Cubework is helping e-tailers and SMEs run leaner and more profitably by acquiring warehouses and making them available to companies on-demand, with flexible terms.
E-commerce firms, small and medium enterprises (SME), and e-tailers of all sizes have been hit hard by pandemic-driven supply chain and logistics issues. Online shopping demand is at an all-time high, and never before have last-mile logistics and warehousing been more important. But actually securing affordable and flexible warehouse space has never been harder. This can create a frustrating bottleneck for firms looking to capitalize on unprecedented demand, and to grow and expand.
WHY THE SCARCITY OF WAREHOUSE SPACE?
As e-commerce has boomed, brick-and-mortar locations are being replaced with online sellers. E-sellers, in turn, need flexible storage space, and quickly. They don’t necessarily want, need or can afford an industry standard 3-5 year lease, and they may only require a small warehouse footprint—from 200 s.f. up to, say, 5000 s.f. But the biggest e-commerce players have already snapped up vast amounts of warehouse real estate for their own use, squeezing out SMEs. The competition to secure storage space can be intense, with vacancy rates as low as 3-4% in major market hubs such as Texas, California and New Jersey.
THE CUBEWORK MODEL FLEXIBILITY, ON DEMAND
Cubework is helping e-tailers and SMEs run leaner and more profitably by acquiring warehouses and making them available to companies on-demand, with flexible terms. For example, if an e-commerce firm only needs a 3-6 month term of storage in a 2000 s.f. space, Cubework can accommodate them just as easily as a company who needs 50,000 s.f. for a year. The savings are considerable and not being locked into a long-term lease makes agile business strategies more viable. Cubework’s network of spaces enables businesses to operate anywhere, without the burden of setup costs or capital investment.
Understanding that efficiency is everything, Cubework warehouses have gated, secure parking lots, on-site Community Managers, truck load/unloading docks, forklift rentals, janitorial services, plus offices, cubicles, break, conference and game rooms available, free Wi-Fi, coffee/tea/bottled water, 24-7 access, CAM/OpEx/business property taxes, most utilities and many other amenities are included with license agreements.
Cubework is disrupting the warehousing and coworking industry by bringing flexible, affordable storage space to growing e-commerce companies in over 50 locations in 17 states, helping alleviate the warehouse capacity crunch and allowing firms to maintain profitable growth at scale.
Cubework was founded in 2018 and has grown to almost 50 locations in the United States, plus several global locations. Cubework provides on-demand, flexible, secure warehouse and co-working spaces.
For more information, please visit: https://www.cubework.com
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