Topper Industrial examines the critical role of better utilization of work space with a Fork Truck Free environment. National vacancy rates hit an 18-year low and average rental rates are up ten percent from a year ago in the hottest coastal markets. There is little to no industrial product available which means that manufacturing and distribution enterprises must make better use of their existing space. By the end of 2018, almost one billion square feet of space will have been delivered over the previous five years. New construction cannot keep up with demand for industrial real estate.
Floorspace capacity can double by eliminating fork trucks; this is a highly cost-effective alternative. Smarter space utilization is no longer simply an efficiency calculation, it is a metric of the cost of additional new space (if available). Some voice this situation as learning to make do with current facilities; a lean initiative mandates looking for smarter ways to use the existing footprint.
While healthy consumer spending and strong ecommerce sales offer one explanation, more manufacturers are looking at the physical floor space needed to drive fork trucks throughout their operation. Fork trucks operate in huge floor space. A tugger pulling ten industrial carts can free up 10 – 50 percent of the current floor space utilization.
Every sector of warehouse and logistics is contributing to the surging demand for industrial space, with ecommerce contributing the most. Combined with 3PL (third-party logistics) activity linked to online fulfillment, ecommerce represents about 40 percent of the leasing of industrial properties today.
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About Topper Industrial
For more than twenty years, Topper Industrial, (www.TopperIndustrial.com) based just outside of Milwaukee, WI, has been a leader in the material handling equipment industry. The company’s product roster features industrial carts, conveyors, lifts, lifts & tilts, shipping racks, containers, casters, and cart components. From mother-daughter carts to quad steer carts to tilt carts and rotate carts, Topper’s material handling solutions make delivering material line side more effective through more efficient practices. Topper Industrial has a team of experienced professional experts able to assess and provide the right product for all material handling equipment requirements.
Topper Industrial is a proud member of MHI. The Topper Industrial client roster includes Anderson Windows, Detroit Diesel, Honda, Kia Motors, Ford, Chrysler, Aramark, Johnson Controls, Whirlpool, and Caterpillar. Follow on Twitter @TopperInd. Call 800-529-0909.
Company Name: Topper Industrial
Contact Person: Jillian Burrow, Marketing Manager
Email: Send Email
Address:1729 NE Frontage Road
Country: United States