Industrial real estate property is one of the three main asset classes of commercial property. Most of us are familiar with residential real estate, and what it means to invest in it, but not everyone knows a lot about commercial property. Commercial property is built and used for business purposes. There are three main types of commercial property: retail, office and industrial. What is industrial real estate? Industrial property is for manufacturing. It sounds simple, but it comes in all shapes and sizes and covers a huge range of business types. Small industrial sites include single or double-story buildings zoned for industrial use. These often have flexible interior space, usually a mix of warehouse and office space. ‘Flex’ spaces are used by small businesses such as mechanics, research laboratories and start-ups. Large industrial properties include medium to large warehouses and factories that are designed to manufacture or store goods. They include distribution companies such as third party logistics
