Any business that requires industrial warehouse space will face an enormous challenge in locating it. You must pick the right location for your business’s activities that’s of the correct size. Find out what industrial real estate property would be the best fit for your business if you want to calculate how much space you will need for your manufacturing facility. This step is crucial for understanding the space size you’ll require.
What do you need to know?
Office, retail multi-family (apartments), hotels, land, specialty use, and industrial are the distinct sub-categories that fall under the CRE umbrella. This article aims to provide a thorough overview of the Saint John commercial real estate listings and industrial sector of CRE and give readers a fundamental grasp of the advantages of including industrial real estate in their investment portfolio.
Heavy Industry Manufacturing
A large and highly-equipped facility like an industrial real estate in Fredericton. These factories make numerous kinds of goods, including products, items, and materials, using sophisticated equipment and technology. Heavy manufacturing facilities often require many thousand square feet or even hundreds of thousands of square feet of production and an uninterrupted supply of electricity and docks for loading.
Light Industry Manufacturing
Light assembly properties are significantly simpler and less complex than manufacturing heavy equipment. Manufacturing companies like Atlantic Canada commercial real estate company specialize in light manufacturing specialize in producing smaller parts that are then stored and distributed using compact equipment and light in weight. It can also be adjusted to accommodate new tenants.
Distribution warehouses frequently distribute products from a central location to ensure that clients receive their products fast and efficiently, regardless of their actual location. These warehouses typically contain one story and more than 50,000 square feet of space and are used for storage and distributing items for businesses.
The primary purpose of general warehouses is to serve as storage facilities, not distribution hubs. Because the products don’t move continuously through general warehouses, this type generally has a lower door to square footage. Cold storage is one of the more common industrial applications for their utilization though there are others.
Because they are intended to offer tenants flexibility in the way that the property’s square footage can be utilized, the flex storage structures are ideal for an array of purposes. They have lower ceilings than most industrial properties and consist of at least 30 percent offices, and the remainder square footage is devoted to storage space.
Showrooms are multi-purpose buildings that can display products for offices and storage. Typically, at least half of the floor space in an exhibition hall is devoted to selling and showcasing various things.
Research and Development
For businesses that depend on technology advancements, “research and development” facilities often incorporate manufacturing, offices, and storage space. This type of real estate is usually situated in a business park reminiscent of campus and ample parking.
The phrase “data center” refers to a highly specialized type of industrial structure which supplies electricity to an array of computers and communications switching devices. Data centers are accountable for maintaining connectivity to the internet and making cloud storage accessible to large businesses. The typical size of the data center is around 100,000 square feet. However, it could be more significant.