Ryan Kuehl, CCIM and Ryan Zabrowski, CCIM, SIOR, CRE of Investors Realty were fortunate to represent a family who owned a great industrial property near Valley with approximately 18,000 square feet of building and close to five acres of land. The Omaha industrial market has lacked quality buildings with excess land for outdoor storage. This type of building lends itself to a wide variety of contractors, truck fleet operators, equipment rental and sales, etc. The size of the building is important as the local market sees a larger number of users needing buildings between 10,000 – 30,000 square feet.

The industrial land market in Omaha has also changed due to higher land prices in the last 10+ years, where industrial parks see a higher building-to-land ratio, which limits the amount of outdoor storage on new buildings. Increased construction costs, along with increased demand for industrial space in general, results in market conditions that place a premium on industrial buildings with excess land.

This article appeared in our company newsletter in June of 2024. Please click here to download the entire newsletter.