Certainly, a mall is different than a Mimi’s Cafe. Your doctor’s office has different amenities than where your CPA resides.
As we’ve discussed many times, commercial real estate is as varied as a teenager’s moods.
Today’s column deals with the features that define the different types of industrial buildings. There are three main categories of industrial buildings: manufacturing, logistics warehouses and flex. So how do I know which category appeals to the genre of industrial occupant? Continue reading and I will draw the distinctions.Manufacturing buildings are generally constructed of concrete, concrete block or metal. It’s also where products are made, stored and shipped.
Manufacturers can generally operate in a building with lower ceiling height because their plant is consumed with machinery and raw materials vs. finished goods waiting to be shipped. Most products are made and delivered within days so as not to inventory a large amount of finished goods. Consequently, fewer support staff and no raw materials are housed at the location. Logistics buildings require truck-high loading, warehouse clearance of a minimum of 24 feet and a truck-turning radius of 130 feet or more.
Developers of R&D buildings created the “mezzanine second story” which enabled a smaller lot to accommodate a larger building. Silicon Valley in Northern California and the Irvine Spectrum are populated with these flex buildings.
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