Industrial parks are now letting their spaces to smaller businesses.
Once upon a time, it would have been so hard to find such a space available to let.
Usually, they only wanted big businesses who could sign long term leases. But, with the changing economy, there’s so much space available at an affordable rate. Plus, there are less rules about renting which is attracting small businesses. When I wanted to start my HVAC store, I thought long and hard about the type of space to get. A small shop with a window display in the city isn’t bad. But, I also felt it would be better to have ample space to display different HVAC systems. So, I went in search of a warehouse available to let. I landed upon such a space, and to my surprise, there was a HVAC business in the area. I got to meet the owner of the HVAC business and we became good friends. She informed me they had space in the warehouse that they wanted to rent to a business. But, they had hoped to find a business in the same industry as them. I just happened to be setting up a HVAC store and this was like some kismet thing. We’ve been sharing office space with the HVAC business for a year now and things are great. Our businesses complement each other and we are steadily growing. I feel quite happy that I never went with the idea of setting up a small HVAC store in the city just for the window display. Being in a warehouse setting has made it easier to even conduct demonstrations for customers who are searching for new Heating and Cooling systems.