Industrial Property Representation

Industrial properties encompass a wide variety of property uses such as manufacturing, processing, research, development, storing, and transporting. Warehousing is included in the industrial classifications and most will have some sort of office component in the building. Office/Warehouse properties are typically flexible, general purpose buildings that can be adapted to a small users needs.

Industrial differs from other real estate types in that height is a third significant dimension, utility is an overriding factor, and both are of little concern from the public.

Contact Crye-Leike for a discussion of your industrial property needs and recommendations.

Checklists for Industrial Purchases

If you are looking at purchasing or making improvements to industrial property, take a look a our checklists.

• Checklist for Industrial Property: Site Selection
• Checklist for Industrial Property: Improvements Considerations

Industrial is Typically Categorized by Use

• Heavy Industrial -
  Manufacturing properties comprise the heavy industrial segment. Auto making, textiles, steel, chemicals, and food processing are typical uses of such properties. Usually zero to 5 percent office space.
• Light Industrial/Assembly -
  Production lines that assemble components produced elsewhere are based in light industrial/assembly facilities. Some light manufacturing requiring limited raw materials and physical changes to the materials also might be conducted in such facilities. Space devoted to offices usually is less than 10 percent.
• Warehouse Distribution Office -
  Warehouse and distribution facilities usually perform very little industrial work and are often located in lower cost areas. In warehouse and distribution property, office space is generally limited to management tasks for the facility; about 15% of the total space.
• Warehouse or Research & Development -
  Research and development office/warehouse properties could have lab facilities, offices, warehouse facilities, or personal services such as carpentry or machine repair. Typically, each property allows a variable combination of office and other uses. The percentage of office space ranges from 20 percent to 100 percent depending on the market and individual needs of the user. Research and development office facilities are generally used in high technology markets. In other markets, you will find office/warehouses of smaller size with multiple tenants.
• Industrial Parks -
  Industrial parks are areas specifically designed and zoned for manufacturing and associated activities.

Contact Crye-Leike for a discussion of your industrial property questions and needs.