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|
|Investments AnalystThe Meritex Company||Minneapolis, MN||May 12, 2021|
|Development AssociateGreystar||Dallas, TX||May 12, 2021|
|Development AssociateGreystar||Los Angeles, CA||May 12, 2021|
|Senior AnalystU3 Advisors||Philadelphia, PA||May 12, 2021|
|Investor Relations & Fund Marketing AssociateKeller Augusta, LLC||Miami, FL||May 11, 2021|
|Acquisitions AssociateBlue Vista Capital Management, LLC||Chicago, IL||May 11, 2021|
|Venture Capital Properties Commercial Investment Sales or Leasing AgentVenture Capital Properties||New York, NY||May 11, 2021|
|Assistant Field Director - East CoastNational Development Council (NDC)||East Coast/NY Metro., NY||May 11, 2021|
|FIELD DIRECTOR - EAST COASTNational Development Council (NDC)||East Coast, NY||May 11, 2021|
|Director of Leasing Salt Lake City, UtahConfidential||Salt Lake City, UT||May 10, 2021|
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.