Industrial Real Estate Decoded

Perhaps you’ve heard of an industrial real estate developer and wondered what in the world it is that they do! Well, I’m sure you’re not alone in your oblivion of industrial real estate. Until recently, I didn’t have the slightest idea what it referred to. But in the Age of the Internet –knowledge is at our fingertips! So, if you’re curious about the world of industrial real estate, then read on to find out!

What is industrial real estate? Let’s start with telling you a little bit about commercial real estate (as opposed to the other form of real estate that is residential). So, commercial real estate is quite a broad category that essentially has three main sub-categories. These are namely: retail, office, and industrial. So now you see where the term industrial real estate belongs? It’s nestled under the wing of commercial real estate.

Now, as the name suggests, industrial real estate, or industrial property, is used in all intents and purposes for various industrial purposes. Where an industrial real estate developer steps into the picture in is developing the property for varied industrial purposes.

Now you might ask: what are these industrial purposes that require specific industrial real estate? Let’s list out a few categories of industrial real estate to help you get a clearer idea of what it pertains to:

• Factory-office multiuse property
• Factory-warehouse multiuse property
• Heavy manufacturing buildings
• Industrial parks
• Light manufacturing buildings
• Research and development parks

Now, these are a few examples of the different kinds of industrial properties that are required. Besides what the requirement itself is, industrial real estate can also be classified in terms of size –this break down leads to three categories, each bigger than the other.

First, there are small industrial properties. These are generally intended for an assortment of warehousing and office spaces. Such real estate is often required by small-scale industries, or for bigger industries that have small warehouses in multiple locations and such.

Next, you have larger industrial properties. More often than not, larger industrial real estate is designated for manufacturing and warehousing purposes. Such spaces could also pertain to logistics and distribution, and that’s where supply chain india step into the picture. 

However, when speaking of supply chain india, even larger industrial spaces are required. Such properties cater to a mix of manufacturing, warehousing, logistical activities etc.

So there you have it –a little insight into the world of industrial real estate!