Industrial
Industrial real estate has played a vital role in the global economy since the Industrial Revolution began in the 1750s. Nearly every item we use today - furniture, appliances, clothing, cleaning supplies, beauty products, even the food we eat - is produced, stored or shipped through an industrial building. The land and buildings where goods are produced, manufactured, assembled, stored and distributed make up the industrial real estate industry.
Several factors are driving the demand for industrial real estate, making it a substantial investment opportunity. The rise of robotics in manufacturing has automated processes and greatly reduced labor costs. The shift toward eCommerce has changed the face of our economy and generated a huge need for warehouse and shipping space.
Because most cities limit the construction and operations of industry to zoned areas to avoid it disrupting residences and communities, understanding local zoning laws is critical for investors. In many cases, the zoning regulations even dictate where specific types of industrial activities can take place. It’s also important to consider what class a building is rated and which is most appropriate for your business needs.
Coldwell Banker Commercial® affiliated professionals offer expertise in all aspects of industrial real estate and can provide comprehensive services to help you meet your business goals.