OMAHA, Nebraska — Greater numbers of firms are seeking warehouse space in the Omaha metropolitan region.
Trenton Magid, executive vice president of NAI NP Dodge, stated that he has personally witnessed the demand.
“Among all commercial real estate sectors, industrial is by far the hottest right now,” he said. “I recently signed a 67,000-square-foot lease adjacent to Millard Lumber, and we had three offers before putting up a sign.”
Large businesses can deliver their products to customers more quickly if they have greater warehouse capacity.
Andrew Rainbolt, the executive director of Grow Sarpy, stated that in the past, inadequate space and a lack of interest in the available properties prompted firms to look elsewhere.
“We noticed a significant disparity between our neighborhood and peer towns that have a considerably higher project landing rate,” Rainbolt said. They had open space that users could utilize immediately.
According to officials, efforts are made to reverse the trend. The building of new warehouses is on the horizon, with much of it coming to Sarpy County.
“We’re seeing tremendous growth in the industrial market around data centers,” said Magid. “In Papillion, along Interstate 80 near the Gretna outlet mall.
Rainbolt stated that around 500,000 square feet of warehouse space is being constructed in the county. He estimates that approximately one million square feet are in the developing stage.
Next year, a $21 million warehouse is scheduled to open near Eppley Airfield in Douglas County.
The increased interest, according to officials, inspires optimism for commercial expansion.
“We will absolutely be able to match the demand in the future,” said Rainbolt.
The city is in the process of approving a huge warehouse near Gretna.