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|
|Marketing Coordinator/Graphic Designer - Commercial Real EstateNorthMarq||San Diego, CA||Feb 26, 2020|
|VP/Director of Equity AcquisitionsAllianz Real Estate of America||NY||Feb 26, 2020|
|Financial Analyst, Equity AcquisitionsAllianz Real Estate of America||NY||Feb 26, 2020|
|VP/SVP of Asset ManagementBrue Baukol Capital Partners||Denver, CO||Feb 26, 2020|
|Financial Analyst, Asset ManagementAllianz Real Estate of America||NY||Feb 26, 2020|
|Valuations Associate Boston, MassachusettsTA Realty||Boston, MA||Feb 26, 2020|
|Acquisitions and Asset Management ProfessionalBuchanan Street Partners||Newport Beach, CA||Feb 26, 2020|
|Senior Vice President, Asset ManagementBrennan Investment Group||Rosemont, IL||Feb 25, 2020|
|Vice President - DebtCadence Capital Partners||Denver, CO||Feb 24, 2020|
|Canada Urbanism LeadAECOM||Toronto, ON||Feb 21, 2020|
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.