Eight Distinct Categories of Industrial Real Estate
Any business that requires warehouse space for industrial use will face an enormous challenge in locating it. It is essential to choose the location for your company’s operations that is the appropriate size. Find out which commercial & industrial real estate in Saint John will best fit your business when figuring out the space you’ll require for manufacturing. This is essential for finding out the amount of space you’ll need.
What you need to know?
Retail, office, multi-family (apartments), and hotels special-use, land, and industrial are the distinct sub-categories that fall under commercial real estate. The main thought of this article is to provide a comprehensive review of the industrial sector of CRE and to inform the reader of the benefits of having industrial real estate in their portfolio of assets.
Heavy Industry Manufacturing
The extensive and costly manufacturing facilities produce an array of products such as products, materials, and other items with the most advanced equipment and technology. Large manufacturing facilities typically require hundreds of thousand square feet, or several hundred thousand square feet, for production, a reliable energy source, and loading docks.
Light Industry Manufacturing
Light assembly capabilities are simpler and less complex than manufacturing heavy equipment. Manufacturing companies like a commercial real estate in Fredericton that specialize in light manufacturing and in producing smaller components that are then distributed and stored with equipment that is light and portable and can be altered to accommodate new tenants.
Logistic Center
Distribution warehouses deliver products from central locations often to ensure that the customers receive their goods promptly and efficiently, regardless of their location. They typically contain one story and more than 50,000 square feet of space and are used to store and distribute goods for companies.
General Storage
The primary function of general warehouses is to serve as storage facilities, not distribution hubs. Because the products don’t move continuously between general warehouses, this type generally has a lower door and square footage. Cold storage is among their most common industrial uses; however, there are many other possibilities.
Flexible Space
Since they’re designed to give tenants flexibility in how the space is used, Flex storage buildings can be used for various uses. They are lower in height than industrial buildings and comprise at least 30 percent of office area, the rest of the space used for storage.
Exhibition Area
Showrooms are multi-purpose spaces used to display products and also for storage and offices. Most of the time, at least half of the area inside the showroom is devoted to the display and sale of various products. The car dealership is the most common model of a showroom.
Research and Development
To accommodate companies that depend on the latest technological advances, “research and development” spaces often include manufacturing, office, and storage spaces. This type of real estate is usually situated in a business park resembling a campus with ample parking. For more information you may visit cwatlantic.com for more details.
Data Center
The phrase “data center” refers to an extremely specialized kind of industrial structure that supplies the power for a lot of computers and telecom equipment. Data centers are accountable for maintaining connectivity online and making cloud storage accessible to large businesses. The average size of the data center is around 100,000 square feet; however, it could be larger.