Industrial Subtypes: Manufacturing
Manufacturing buildings are used for everything from microprocessor assembly to metal stamping. These buildings typically require heavy power, floor loads, drive-in loading, and often higher parking ratios for a larger number of employees. Heavy manufacturing typically occurs in buildings with high ceilings while small computers are often built-in facilities with 12–16-foot clear heights. In New […]
Industrial Subtypes: STNL
Unlike the other industrial sub-types, single tenant net leased buildings are defined by the leases, not the physical structure. By definition, these buildings are leased to a single tenant on a triple net (NNN) lease, meaning the tenant pays 100% of the operating expenses. Typically, tenants sign long-term leases providing stability for a risk-averse landlord. The tenant handles management […]
Industrial Subtypes: R&D
Research and development activities take place in specialized flex buildings which we broadly categorize as R&D real estate. These buildings are fully climate controlled, feature adequate utilities, ample parking, extremely clean warehouse spaces, and typically ample office. Usually located in intellectual capital hubs near major metros and universities, these buildings depend on highly educated workforces. R&D […]