Industrial
The size of industrial properties can vary significantly, depending on their intended purposes.
The size of industrial properties can vary significantly, depending on their intended purposes.
This segment of industrial property represents a specialized category primarily occupied by large manufacturers. These properties are extensively customized with machinery tailored to the specific needs of the end user and often necessitate significant renovations to accommodate alternative tenants.
These structures are much simpler than heavy manufacturing properties, and usually can be easily reconfigured. Typical uses include storage, product assembly, and office space.
Flex space, within industrial real estate, is characterized by its adaptability and typically encompasses a combination of both industrial and office space. This versatile type of space can also be classified as mixed-use, a concept we’ll delve into further below.
These expansive properties typically span a substantial range, typically between 50,000 to 1,000,000 square feet. Primarily utilized for regional product distribution, they are strategically located for convenient access by trucks entering and exiting highway systems.
