Low Rate for Storage Space Can Cost Lives

July 29, 2015
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Occasionally, owners with spare storage areas try to rent them to retail tenants as commercial space. You may be tempted by an offer to rent this type of space because the rental rates are typically lower. But it's a bad idea to rent storage space for retail use. That's because you may actually be exchanging your staff’s, your customers’, and your safety and security for what seems like a good deal. Storage spaces aren’t zoned for use by tenants as a business, and emergency responders might make the main portion of the building a priority when a fire or other disaster requires intervention, potentially not even considering that people, rather than just merchandise or equipment, are in the space.