Warehousing and logistics solutions provider BroadRange Logistics announced a $4 million incentive program for businesses with strategic warehousing needs. The company now will offer to build or acquire a warehouse tailored to a business’s operational requirements and help it grow without burden of ownership when expanding to any location in the United States, BroadRange says.

Designed specifically for companies that require more than 350,000 square feet of warehouse space, the initiative allows BroadRange to provide state-of-the-art facilities and empower businesses to “maintain operational control while avoiding the complexities of ownership,” the company adds.

“Our incentive plan is specifically designed for companies with a clear need for warehousing space,” said Ari Milstein, CEO of BroadRange, in a statement. “This program gives businesses of all sizes up to $4 million to invest in growth and operate within a warehouse managed by one of the fastest-growing logistics companies in the world.”

BroadRange Logistics’ ultra-FLEX Model provides flexible, scalable logistics solutions that are tailored to the unique needs of food, beverage and snack businesses. The company lists the following key benefits:

• Flexible contracts: Agreements of up to five years with the freedom to scale down or exit with just four months’ notice with no penalties or hassle.
• Deferred storage costs: Address cash flow challenges with its “pay-on-sale” model, deferring storage costs until products are sold.
• Licensing model: Businesses manage operations themselves with no deposits or long-term lease requirements, gaining operational control with a seamless transition to ultra-FLEX logistics.
• National network: Facilities from 350,000 to 2 million square feet, with the ability to adapt or establish new locations rapidly.
• Seasonal demand solutions: Meet seasonal spikes in demand and alleviate forecasting risks with unmatched flexibility.

In the height of the COVID-19 pandemic, the company stepped up to save one of the largest U.S. retailers from a logistics crisis, it shares. As retailers faced an unprecedented surge in orders, thousands of containers were stuck at parts around the country.

“This is the power of our ultra-FLEX model,” Milstein said in a statement. “We are always ready to step up when our clients need us most.”

BroadRange explains how the process works:

• Customized facility: BroadRange will build or acquire a warehouse tailored to a business’s operation needs in the business’s desired location.
• $4 million incentive: Businesses will receive up to $4 million in prorated financial incentives for facilities exceeding 350,000 square feet.
• Control without ownership: Businesses will maintain operational control through licensing options without the burdens of ownership.

“Our ultra-FLEX Model and $4 million incentive redefine what’s possible in warehousing and logistics,” Milstein continued in the statement. “We empower businesses to grow strategically, optimize their supply chains and operate with maximum flexibility.”

BroadRange uses the sales, marketing and consulting services of Ramsey, N.J.-based Cascadia Managing Brands.