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Industrial Properties
Industrial
properties encompass a wide variety of property uses such as
manufacturing, processing, storing, transporting, research and
development. Warehousing is included in the industrial classifications and
most have some office component in the building. Office/Warehouse
properties are typically flexible, general-purpose buildings that can be
adapted to a small-user's needs.
Heavy Industrial Manufacturing properties comprise the heavy industrial segment. Auto making, textiles, steel, chemicals, and food processing are typical uses of such properties. Typically zero to five percent office space. Return to Top Warehouse/Distribution Generally the least intense industrial use, warehouse and distribution facilities often are located in the lowest-priced land in older parts of town or in suburban fringes. Typically, like light industrial/assembly property, office use is limited to management tasks for the distribution or warehouse facility, or about 15 percent of total space. Return to Top 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. Return to Top Office/Warehouse or Research & Development Broadly defined to include wide variations in markets across the country. 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. Return to Top
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is a service mark of The Prudential Insurance Company of America.