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Industrial Tenants Must Know Their Options

In an extremely tight market like Southern California, tenants must start thinking about and researching space early and may need to be flexible in their requirements in order to meet their needs, Barry Saywitz tells GlobeSt.com.

Barry Saywitz Saywitz: “There are fewer options, more competition and fewer concessions, and this doesn’t bode well for tenants looking for space.”

IRVINE, CA—In an extremely tight industrial market like Southern California, tenants must start thinking about and researching space early and may need to be flexible in their requirements in order to meet their needs, Barry Saywitz, president of the Saywitz Co., tells GlobeSt.com. We sat down with Saywitz for a chat about how tenants are dealing with the lack of available space and how they are meeting their space needs.

GlobeSt.com: How do industrial and manufacturing tenants deal with a tight market and limited options for space?

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Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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