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Are you evaluating your next warehouse facility or considering lease renewal? JLL's warehouse lease renewal checklist provides a comprehensive guide to simplify your decision-making process. Key considerations covered in the checklist include assessing if your current facility addresses your business needs, evaluating the ability to scale up or downsize, and accommodating forecasted volume changes.
The checklist also emphasizes leveraging your current lease for optimal cost outcomes and negotiating favorable terms. It prompts you to evaluate the adaptability of your warehouse design to enhance efficiencies and align with your strategy.
Additionally, it suggests identifying necessary investments, such as automation or workplace amenities, to meet your growing needs. If you are renewing your lease, the checklist provides recommended timelines for starting discussions with your landlord and considerations for lease extension. In cases where renewal is not possible, it guides you through the process of relocation, including engaging a broker, touring the market, and considering facility requirements, location preferences, and budget. The checklist highlights essential clauses for negotiation in a new lease agreement and emphasizes designing the new facility to align with your goals, improve operational efficiencies, and create a conducive workplace environment.
By following this checklist, you can make well-informed decisions and ensure that your next warehouse facility supports your business objectives.
Please CLICK HERE to download the White Paper.
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