There are a few different types of industrial properties, and construction businesses need to understand the differences. Industrial property can be used for anything from manufacturing to storage, and the correct type of industrial property can help your business thrive. Here’s a breakdown of the different industrial properties and what they’re best suited for.
What are Industrial Properties?
Industrial properties are those that are associated with industrial activity. This can include manufacturing plants, warehouses, and factory buildings. These types of properties are usually located in industrial areas or near transportation hubs, such as airports or shipping docks. Industrial properties typically have a large amount of space to accommodate heavy machinery and equipment. They also often have high ceilings to allow for the movement of large products or materials. In some cases, industrial properties may also include office space for administrative staff or on-site housing for workers. Whether you’re looking to lease or purchase industrial property, it’s important to work with an experienced real estate agent who can help you find the right space for your business needs.
1. Manufacturing Facilities
Manufacturing facilities are designed for, you guessed it, manufacturing. These properties usually have large open spaces and high ceilings to accommodate manufacturing equipment. They also have a lot of utilities like water and electricity to power the machinery. Manufacturing facilities are often located near transportation hubs, so products can be easily shipped out.
2. Storage Facilities
Storage facilities are used for, you guessed it, storage. These properties usually have high ceilings and large open spaces to accommodate storage racks. They may also have loading docks to make it easy to move products in and out. Storage facilities are often located near transportation hubs so that products can be easily shipped out.
3. Distribution Centers
Distribution centers are used to store and distribute products. These properties usually have high ceilings and large open spaces to accommodate storage racks and shipping containers. They may also have loading docks to make it easy to move products in and out. Distribution centers are often located near transportation hubs so that products can be easily shipped out.
4. Retail Stores
Retail stores are used to sell products. These properties usually have a street-facing storefront and may be located in a shopping mall or strip mall. Retail stores often have a backroom or warehouse for storage.
5. Office Buildings
Office buildings are used for, you guessed it, offices. These properties usually have a lot of small rooms and may be located in a business district. Office buildings often have a cafeteria or kitchen, and some may have a gym or other amenities.
Knowing the difference between these types of industrial properties can help you better understand what kind of property will best suit your business needs. If you’re not sure, it’s always a good idea to consult with a real estate professional who can help you find the perfect property for your business.