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Procurement Market Intelligence Report
Industrial Facility Rental
Sourcing Guide & Market Trends
Comprehensive intelligence for making smart purchasing decisions
Learn about actual and potential costs
How much should I pay for Industrial Facility Rental?
What is the average price of Industrial Facility Rental?
This procurement report includes pricing information to help you purchase Industrial Facility Rental. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.
Has the price of Industrial Facility Rental been rising or falling?
Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.
I’m not ready to purchase Industrial Facility Rental yet. Will I pay more if I wait too long?
We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.
What other costs are associated with purchasing Industrial Facility Rental?
Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Industrial Facility Rental with a reduced risk of unexpected costs.
See how we display average pricing information, trends and market data.
Find the vendor to meet your needs
Where can I purchase ?
Among the estimated 25,600 industrial facility lessors in the United States, the top four players account for less than 30.0% of total market revenue, indicating a low level of concentration. The vast majority of suppliers are small and have few or no employees, so they lack the resources to capture... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Facility Specifications
How old is the facility?
From what materials was the facility constructed?
What major renovations have been done to the building?
What types of electrical, plumbing and HVAC systems are already in place?
Is the unit telephone- and cable-ready?
Lessor Requirements
What limitations on the outside appearance of the building are in place?
Are there any contractor or service limitations?
Are there any limitations on the utility services available, and do lessors assume the cost and then bill renters for utilities?
What are the lessor's business hours?
Transportation
Where are the nearest highways, railroads and shipping yards?
Is there a loading dock for shipments?
Are there any traffic or parking limitations at the facility?
Who is responsible for maintenance of parking areas?
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Key elements for every RFP
What should my RFP include?
Project Budget
Vendors should include the base rental rate for the property, typically in the form of per square foot per month.
Vendors should include other costs for which buyers are responsible, such as utilities and parking.
Vendors should list any improvement allowances or concessions offered (i.e. free month of rent), as well as any limitations on these values.
Buyers should reference the Benchmark Price and Total Cost of Ownership sections of this report for assistance in creating a budget.
Selection Criteria
Buyers should evaluate each property based on its rental rate and other costs.
Buyers should evaluate the overall quality of the property (e.g. its type, amenities, features, parking).
Buyers should evaluate vendors' ability to meet their service requirements.
Buyers should evaluate vendors' experience and financial performances.
For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.
Project Schedule
Buyers should include the date when proposals are due and any other relevant dates (e.g. property tours) prior to the contract award.
Buyers should include the date by which the property must be available.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The supply chain risk for industrial facility rental is moderate. Industrial facility lessors source inputs from a number of upstream suppliers, including real estate sales and brokerage firms, finance and insurance companies, property managers, construction firms and utility providers. Fortunately, lessors are not dependent on critical inputs that could disrupt... Subscribe to learn more.