the process, the more they depreciate in value. The average cost of a returned item is upwards of 59% of the original retail sales price. Trimming time and complexity is key to profit. It is a complex process that takes space.</p><p>The impact of the expanding volume of the reverse supply chain on warehouse space is as great as the expansion of e-commerce itself. Analysts are predicting that the reverse supply chain will need at least 400 million square feet of additional warehouse space within five years to handle the surge in returns processing.</p><p>With warehouse space already in tight supply, analysts predict that new space will need to be developed. That means repurposing existing structures and building from ground up. One trend is to put under-used mall space to work. Others are using the back rooms of retail stores, when available,  to handle some of the volume. </p><p>To truly address the need for space, however, new warehouse square footage will need to be built from the ground up. While proximity to end customers is important for delivering merchandise quickly, returns can be processed in perimeter locations. Investors are abandoning mall stocks in favor of red hot warehouse companies that are investing in constructing new space.</p><p>Though the pandemic that spurred record jumps in e-commerce volume is beginning to fade, the changes in habits it has caused is likely to be a permanent part of the retail and warehouse landscape. Consumers are unlikely to return to stores in volume, preferring the convenience of online shopping. The impact on warehouse space—including handling the reverse supply chain—will be an ongoing factor in driving demand and costs per square foot.</p></div>
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Holiday Returns Challenge the Reverse Supply Chain

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					<div class="elementor-text-editor elementor-clearfix"><p>The warehouse and distribution industry has been challenged like never before this holiday shopping season. The trend towards online shopping is decades in the making, but COVID has driven ecommerce to unprecedented levels. The business is responding with rapid innovation.</p><p>With growth in volume—<em>The New York Times </em>reported the <u>warehouse/distribution system in the US</u> is shipping 7.2 million more packages every day than it has the capacity to deliver—comes an expanded season. Those people working from home appeared to start their holiday shopping earlier in the season this year. And they did a considerable amount of it during work hours. The result is a spreading out fo demand across more weeks. The growth of the “reverse supply chain,” dealing with product returns and exchanges, extends the seasonal crunch at least a month into the new year.</p><p>Retailers, distributors, and warehouse operators are responding to the growth and unpredictability of demand this holiday shopping season with true innovation and maximum flexibility. Key trends include:</p><ul><li>Use of third party logistics (3PL) providers to pick up some of the pressure felt by warehouse companies for additional space, equipment, and workers. 3PL options allow for a rapid and temporary expansion of capacity without a huge capital expense outlay and concurrent delays. When things fall back to normal—assuming normal is even a thing anymore—capacity can rapidly shrink back down.</li><li>Repurposing space is another tactic. Warehouse space can become cross-dock distribution space. Inventory can push out to distribution centers themselves, turning them into miniwarehouses. Retail stores are becoming distribution and warehouse-like in function. Store clerks are pick and pack staff, with the back door and the front door operating as distribution bays. Customers can pick up in the front and items can ship to homes from the back.</li><li>A third innovation is the use of pop-up space. Using temporary structures, warehouse and distribution companies are constructing extra space in hours in under-used parking lots and vacant space. Temporary space handles the seasonal spike in volume, and literally collapses to nearly nothing when no longer needed.</li><li>Stock redistribution is gaining ground as both a holiday demand spike tactic and for long-term inventory optimization. By analyzing stock against the location of demand, shippers can place goods closer to buyers. The tactic balances shortages and surpluses to optimize service levels, speed, and in-stock status. This concept is particularly helpful for items with a long lead time and those that are smaller and cheaper to ship. Inventory optimization is data-centric, requiring metrics such as customer demand forecasts, transportation costs, stock level target ranges, sales prices, and customer priorities.</li></ul><p>The warehouse industry is not one that stands still in any sense. Innovation is a constant in this dynamic and highly competitive business. Indeed, business as usual is not a feature of this holiday season or beyond. The unpredictability of the season and the massive holiday and long term growth in demand for ecommerce has spurred creativity that will serve the industry well in the future. The competing pressures of speed, availability, responsiveness, and cost control will remain long after the holiday is over. These four innovation trends will continue to drive optimization across all fronts for years to come.</p></div>
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Handling Holiday Demand—Key Warehouse and Distribution Innovations to  Handle the Crunch

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					<div class="elementor-text-editor elementor-clearfix">Warehouse automation was a trend before COVID-19. Since the pandemic, the trend has accelerated.


<h2>Increase Investing in Warehouse Automation</h2>

Some 66% of companies in e-commerce and 59% in grocery report they are investing more in automation, according to the 2020 Honeywell Intelligrated Automation Investment Study. The study was conducted among leaders and decision-makers early in the pandemic, between April 21 to May 7, 2020.


<h2>Automation Adds Flexibility and Adaptability</h2>

Companies are seeking flexible warehouse assets when it comes to automation. One industry analyst speaks of “wild fluctuations” and another refers to “seismic shifts” in the business. Massive change comes in the form of economic uncertainty. The unexpected and evolving impacts from COVID-19roil markets on a macro level and a fast-changing competitive landscape and consumer tastes add risk on a microlevel.


The challenge is in having enough space for peak demand, but not getting financially choked by paying for too much space if demand dips. Workplace automation of the warehouse creates adaptability in overhead costs and productivity per square foot.


Warehouse automation is making different kinds and sizes of space feasible for warehousing activities.So-called micro-fulfillment is one way that logistics companies are adapting. Smaller spaces that are closer to the consumer are in high demand. Automated order processing, fulfillment and delivery help optimize these properties for fast, accurate, and cost-effective operations.


It is important to design around warehouse automation instead of trying to shoehorn automation into existing layouts. To use tech-enabled cross-docking, for example, you need more space around the loading docks and less space for storage.


<h2>Leading Warehouse Automation Technologies</h2>

The social distancing that dealing with COVID-19 requires is driving increased connectedness and automation. Trending technologies include:
<ul>
 	<li>Warehouse execution software to orchestrate the interaction of people, processes, machines and merchandise to make facilities run better, while keeping people apart.</li>
 	<li>Order picking technology that uses voice-guided technology increases hands-free interaction with various systems and equipment.</li>
 	<li>Robots to do the actual moving of goods to minimize the number of people in the warehouse. A limited workforce, working with robots, can increase safety, improve productivity, and cut costs.</li>
 	<li>Data analytics that can track activities, optimize operations, slash turnaround times, and cut costs even further.</li>
 	<li>Maintenance and cleaning robotics that use disinfecting chemicals and ultraviolet light to kill microbes for cleaning large warehouse spaces. New models use mapping technologies and 3D cameras to navigate space like giant Roombas®.</li>
</ul>

<h2>Warehouse Automation Financing and ROI</h2>

While warehouse automation investments do pay off for companies, costs can be daunting for some. Getting started is not easy.


Effective design and implementation can reduce the investment risks and accelerate returns on investment, while also contributing to cost-cutting and productivity gains. Outside experts add cost, but very likely can save you money in the long run.


Consider a step-by-step approach to warehouse automation. It’s not an all or nothing endeavor. Start with proven technologies like automated storage and retrieval systems, robotic palletizers and stretchwrappers for sure and predictable payback model. Balance payback and benefits against cost.


Consider renting equipment. Leasing instead of buying adds more flexibility, with some deals permitting upgradespartway through the equipment lifecycle.</div>
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How workplace automation is generating demand for warehouse space

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					<div class="elementor-text-editor elementor-clearfix">The New York metro warehouse space demand boom continues—driven by several factors. The COVID-19 pandemic has decimated the US economy and hit real estate especially hard—but not in every sector. In fact, the market for warehouse space in the New York metropolitan area is growing.

Ecommerce has seen already accelerated demand growth to warp speed. With people sheltering in place, buying online is a necessity–and has become a source of entertainment.

Moreover, COVID-19 has other impacts of warehouse space demand that are not so obvious—all of which are driving the market dynamics for warehouse space.

<h2>Ecommerce volume is exploding</h2>

One of the major drivers the warehouse space demand is Amazon. The company <a href="https://www.businesswire.com/news/home/20200730006021/en/Amazon.com-Announces-Quarter-Results">announced</a> a record-breaking—record-<em>smashing</em>—second quarter. That included record:
<ul>
 	<li>Revenue of $88.9 billion</li>
 	<li>Operating cash flow of $51.2 billion, up 42%</li>
</ul>
It isn’t just Amazon. Walmart, Target, CVS, and <a href="https://www.nreionline.com/industrial/increased-demand-warehouse-space-and-labor-created-covid-19-could-be-long-term-trend">other retailers are rapidly expanding</a> their ecommerce offer, with increased hiring and warehouse space.

<h2>Fatter Inventory Requires More Space</h2>

Growing ecommerce activity is just one factor that is driving demand. Also significant is a change in the supply chain philosophy.

Just-in-time inventory was once the goal because it minimized the cost of financing and storing items. Cross docking from supplier to customer may have minimized costs, but it also left the supply chain vulnerable to disruption. During the COVID-19 market shift, retailers and distributors lost revenue due to extensive out of stock conditions—often with long lead times to replenish.

Businesses now recognize the need for “safety stock” and that requires more space. “There’s this move away from just-in-time [inventory], so the tenants are getting fatter,” Kevin McGown, an industrial real estate advisor, told <a href="https://www.wsj.com/articles/real-estate-firms-expect-coronavirus-driven-shifts-will-spur-warehouse-demand-11586806285"><em>The Wall Street Journal</em></a><em>. </em>

<h2>Social Distancing Drives Layout and Space</h2>

Keeping workers six feet apart is the last factor driving the warehouse space demand boom in the New York metro area. Once driven by efficiency considerations exclusively, warehouse layouts now need to accommodate health and safety factors related to COVID-19. Spacing employees often translates into the need for more warehouse space.

Ecommerce is not the only user of commercial warehouse space, yet it is having an outsized impact on market price and vacancy dynamics. Prior to COVID-19, about 35% of industrial leasing was e-commerce related. Now it is over 50%, according to a <a href="https://www.cnbc.com/2020/07/09/us-may-need-another-1-billion-square-feet-of-warehouse-space-by-2025.html">warehouse space demand report</a> from JLL, commercial real estate services firm. JLL. They are predicting the country needs over a billion square feet of new warehouse space in the next five years.

Taken together, these factors point to a tight market for commercial warehouse space in the New York metro for years to come.</div>
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Warehouse SpaceDemand Boom:  Drivers of New Market Dynamics

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					<div class="elementor-text-editor elementor-clearfix"><p>The Warehouse as a Servicemodelis a relatively new, but fast-growing phenomenon. Partly driven by the scarcity of space for ecommerce fulfillment,and partly driven by skyrocketing customer demand, this new model isexpanding.</p>
<h2>What is Warehouse as a Service (WaaS)?</h2>
<p>Warehouse as a Service is amodelfor outsourcing some or all logistics functions, such as storage, stock management, fulfillment, shipping and tracking. Often shortened to “3PL” or “TPL” for “third party logistics, Warehouse as aService is seeing rapid growth that is over 15% faster than the growth of ecommerce overall.</p>
<p>As warehouses transformed from physical infrastructure and aplace to store goods and evolved into order fulfillment centers, the opportunity for Warehouse as aService emerged. Typical Warehouse as a Service offerings include:</p>
<ul>
<li>Managing inventory</li>
<li>Pick, pack and meter</li>
<li>International and domestic shipping</li>
<li>Local courier service</li>
<li>Tracking and reporting</li>
<li>Service centers with dedicated help staff</li>
</ul>
<h2>Benefits of Warehouse asa Service</h2>
<p>Companies that provide these specializedlogisticsservices have worked out all the kinksand costs. Most have invested in the latest equipment and software. With volume, they cannegotiateideal terms with carriers, including UPS, FedEx, and the US Postal Service, and discounts for packaging and printing.</p>
<p>Besides efficiency and cost effectiveness, Warehouse as a Service providers offer customers flexible scalability. Warehouse space is scarce, and expanding capacity takes time and money. With a Warehouse as a Service provider, scaling up is easy. Just as important for some businesses is the ability to scale down. A seasonal business does not need to carry excess warehouse capacity all year. It can add during the high season, then contract back down when things are slower.The inefficiencies of over-utilization and under-utilization are being driven out of the market.</p>
<p>Many companies do nothave the capital to establish a state-of-the-art warehouse system, especially if their business serves customers nationally or internationally.Warehouse as a Service gives them near instant ability to compete like a well-funded global giant by tapping into an established network of facilities.</p>
<p>The last benefit is human capital. Warehouse as a Service companies are run by well-trained and experienced staff who enjoy solid pay and benefits—with lower turnover.</p>
<h2>More than Just Space on Demand</h2>
<p>Flexible warehouse space has been around for decades, but what makes the Warehouse as a Service model so compelling today is its affordable comprehensiveness. These companies offer technology and operational innovations that are costly and complex to install. Add the scarcity and expense of finding</p></div>
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The Warehouse as a Service: New Business Model


<p>We have written how COVID-19 online shopping has impacted the warehouse space market in the New York Metro area, but that is not the only impact of the pandemic on this market. The spaciousness and adaptability of warehouse real estate is highly valued now, as organization grapple with social distancing at work.</p>



<p>The COVID-19 <a href="https://www.cdc.gov/coronavirus/2019-ncov/community/guidance-business-response.html">guidance for businesses</a> from the Center for Disease Control (CDC) covers policies and procedures for testing, disinfecting, and covering faces, however the big challenge for property owners is center of social distancing. Current <a href="https://www.osha.gov/Publications/OSHA3990.pdf">pandemic space reconfiguration recommendations from the Occupational Safety and Health Administration</a> (OSHA) revolve around using distance and barriers to keep employees safely apart.</p>



<h2><strong>Three Ways to Think about Space</strong></h2>



<p>Space is what warehouse real estate has in great quantities, but also the ability to flexibly change layouts and accommodate the use of barriers. Experts suggest thinking about social distance in three ways:</p>



<p>1. Density Reduction: Cut down on the number of people occupying a given area.</p>



<p>2. Geometry: Laying out furnishings and fixtures to minimize face-to-face orientations.</p>



<p>3. Division: Putting screens, plexiglass sneeze guards, and other barriers between people.</p>



<h2><strong>Other Ways to Enhance Safety in Your Space</strong></h2>



<p>Some of <a href="https://www.foley.com/en/insights/publications/2020/05/practices-precautions-commercial-landlords-reopen">the ways warehousing space use has changed due to COVID-19</a> goes beyond these basic space and barrier upgrades to include:</p>



<ul><li>Adding more access points to eliminate choke points where crowds of people gather</li><li>Marking floors with 6-feet-apart decals and arrows indicating one-way traffic flow so that employees can move efficiently through the space</li><li>Implementing touchless systems to eliminate surfaces that can spread disease, including door opening, restroom sinks and toilets, paper towel dispensers and more</li><li>Changing device usage procedures to limit the number of different people touching any one device and to accommodate disinfection between users</li><li>Adding sanitizer stations with signage that reminds employees to frequently wash their hands and sanitize surfaces</li><li>Adding anti-microbial films to high-touch areas, such as elevator buttons, door handles, and hand rails</li><li>Removing seating areas to discourage congregating in certain areas</li><li>Spacing out seating and tables in break rooms and lunch rooms</li><li>Upgrading HVAC systems to improve ventilation and reduce recirculated air</li></ul>



<h2><strong>Operational Changes Enhance Disease Prevention</strong></h2>



<p>Additional warehouse operational responses include changes in operations, as well:</p>



<ul><li>Staggered shift starts and ends so that crowds of people are not moving through crowded spaces at the same time</li><li>Changing the way staff meetings are conducted, including brief standing meetings, spread out over larger areas, often using voice amplifiers</li><li>Moving some functions from cubicles to permanent work-from-home status</li><li>Use of a screening program to detect fevers and using questionnaires to query employees about their health, the health of those around them, and their travel to or through infected areas</li></ul>



<h2><strong>Warehouse Space Not Just for Warehousing</strong></h2>



<p>The flexibility of warehouse space and warehouse operations is a benefit to commerce, without a doubt. The benefits of warehouse space, isn’t just for shipping today. Warehouse space is being eyed as an alternative to traditional office space in some areas. Ample parking, now crowding into elevators, and room to space out cubes is making companies seeking an alternative to office space take notice. We can expect to see an acceleration of warehouse-to-office conversions.</p>



<p>It all adds up steadily increasing demand that will likely last beyond the immediate impacts of COVID-19.</p>


Accommodating COVID-19: How Warehouse Space is Uniquely Suited


<p>Flex space is one of the fastest-growing types of industrial
real estate. Entrepreneurial companies need to stay agile in their real estate
commitments and landlords need a profitable response to the trend toward
shorter leases. Enter the flex space movement.</p>



<p>Small, fast growing businesses can share space or co-locate
office functions with manufacturing and warehousing, giving teams enhanced
communication along with easily reconfigurable space that evolves with their
needs. Landlords can enjoy a premium over leasing plain warehouse space for
flex space that is in growing demand.</p>



<p>When contemplating what is flex space, consider two options:</p>



<h2><strong>1. Flex Space beyond Co-Working</strong></h2>



<p>Some flex space is built around the co-working model. Suites
that can vary in size and configuration are built around share conference
rooms, kitchens, quiet rooms and rest rooms. Unlike co-working spaces, flex
spaces allows growing companies to create their own office cultures that are
not branded with the co-working brand. Companies can add to their suites as
their business grows. These flex spaces tend to be in urban centers in office
towers.</p>



<h2><strong>2. Flex Space as Co-Located Functions</strong></h2>



<p>Industrial and warehouse spaces are a different kind of flex
space altogether. Warehouses create an opportunity for another kind of flex
space. With these options, it is not about sharing office space with other
small businesses, but dividing space into different functions. In this case,
you rent the whole space, but divide it into offices, manufacturing space,
showroom, warehouse, and distribution facilities. These spaces can be
reconfigured to adjust to seasonal and changing needs. </p>



<h2><strong>Warehouses as Flex Space</strong></h2>



<p>Warehouses have high-ceilings and open space unencumbered by
weight-bearing walls. They often feature large truck doors to accommodate
incoming and outgoing product. Older warehouses are located in and around urban
areas. Newer spaces are typically in exurbs and are close to air, rail, and
freeway transportation options. Both offer advantages to entrepreneurs,
depending on the nature and needs of your business. </p>



<h2><strong>Flex Space Advantages</strong></h2>



<p>One advantage of flex space is that companies can pay
warehouse lease rates, paying less per square foot than typical office space. You
can often configure such places in ways that are customized to your needs and
the personality of your firm at relatively low cost. </p>



<p>Zoning and building permits are sometimes more relaxed in
warehouse facilities than in office towers. The high ceilings and open spaces
of a warehouse allow for creativity in design and layout at a much lower cost.</p>



<p>Flex space advantages are more than dollars and cents. By
co-locating different functions, companies can be more integrated and nimble.
Executives work side-by-side with R&amp;D, manufacturing, warehousing and
shipping. Enhanced communication and coordination is a critical benefit for
nimble entrepreneurs. You also have the opportunity to create a unique space to
enhance your corporate culture and your brand image.</p>



<h2><strong>Commercial Flex Space Demand</strong></h2>



<p>With so many financial, operational, and growth-supporting
advantages, it is no wonder that demand is growing for the chameleon of
commercial real estate. What is flex space? It is an attractive alternative
that is as attractive to potential tenants as it is as a profitable alternative
to landlords.</p>


What is Flex Space? | One Stop Properties


<p>Determining how to build an office inside a warehouse will help you wring maximum value from flex space. Flex space is a fast-growing segment of the warehouse real estate market. Leasing plain space that can function as your office, manufacturing, and warehouse simplifies your real estate and gives you flexibility to expand or change space devoted to each function. The key is efficiently building an office in your warehouse space that works for your business and your budget.</p>



<h2><strong>1. Consider Your Needs</strong></h2>



<p>Before you start planning, figure out what functions you
need to accommodate in your office. Do you need meeting space, space for IT,
offices for staff, and storage for paperwork? How many people will work in your
building? What is your work style? Do you need open collaborative space or
private quiet meeting areas? Here are the key steps in bringing your vision
into being.</p>



<h2><strong>2. Sketch out a physical plan</strong></h2>



<p>Sketch out the entire space leases. Graph paper where one
square is a foot can help. Locate doors and windows, plumbing, existing
electrical equipment. Then start sketching in the facilities you need. Moving
plumbing and electricity is expensive, so keep that in mind with your layout.
Window can provide needed light and ventilation. You will also need to consider
fire codes, local ordinances, and Occupational Safety and Health Administration
requirements. You will need expert help, but sketching your ideas down first
can help you think through the basics and the options, saving you money when
you do bring in a professional.</p>



<h2><strong>3. Hire an architect</strong></h2>



<p>A complete do-it-yourself isn’t easy because of the
regulatory and technical details of office space build-outs. Hiring an
architect will ultimately save you money because you will have a working
blueprint that ensures things get done right the first time. When you have done
your best graph paper sketch, share it with a pro. Your architect will help you
get a construction permit through your local building department and will
provide you with the detailed plans needed for electric, plumbing, ventilation,
and structural build outs. Permitting can be time consuming, with some areas
requiring a public hearing. Your architect can expedite any required changes
necessary to get a permit.</p>



<h2><strong>4. Hire licensed contractors</strong></h2>



<p>Most plans require some electrical or plumbing work. Framing
out the walls can be challenging in some cases. Experts can get the work done
well to quickly pass inspection and expedite the process of building your
office in a warehouse.</p>



<h2><strong>5. Purchase building materials</strong></h2>



<p>You can often get a better price buying the needed materials
all at once. Having building materials on hand can speed things up so that you
are not left waiting for deliveries. Your contractors can suggest materials and
quantities they need and may even have relationships with suppliers to save you
even more.</p>



<h2><strong>6. Decorate and furnish</strong></h2>



<p>Paint, carpeting and furnishing turn the space into a
comfortable and productive office environment. You can buy inexpensive pieces
used, try Ikea, or even build your own. A door placed on sawhorses can make a
great meeting table. Bits of old machinery, example products, and raw inputs
can turn into works of art on the walls. Be creative for a sense of place and
purpose to build an office inside a warehouse that is unique and functional.</p>


How to Build an Office inside a Warehouse


<p>Warehouse and industrial real estate is becoming more
specialized. Here is a look at the evolving kinds of warehouse and industrial
office spaces dominating the market today:</p>



<h2><strong>1. Manufacturing Facilities</strong></h2>



<p>These spaces support production or assembly of products.
Buildings devote relatively little square footage to offices. Configurations
are built around equipment, material inputs, and the products produced. Most
have truck loading docks or rail access. </p>



<h3><strong>&nbsp;Heavy Industry</strong></h3>



<p>Huge spaces for massive machines,
hundreds of workers (or robots), heavy duty power inputs, and accommodations
for bulky raw materials and shipping out finished products are features of
heavy industry manufacturing facilities. Lay outs are customized to maximize
efficiency of processes and space. Examples include oil and chemical
refineries, utilities, steel mills, and meat packing. </p>



<h3><strong>Light Industry</strong></h3>



<p>You will see greater variety in light
industry manufacturing spaces. Because these companies are more about assembly
than manufacturing, layouts are less customized and more flexible. They often
contain a certain amount of warehouse space to ship to wholesalers or final
customers. &nbsp;</p>



<h2><strong>2. Warehouse Space</strong></h2>



<p>The get-it-now impact of the “Amazon Effect” is pushing
warehousing to be closer to the final customer. </p>



<h3><strong>Distribution Centers</strong></h3>



<p>Location matters intensely in these
critical logistic network hubs. Space is configured for efficient—often
automated—packing and loading. Access to freeways, rail and airports are in
high demand. Agility—reaching customers fast—is valued.</p>



<h3><strong>Truck and Railway Terminal Facilities</strong></h3>



<p>Multi-modal shipping terminals for
truck, railway and air focus on transferring cargo. Storage is minimal, as
cross-docking is far more efficient. </p>



<h3><strong>General Warehousing</strong></h3>



<p>Traditional space for storing
inventory is still in demand. What is needed is raw interior square footage to
accommodate storage and handling equipment. Specialty inventories, such as for
frozen food or environmentally sensitive products require customization. </p>



<h2><strong>3. Flex Space</strong></h2>



<p>The flex space is a trend driven by the need for companies
to be nimble. Entrepreneurial companies look for plain space they can configure
and reconfigure to fit changing needs. Flex space accommodating all real estate
needs under one lease offers more than flexibility; it can improve
communication and coordination across company functions. Company executives are
in the same space as a manufacturing worker or warehouse foreman.</p>



<h2><strong>4. Research &amp; Development Facilities</strong></h2>



<p>Facilities that support research and development can be
fairly specialized. Lab space, product test space, equipment needs, and IT
demands vary widely by industry. A chemical R&amp;D facility may need to
conform to environmental safety regulations, while a new vehicle test facility
may need space for road testing. </p>



<h2><strong>5. Data Centers</strong></h2>



<p>Demand data center space is skyrocketing, driven by cloud
computing, artificial intelligence, and block chain. Location is less important
than access to low cost electricity. The machines themselves consume power, as
does the HVAC to keep them humming. </p>



<h2><strong>6. Showrooms</strong></h2>



<p>Showrooms that connect products to buyers are important in
many industries, from fashion to automotive. They are often configured as flex
space, as showroom needs can be highly seasonal. What drives value is proximity
to the customer base. Often, industry competitors co-locate so buyers can visit
a variety of vendors on one trip.</p>


Six Kinds of Warehouse and Industrial Office Spaces


<p>If you are in the market for office space, the implosion of WeWork
should factor into your search. The growth of flexible workspace and the
coworker office space trend has been driving up rent prices.</p>



<h2><strong>WeWork
Financial Woes Are Creating Opportunities</strong></h2>



<p><a href="https://www.marketwatch.com/story/heres-a-look-at-how-weworks-50-billion-pile-of-office-leases-could-unravel-2019-10-10">WeWork leases</a> 8.9 million square-feet for flexible workspace in New York City, which is 2% of the market, according to Cushman &amp; Wakefield in <em>MarketWatch</em>. The company has $22 billion in long-term liabilities, of which $17.9 billion are long-term leases. This means that WeWork will need money and fast. NBC predicts that <a href="https://www.cnbc.com/2019/10/17/what-happens-if-wework-runs-out-of-cash.html">WeWork will run out of cash</a> in mid-November 2019!</p>



<p><strong>Trend
to Lower Cost Leases</strong></p>



<p>If flexible workspace giant WeWork is unable to secure additional
funding with the implosion of its planned IPO, vacancies could skyrocket. That
could drive down rent prices, not just in buildings where WeWork might give
back space, but also in surrounding buildings. If that happens, it would be the
time to be in the market for office space. </p>



<p>First of all, you won’t be competing against WeWork in the near future, as they are no longer able to lease more space. This is considered a “<a href="https://www.wsj.com/articles/virtually-no-one-will-lease-to-wework-thats-a-drag-on-nycs-office-market-11569762002">blow” to New York City’s</a> already softening commercial real estate market,” WeWork’s decline could be a boon to companies looking to lease at better rates. </p>



<p>Second, it may be possible to scoop up nicely built out space as
the companies seek<s>s</s> to get out of selected leases. In some cases, WeWork
may walk away, leaving landlords willing to deal directly with customers. In
cases where WeWork attempts to negotiate better terms, an outsider might be
able to one-up them—especially an outsider with more solid finances than
WeWork.&nbsp; In buildings where WeWork leases
more than 50% of the property, landlords may be eager for alternative deals.</p>



<p><strong>Growth
of WeWork Flexible Workspace Competitors</strong></p>



<p>WeWork’s financial woes are largely internal. The market for
flexible workspace serving the coworker trend remains strong. <a href="https://www.nytimes.com/2019/10/02/business/iwg-mark-dixon.html">Regus and
International Workplace Group are thriving</a>, according to the <em>New York Times</em>. Without WeWork driving
up rent prices, <a href="https://www.coworkingresources.org/blog/the-competitor-of-wework">coworker space
companies</a> have more room to profit &#8211; so much so that landlords are becoming
flexible workspace hosts themselves.</p>



<p>The market remains strong, according to these <a href="https://www.smallbizgenius.net/by-the-numbers/coworking-statistics/">cowork statistics</a>. According
to Statista’s coworking space worldwide statistics, there are currently around
18,700 coworking spaces around the globe. The number is growing daily and is
expected to reach nearly 26,000 by 2025. Freelancers and entrepreneurial
companies are the main tenants for shared workspaces. The US leads the global
shared workspace market with 80 million square feet under lease.</p>



<p><strong>Flexible
Workspace Has Changed Tenant Expectations</strong></p>



<p>Whatever happens to WeWork, it has changed what tenants demand and expect in office space. Landlords are adopting a hospitality mindset, thinking like hotel operators and prioritizing design, amenities, and service. Office workers today, whether in a shared workspace or traditional office have a different approach to work/life experiences and expectations. This adds up to opportunities to get better value for dollars spent on rent prices.</p>


WeWork Situation Creating Opportunity in Coworker Office Space


<p>Old commercial warehouses in the New York metro area, once considered obsolete, are now part of a hot leasing market as logistics companies fight to win the “last mile” race. Class-B, -C, and –D industrial space in and near the city is being snapped up by companies needing to pre-position product as close to consumers as possible. The ability to move product over the last mile—from warehouse to consumer—faster than anyone else is creating hot demand for New York City warehouse space.</p>



<p>The consumer expectation that they can “get it now” is fueled by highly competitive internet and mobile e-commerce growth that shows no sign of slowing. This revolution in retail has created a revolution in the New York commercial warehouse market. Once not so long ago, warehouses were sited out beyond the exurbs where land, labor, and taxes were cheap. Today, urban “infill,” “last touch,” and “last mile” facilities are driving up lease costs for nearly any kind of space that can work as a commercial warehouse in the city.</p>



<p>One commercial real estate expert quoted in&nbsp;<a href="https://www.nreionline.com/industrial/why-obsolete-warehouses-last-mile-are-attracting-institutional-investors">National Real Estate Investor</a>&nbsp;said: “Every sub-market is constrained for product. It’s safe to say that any user with an expiring five-year lease is looking at sticker shock to renew, with rents at least 25 percent higher than they had been paying.”</p>



<p>The dynamic is particularly acute for last mile commercial warehouse space in New York, where the topic was covered in the&nbsp;<a href="https://nypost.com/2018/01/18/demand-for-new-york-city-warehouses-is-surging/">New York Post</a>. Amazon upped the ante by transforming prime Midtown office space at 7 West 34th Street at Fifth Avenue into a local distribution warehouse. Other retailers are following suit. Cushman &amp; Wakefield is quoted as saying commercial warehouse space in the city is at “century highs.” If customers expect delivery in under and hour, shipping from a warehouse down on I-95 in New Jersey isn’t going to cut it.</p>



<p>Spaces previously not considered for warehousing are being converted for logistics uses. For example, the Bronx ABC Carpet building in New York has been retrofitted and are being touted as industrial distribution centers. Big box retailers like Walmart now see their properties as more than just stores, putting them to double duty as e-commerce distribution centers.</p>



<p>With demand so hot, working with a local specialist in&nbsp;<a href="https://www.onestopspaces.com/available-rentals/" target="_blank" rel="noreferrer noopener">commercial warehouse rental properties</a>&nbsp;that knows where to find non-traditional space has become more important. Especially in New York, with the stakes are high, a partner like One Stop Spaces can make the difference.</p>


Last Mile &#038; Commercial Warehouses in New York: From Has-Been to Hot in Last Mile


<h2><strong>Commercial Warehouse Lease Agreement Terms: What You Need to Know</strong></h2>



<p>Commercial warehouse lease agreements are unlike other kinds of leases. These high-stakes contracts follow no standards. Each is unique. Because they are long term and involve lots of money, playing a central role in business operations and profitability, you need a solid understanding of the issues and terms to negotiate a good lease.</p>



<h3><strong>Commercial Warehouse Lease Structures</strong></h3>



<p>Commercial warehouse leases are legal contracts that can take different forms and structures. Here are some basics:</p>



<ul><li>Single net lease: Tenant pays utilities and associated property tax. Landlord covers repairs, maintenance and insurance.</li><li>Double net lease: Tenant is on the hook for utilities, property taxes and insurance premiums, leaving building maintenance and repairs to the landlord.</li><li>Triple net lease: Tenant is responsible for all costs excepting certain structural repairs.</li><li>Full service gross lease: Structural repairs and operating expenses like common area maintenance, utilities, property taxes, and property insurance are split between tenant and landlord.</li></ul>



<h3><strong>Devil in Commercial Warehouse Lease Details</strong></h3>



<p>Details matter. Any can have tremendous impact on profitability, operational efficiency and growth. Given the complexity of many commercial warehouse leases, it is not uncommon to find conflicts and gaps. Key terms include:</p>



<ul><li>Lease term: The length of the lease; when it begins, ends, and whether it can be renewed.</li><li>Rent: The cost for leasing along with escalations, and items like insurance, property tax, maintenance, and the how it’s computed.</li><li>Security deposit: Amount and conditions for refunding at the end of the lease.</li><li>Space description: Size and nature of the space, including hallways, rest rooms elevators, and other facilities.</li><li>Improvements: Modifications, build-outs, finishes, and fixtures added, when the work will be completed, who will pay and how, and then who owns at lease end.</li><li>Signage: Specifications on signs allowed, location, and installation method.</li><li>Maintenance and systems: Who will maintain and repair systems, such as heating and air conditioning, and other aspects of the premises.</li><li>Termination: Terms for ending the lease, including giving notice, penalties for early termination, and expected condition of the property when returned.</li><li>Disputes: Despite best efforts, the parties may find themselves in a dispute they cannot resolve. Most leases specify alternatives to court, like arbitration, and also jurisdiction if court is necessary.</li></ul>



<h2><strong>A Business-Critical Decision</strong></h2>



<p>Some experts say commercial warehouse lease terms are pivotal to whether your business survives. Bad ones can be a slow drain or devastating expenses when something unexpected happens. Look closely and understand every term before you sign.</p>


Commercial Warehouse Lease Agreement Terms: What You Need to Know


<p>The major trends that drive the commercial warehouse market in the United States are amplified in the New York region. The size of our market, its position as a global business center, and the population density of the New York Metro Area give such trends greater impact here. That affects warehouse rental prices and the price of every warehouse for rent.</p>



<h2><strong>New York Commercial Warehouse Market as a Trend-Setter</strong></h2>



<p>Commercial warehouses were some of the first buildings ever constructed in New York City. From the city’s earliest days as a trading settlement to its status now among the world’s busiest ports, New York has been the site of commercial warehouses of every kind.&nbsp; New York City has always been a trend setter in the commercial warehouse market.</p>



<h3><strong>Warehouse Rental: Four Top Trends</strong></h3>



<p>New market dynamics are driving your choices and the price you can expect to pay for a warehouse for rent. Here are the top four trends:</p>



<ol><li><strong>Synchronized Commerce.&nbsp;</strong>Today’s consumer demands a near endless variety of products be immediately available at the convenience of a mouse click. The impact of this trend is greatest with the “last touch” and “infill” warehouses that are close to or within population centers like New York. Space has always been at a premium in this commercial warehouse market. Today that premium is steep and growing steeper.</li><li><strong>Tech Enabled.</strong>&nbsp;The relentless drive for efficiency is powering the&nbsp;<a rel="noreferrer noopener" href="https://www.inddist.com/blog/2017/05/5-trends-impacting-modern-warehouse-operations" target="_blank">adoption of technology</a>&nbsp;in nearly every corner of the warehouse. From big data analytics and predictive modeling to robotics and automation, commercial warehouse space in New York is going high tech.</li><li><strong>Urbanization.</strong>&nbsp;<a rel="noreferrer noopener" href="https://www.citylab.com/equity/2012/03/us-urban-population-what-does-urban-really-mean/1589/" target="_blank">More Americans are living in cities</a>&nbsp;than ever before. More Americans living in population clusters fuels congestion and rising prices—and that impacts your choices when looking for a warehouse for rent.</li><li><strong>Multi-use.</strong>&nbsp;The use of warehouse space for hipster offices, tony galleries and hot nightclubs has been going on for decades. What is new is that the e-commerce revolution has flipped&nbsp;<a rel="noreferrer noopener" href="https://www.nreionline.com/industrial/e-commerce-industry-s-last-mile-needs-create-new-demand-old-warehouse-space" target="_blank">multi-use warehouses in New York</a>&nbsp;on its head. Demand for warehouse rentals is so high that non-traditional spaces are being turned into warehouses in a “creative sourcing” trend. Empty big box stores, open office space, parking garages, and even an abandoned military facility in Bayonne have become warehouses for rent.</li></ol>



<p>One Stop Spaces lists&nbsp;<a href="https://www.onestopspaces.com/available-rentals/">commercial warehouse rental properties</a>&nbsp;that span the commercial warehouse market options. We have your trendy office space, your historic sites, and many, many options for commercial warehouse operations.</p>



<p>From close to ports and transportation junctions to “last mile” locations, One Stop Spaces can provide with choices and can facilitate your logistics strategies.</p>


Four Trends that Drive the Commercial Warehouse Market in New York


<p>Understanding commercial warehouse pricing in New York requires that you go beyond simple supply and demand. Looking at how commercial warehouse space is used in the New York Metro area is the key to understanding the drivers of warehouse price and value.</p>



<h2><strong>Commercial Use Price Drivers</strong></h2>



<p>As a space for storing goods, the traditional purpose of the New York warehouse remains a price value driver. E-commerce has heightened the need for forward placement of products to satisfy consumer expectations for immediate availability of a huge variety of merchandise. Close-in “last touch” space near population centers is thus in high demand.</p>



<p>A Sequoia Partnership study with&nbsp;<a href="https://www.prologis.com/logistics-industry-research/innovation-disruption-and-value-time-next-10-years-logistics-real" target="_blank" rel="noreferrer noopener">Prologis</a>&nbsp;found such space commands two to three times the warehouse rental price of outlying sites. Tech-enabled facilities are also in demand. The same study suggests that a 1% saving in labor or transportation equates to between fifteen and twenty percent of the rental cost of warehouse space. Time to market is highly valued.</p>



<h2><strong>Impacts of Non-Traditional Uses Warehouse Pricing</strong></h2>



<p>Starting in the 1960s and continuing to this day, warehouses have lent themselves to uses beyond storing goods and materials. Called “adaptive reuse,” we have seen warehouses turned into trendy offices, artisan workshops, nightclubs, art galleries, and expo spaces. One Stop Spaces offers these and more.</p>



<p>We even have specialty section that caters to film and television production. This specialty includes&nbsp;<a href="https://www.onestopspaces.com/film-production-spaces-nyc/">film production spaces in NYC</a>, traditional storage for props, wardrobe and sets, but goes beyond to offer set locales with open yards, expansive indoor sound stages, and Manhattan skyline vistas. What drives the price for these non-traditional warehouse space users is the flexibility of the facility and grounds.</p>



<h2><strong>Overlapping Commercial Warehouse Pricing Value Drivers</strong></h2>



<p>Despite vastly different planned uses, storage and non-traditional warehouse renters often share similar values that impact price. How those values are defined, however, can vary.<br></p>



<figure class="wp-block-image"><img src="https://onestopspaces.com/wp-content/uploads/2019/07/commercial-warehouse-pricing-1.png" alt="" class="wp-image-5094"/></figure>



<p>Being close to a population center for a storage and shipping facility means putting goods close to the customer.</p>



<p>For a gallery or club, it can mean having customers close to the facility. Transportation affects access for the non-traditional commercial warehouse renters, and improved shipping for logistics companies. Technology impacts every business, so tech ready properties command a premium no matter what the use.</p>



<p>Offering special services means different things for different users, but landlords are savvy in finding out what the market wants and providing it in this competitive market.</p>



<h2><strong>Supply and Demand Is Just the Beginning</strong></h2>



<p>Commercial warehouse pricing is still a function of supply and demand. Understanding the nuances of e-commerce and adaptive reuse, however, can help you assess individual properties and understand commercial warehouse pricing in depth.</p>



<p>One Stop Spaces has&nbsp;<a href="https://www.onestopspaces.com/available-rentals/">nyc commercial property listings</a>&nbsp;that span nearly every use. We can help you find the one that suits your needs and price point.</p>


Understanding Commercial Warehouse Pricing in New York


<p><strong>Affordability</strong></p>



<p>The cost associated with a new rental space is significant when determining the suitability of office space. Costs to consider include the rental of a potential office, customization charges and expenses to be incurred when moving office equipment to the new offices. A business owner must ensure that the costs are affordable and within the budget to avoid financial constraint in the future (Celka, 2011). Also, the hidden charges that are sometimes overlooked must be acknowledged. Compare the cost of similar space within the area to avoid being overcharged. If a business owner opts to rent a warehouse then they should be aware of the expenses required to turn the space into a functional office space.<br><br><strong>Adequate Space</strong></p>



<p>The office size should sufficiently accommodate all equipment and employees. Space should facilitate the holding of meetings, and resting without violating individuals’ personal space. However, one must be cautious to avoid renting space that remains idle. Often warehouses have ample spaces that should be considered if large office space is a necessity.</p>



<p><strong>Proximity to public transportation and parking</strong></p>



<p>An office space’s location should be easily accessible to appeal to employees. The proximity discourages high turnover rates as workers seek alternative employment that involves reduced transportation costs (Celka, 2011). Besides, it reduces the fatigue levels thus ensuring productivity remains high.</p>



<p><strong>Proximity to clients</strong></p>



<p>Business owners are obliged to consider the closeness of a spacious office to the clients. In this case, an office space closer to the majority of consumers is preferred since its cut on the cost incurred assessing services from the office.</p>



<p><strong>Clarity on lease terms</strong></p>



<p>Business owners are obliged to critically review the lease agreement before signing the contract. The review majorly assists in eliminating contentious issues that increase expenses incurred upon renting the office space (Celka, 2011). The legally enforceable document basically acts as a security for the business owner intending to occupy a space.</p>



<p><strong>Provisions regarding different scenarios happening during the course of the lease</strong></p>



<p>A business could experience unforeseen changes which may directly impact the lease agreement a rented office space. Therefore, it is prudent for the business owner to consider different scenarios with the remote possibility of something negative happening during the lease period. In anticipation for such eventualities, the lease should explicitly state the responsibility of the building owner (Adnan, &amp; Daud, 2010).</p>



<p><strong>The likelihood of an office space supporting business growth</strong></p>



<p>Office space must meet the current needs of a business and also advance the growth objectives of the business. Notably, the office space should be large enough to accommodate the anticipated needs of the entity without requiring a new lease. However, whenever a business lacks a capability to lease an office capable of meeting future space demands then the owner must negotiate with the lessee to include a provision allowing leasing of adjacent properties when vacant.</p>



<p><strong>Ensure an office space portrays the desired image of a business</strong></p>



<p>An office space is an extension of a business’s brand. If a business wants to be seen as a successful and well established, the office space design and location should convey this.</p>



<p><strong>Seeking assistance from property professionals</strong></p>



<p>It is challenging for business owners to ascertain a space suitable for their own businesses regardless of having an idea of what they want. Therefore, choosing the right space is majorly achievable when the business owner collaborates with property experts. Cooperation between the two parties results in multiple suggestions which include renting a warehouse that is later furnished to an office. Such insights ensure business commit to the most rewarding office spaces.</p>



<p><strong>Establishing parties responsible for repairs</strong></p>



<p>Due to unavoidable incidences of wear and tear it is crucial to ascertain if the landlord or tenant is responsible for repairs. Such knowledge assists the involved parties to financially plan on covering the expenses on a timely basis. The regular repairs ensure timely rectification of small challenges thus preventing menaces such as business closure or injury.</p>



<p><strong>Seek a secure office space</strong></p>



<p>For purposes of keeping employees and clients safe, it is important to lease an office space or warehouse in a building that has some form of security (Adnan, &amp; Daud, 2010). Digital technologies aimed at enhancing security should be in place; for instance, CCTV cameras. Notably, the location of an office space must be within a safe neighborhood, else the office is prone to theft and vandalism.</p>



<p><strong>Proximity to other essential business premises</strong></p>



<p>Interaction of a business facility with other entities results in improved business performance. In this regard, an office space must be within the vicinity of amenities, for instance, health centres and restaurants. Close proximity ensures that employees and clients acquire complementary services without wasting time. Besides, clients from other businesses are likely to consider utilizing the services offered in the new offices.</p>



<p><strong>The existence of a serene environment for business</strong></p>



<p>Business owners are compelled to open an office in a peaceful and calm environment. In this case, there should be no noise since it affects employees’ productivity negatively. Equally, the noise is a nuisance that negatively impacts the delivery of quality customer services. Notably, for purposes of complementing the serenity of location, space should provide an appealing window view of the surrounding.</p>



<p><strong>Availability of parking spaces at affordable rates</strong></p>



<p>A suitable office space provides ample parking spaces for both clients and employees. In instances where the spaces are limited at the office space, the landlord lo locate other spaces in a nearby location. Parking fee for the employees is affordable and the lease allows for further negotiation in future reducing the charges. The measure prevents the loss of valuable assets like employees due to high parking costs.</p>



<p><strong>Accessibility by multiple methods</strong></p>



<p>Office space must be accessible through numerous modes of transportation including, public, car, or bicycle. Accessibility ensures that clients and employees utilize a convenient mode of transport when visiting the office. Notably, employees wishing to ensure confidentiality visit the premises through personal cars whereas aiming at cutting on cost use public transport (Adnan, &amp; Daud, 2010).&nbsp; Equally, the infrastructure ensures business operations involving the external environments are handled efficiently without delay particular matters dealing with the public administration.</p>



<p><strong>Determining what type of office space is a necessity</strong></p>



<p>At times, business owners make misguided information by seeking office space when the commercial activities can happen from a home office or even a warehouse office. Therefore, it is important to evaluate other cheaper alternatives when deciding on office space. In this regard, business in need of a large office customized to personal preference should settle on a warehouse office.</p>



<p><strong>Customization of the room to the preference of the business owner</strong></p>



<p>Suitable office space is easy to customize per the function the office is meant to serve. In this regard, a warehouse office space is recommendable since it facilitates designing in multiple manners. The designs prevent space wastage especially when implemented by professionals. As a result, a business owner creates a space tailored to an entities needs thus enhancing maximum productivity from the rented space. Besides, with professional help, the owner manages to save up.</p>



<p><strong>The building amenities must fit out</strong></p>



<p>Appropriate office space must be equipped with the entire necessary infrastructure. In this regard, basic items such as circuits required for charging laptops and mobile phones must be present (Adnan, &amp; Daud,&nbsp; 2010). Equally, the air conditioning must be available and functioning properly. Other issues such as well-furnished walls and ceiling should be evident. The environment assists in relaxation, and elimination of stress due to a shortage of basic facilities which would undermine productivity.</p>



<p><strong>Likelihood of benefiting much due to sharing an office space</strong></p>



<p>A business owner should conduct preliminary research on whether sharing an office space will impact positively on the business. Informed by the benefits of sharing an office space then one should choose a sizeable room for purposes of accommodating the two businesses. The firms must choose a space suitable for their line of work for profitability purposes. The end result for sharing is a decline in operating cost and an introduction of new clients.</p>



<p><strong>References</strong></p>



<p>Adnan, Y. M., &amp; Daud, M. N. (2010). Factors influencing office building occupation decision by tenants in Kuala Lumpur city centre–a delphi study.&nbsp;<em>Journal of Design and Built Environment</em>,&nbsp;<em>6</em>(1).</p>



<p>Celka, K. (2011). Determinants of Office Space Choice.&nbsp;<em>Journal of International Studies</em>,&nbsp;<em>4</em>(1), 108-114.</p>


19 Things to Consider when Choosing an Office Space

<p>When Amazon announced that it would expand to a new location in 2018, many cities attempted to woo the giant with proposed tax breaks, portfolios of amenities, and local dishes. However, Amazon made the unlikely choice to pursue “HQ2” in two locations: The suburbs of Washington, D.C., and Long Island City, New York.</p><p>Long Island City has seldom been a business mecca in the tech industry, but Amazon’s recent announcement that it will constitute one-half of “HQ2” has the whole country buzzing about Long Island City. Many people are wondering not whether, but how much, this move will transform Long Island City: An influx of workers, jobs, and the infrastructure necessary for the ecommerce behemoth will irreversibly change the city. However, one particular change could be the impact on other businesses in the area. There is a high potential for business-facing firms to earn more money with this move because of Amazon’s needs, as well as the needs of its employees as they move into this space.</p><p>An influx of white-collar professionals will create many opportunities for local businesses. There are obvious categories where this would have an impact: Restaurants, dry cleaners, day care centers, grocery stores, and other businesses providing products and services necessary for daily life would all have new customer pools from the influx of white-collar professionals or the transformation of under-employed people in the area into better-heeled employees. New customers, and a higher volume of business, mean that local businesses have to be ready to scale up if they want to enjoy these new opportunities.</p><p>Naturally, real estate will also be a hot business for Long Island City, with both Amazon and its employees seeking one of New York’s hottest commodities: Space. Already, companies are&nbsp;<a href="https://www.crainsnewyork.com/article/20180105/REAL_ESTATE/180109949/the-amazon-effect-industrial-real-estate-firm-scoops-up-maspeth-queens-warehouse" rel="noopener noreferrer" target="_blank">snatching up real estate in the city</a>, anticipating a plethora of new Amazon employees and company needs. Even in some of the less glamorous areas of the New York metro area, real estate is increasing in value and being snatched up.</p><p>However, this interest is being driven primarily by Amazon’s specific needs as a company. Since the majority of what Amazon provides is&nbsp;stuff, in that it distributes virtually every consumer product, it relies on sophisticated supply chain management strategies that require coordination of vehicles, high-quality tracking of merchandise, last-mile delivery – and of course, a place to store all of “Earth’s biggest selection” ! That is where warehouses will come in. One Stop Spaces offers exactly what its name promises: Modular spaces to meet every need imaginable, and some needs you cannot even imagine yet.</p><p>Instead of spreading facilities out across multiple areas due to the spatial restrictions for which New York is notorious, One Stop Spaces allows companies to simplify the process of renting,&nbsp;for their offices and key operations to stay proximate to one another, and to rent only as much space as they need: Whether it’s an enormous warehouse or a set of cubicles in a divided building, One Stop Spaces is happy to provide exactly what customers need so that they can reach their goals and their own customer bases.</p><p>Some may be skeptical of using warehouses to house businesses. Warehouses are useful for both obvious and less obvious reasons. First, they can be transformed into almost any configuration that anyone needs. Whether they need to become&nbsp;<a href="https://www.onestopspaces.com/available-rentals/" rel="noopener noreferrer" target="_blank">office spaces</a>&nbsp;or to simply store goods,&nbsp;<a href="https://www.onestopspaces.com/available-rentals/" rel="noopener noreferrer" target="_blank">warehouses</a>&nbsp;can solve a wide variety of business problems. For Amazon in particular, the well-placed portfolio of properties owned by One Stop Spaces could present a powerful opportunity to obtain well-placed real estate in a notoriously expensive city. For businesses that will synergize with Amazon’s presence, One Stop Spaces is an ideal solution for getting a foot in the door of the rapidly transforming real estate space and B2B sales opportunities in Long Island City.</p><p>Not all are happy about the arrival of Amazon. Other businesses fear that Amazon’s presence could drive rents up – which is why it may be especially important to make moves towards securing warehouse space right now. There are more opportunities for businesses in Long Island City than ever before, so more storage and office space would be a prudent investment at this time. The opportunities for B2B sales for Amazon are also promising for firms in this area. For example, staffing agencies that might provide contract labor to Amazon could set up shop in these warehouses; the influx of opportunities for accountants, financial advisors, attorneys, and much more will make it even more important for companies to act on opportunities for space now. A first- or early-mover advantage could be the difference in companies that are able to tap into the HQ2 market and those that are not. However, key to accessing this market is obtaining the physical space to do so. Although this may seem counterintuitive given that Amazon is all but synonymous with the idea of digital commerce, it reminds us that ecommerce firms are still run by humans, who have their own day-to-day needs that cannot always be met in the digital space.</p><p>So, for companies that want to synergize these opportunities with Amazon, One Stop Spaces will be their best bet. One Stop Spaces has real estate in many strategic areas of Long Island City, close to major arteries and transit areas. This will facilitate logistics as well as customer access. The appeal of One Stop Spaces lies in both its location as well as the quality and utility of the spaces. One Stop Spaces will place businesses close to Amazon and its hub, which will get them closer to where they want to be: A new segment of customers.</p><p>While we cannot predict exactly how the influx of Amazon money will impact Long Island City, it is clear that there are both major opportunities for B2B firms as well as for customer-facing firms. Therefore, companies should respond proactively so that they can take advantage of these opportunities in as cost-effective a way as possible.&nbsp;<a href="https://www.onestopspaces.com/contact/" rel="noopener noreferrer" target="_blank">One Stop Spaces</a>&nbsp;is standing by to help businesses make that happen.</p>