Industrial real estate is a broad sector encompassing many business types and property uses. Locations of properties in this sector are determined more by access to transportation than by population density. Sites are located next to highway interchanges, along train routes, and near airports. However, being located within a close distance to a large labor force is also crucial because industrial parks and centers usually employ hundreds if not thousands of people. Industrial properties are typically leased, but some companies do choose to own their location. Rental rates are usually lower for these spaces because of the lower cost to construct the buildings. Industrial buildings have few office spaces and are mostly comprised of large open spaces either for equipment or storage.
Role / Company | Location | Posted | ||
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Debt & Structured Finance AnalystNewmark | Los Angeles, CA | May 19, 2024 | ||
Debt & Structured Finance AnalystNewmark | New York, NY | May 19, 2024 | ||
Leasing Administrator - Port of SkagitPort of Skagit | Burlington, WA | May 17, 2024 | ||
Real Estate Portfolio AnalystVoya Investment Management | Atlanta, GA | May 17, 2024 | ||
Real Estate Investment Analyst / Sr. AnalystFifteen Group | Miami, FL | May 16, 2024 | ||
Real Estate AnalystArch Street Capital Advisors | New York, NY | May 16, 2024 | ||
Assistant ControllerDayton Street Partners | Chicago, IL | May 16, 2024 | ||
Portfolio Management, Analyst/Senior AnalystAmerican Realty Advisors | Los Angeles, CA | May 13, 2024 | ||
Acquisitions Analyst/Sr. AnalystEquity Resource Investments | Cambridge, MA | May 12, 2024 | ||
Financial AnalystRevitate | Newport Beach, CA | May 9, 2024 |
Looking to the future
Industrial real estate is deeply tied to the strength of the US economy, especially in areas of manufacturing and distribution. When the economy slows, production will slow at these facilities and businesses will suffer. As oil and energy costs rise, transportation costs for materials to and from these industrial facilities will also rise. Industrial developers seek strategic locations in advance of distribution logistics as well as technology changes that prompt needs for data centers and yet to be discovered real estate solutions for technology innovations. Many manufacturing facilities are in the midst of redevelopment and repurposing as manufacturing processes evolve.