Cost of rehabilitating a dilapidated warehouse

Alexandoy

Member
This is one question that I had read in a newspaper column yesterday. The issue is the high cost of warehousing inside the city limits that old warehouses are now being rented out or being sold. The problem is also the cost of rehabilitation of the warehouse which may not be feasible to the company that intends to buy it. Perhaps this is a construction issue that should be left to the architectural group.
 

Corzhens

Member
Depending on the state of condition of the warehouse, the budget could be small or big. For a warehouse manager, the suggested repairs should be reported on a regular basis like the replacement of bathroom fixtures or the repair of the furniture. Even a simple busted lamp should have a reserve so that there wouldn’t be the need to buy. The point is for the in charge of the warehouse to have a list of the issues in the warehouse structure and facilities.
 

Loggie

New member
Warehouse technology changes over the years and old buildings are often expensive to refurbish. The requirement for 'Super Flat' floors for hirise Fork Lifts for example. More often though, the land is worth more sold for commercial or residential use. (rather than industrial)
 

Alexandoy

Member
Warehouse technology changes over the years and old buildings are often expensive to refurbish. The requirement for 'Super Flat' floors for hirise Fork Lifts for example. More often though, the land is worth more sold for commercial or residential use. (rather than industrial)
I wonder how the industrial land that is converted to residential lost would be profitable. Over here, it is the residential lots that are converted into industrial or commercial for the higher value and profitability. But I agree that some old warehouses are better to be demolished than being refurbishes which is more expensive in terms of repairs. Constructing a new warehouse is more economical in the long run.
 
Top