heavily customized to the company’s needs. They usually need heavy renovation for a new tenant. Their office space usually takes up 20% of the total area.
LIGHT ASSEMBLY
These are much simpler buildings than the heavy manufacturing classification and can be reconfigured for new tenants much easier and more quickly. They aren’t as customized and can be used for light assembly or storage. They can have less than 15% office space and include higher ceiling heights than other buildings in order to stack and store products. Most of these buildings can include production, storage, and office space.
BULK WAREHOUSE
These properties are most likely used as distribution centers. They are the largest of the industrial properties and can range from 50,000 to 1,000,000 square feet. They require the easiest access for loading trucks and the easiest path for those trucks to the highway.
FLEX INDUSTRIAL
These types of industrial buildings are made to give tenants flexibility in how they use the space. They can also be referred to as flex/tech space. They are office and industrial hybrids that can have anywhere from 30% to 100% office space. They aren’t usually found in downtown and office areas because of their size, low-density parking, and the potential need for loading and unloading goods. These can easily be converted and prepared for new tenants and their needs.
RETAIL
These range from single-tenant buildings (restaurants), to strip
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