Industrial

Although similar, there are differences between commercial real estate and industrial real estate. Industrial buying, also known as organizational buying or business buying, is the process of making purchase decisions regarding raw materials, product components, finished goods or services for the intent of profiting from those decisions. Industrial buying requires a different market strategy than regular consumer.

There are different types of industrial purchases to consider depending on your purpose:

MANUFACTURING:

Heavy manufacturing properties tend to be large, often with tens or even hundreds of thousands of usable square feet. They usually contain heavy-duty (and often customized) equipment, three-phase electricity and a lot of loading dock space. Light assembly properties, on the other hand, are smaller, simpler and easier to move into because the Equipment in this type of industrial building is typically lighter and more portable.

STORAGE AND DISTRIBUTION:

Storage and distribution properties are exactly what their names imply—buildings where products are stored and shipped to the end user. There are three types of storage and distribution spaces: distribution warehouse, general warehouse and truck terminal.

FLEX SPACE:

Flex properties are specially designed to serve multiple purposes. For instance, these buildings usually have more square feet dedicated to office space (often more than 30 percent). There are three types of flex properties: research and development, data centers and showrooms.