Industrial Building for Lease or Sale – 250,000 to 300,000 SF

Posted on Thursday, November 6th, 2014

Details

Client needs existing industrial facility to lease or purchase with the following requirements:

Existing building (no Greenfield due to time required to build a repair facility)

  • Geographic preference – State of Oklahoma
  • Buildings would need eve height clearance of 35’ to 40’or more to accommodate overhead cranes and top of railcar clearances.
  • Column spacing needs to be roughly 40’ to 80’ wide to allow for clearances around cars to be worked.
  • 250,000 to 300,000 sq.ft. is size to modify, but can be larger. Office space can be minimal (20,000 sq ft) and is not critical.
  • Fire sprinkled buildings are acceptable and preferred.  Sprinklers are generally not required for repair shop, but are required for coatings work centers.

Site

  • Environmentally “clean” site
  • Size of land needs to be 75 or more acres to allow for the necessary track for car movement, staging and storage.
  • Prefer rectangular shaped plot instead of square. Idea site would be approximately 1,200’ wide x 2,500’ long with rail access on or close to the 1,200’ side.
  • Infrastructure- Must paved street access, sufficient city water supply, city sewer, electricity, natural gas, etc.
  • Industrial zoned site land not near neighborhoods.  Prefer heavy industrial, can get by with light industrial depending on site covenant.
  • Needs to be serviced by at least one Class I railroad (BN, CN, CP, CSX, KCS, NS, UP) preferably the BN, CN, UP.
  • Avoid short line railroads as they generally charge a switch charge for each movement in and out, provide limited service and continued viability is a risk factor.

Please send any possibilities for consideration.  Thank you.

David Glasgow, SIOR, CCIM
CBRE, Inc.
918.392.7205

david.glasgow@cbre.com

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