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 […]