Industrial property refers to both the physical real estate used for industrial activities (like manufacturing, warehousing, and distribution) and the intellectual property related to those activities (like patents, trademarks, and designs). It's a key part of commercial real estate, encompassing various types of facilities designed for production, storage, and logistics.
Industrial Property as Real Estate
Definition: Industrial property in the context of real estate includes buildings, land, and infrastructure used for industrial activities like manufacturing, warehousing, distribution, and logistics.
Manufacturing: Facilities designed for large-scale production of goods and materials.
Warehousing/Distribution: Properties primarily used for storing and distributing inventory.
Flex Space: Versatile facilities capable of accommodating various uses like office, light manufacturing, and warehousing.