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Expansion: In the expansion phase, the real estate market is completely recovered from the recession phase and is very strong. When the real estate market expands, vacancy is low, rent rates are high (and rising), property values are high, and new construction is typical to see.

Expanding Rights: One of the legacies of the Enlightenment era of thought, from approximately 1600 to 1800, was the expansion of rights and civil liberties throughout European nations. This changed the idea of citizenship from wealthy men to all members of a nation.

But over the long haul, a purchase is usually cheaper because a landlord, in addition to paying all of the costs associated with purchasing and maintaining the property, will attempt to build in a profit for himself. You can avoid paying this profit premium by buying, rather than renting, the property.

Which is the better option? While both renting and buying have their advantages and disadvantages, renting a warehouse space is more beneficial for the vast majority of business owners. Not only is it a lower risk choice, but businesses can save money on a downpayment, maintenance, and repairs.

A use clause limits how you'll use the rented space. The limitations can be as broad as what business you'll conduct there, as narrow as what specific services or products you'll offer, or as nebulous as the quality level of your operation.

One of the major benefits of renting versus owning is that renters don't have to pay property taxes. Real estate taxes can be a hefty burden for homeowners and vary by county. In some areas, the costs associated with property taxes can amount to thousands of dollars each year.

Leasing is both practical and affordable, and it's a good way to get up and running with minimal cost. You can often negotiate with the landlord for a short- or long-term lease, and the owner of the building is typically responsible for its maintenance and upkeep.

Fixed monthly cost: When leasing, you generally won't have to pay for any significant maintenance, repairs or upkeep to the property, though you may be expected to pay for minor repairs. Instead, you'll know exactly what you need to pay each month without the worry of unanticipated, expensive repair costs.

Leasing a property frees up a lot of capital that you would've spent purchasing a property, and instead allows you to put money into your business or to build out your space.

Here are some of the benefits of leasing a space versus purchasing a property: No Down Payment. When purchasing a property with a traditional loan, you must put down a large payment, typically 10 to 40 percent of the total value.Landlord Manages Repairs and Maintenance.Access to Desirable Locations.Room to Grow.