Industrial property

Jean François Desormeaux discusses the 6 types of industrial property

Jean Francois Desormeaux .. . . . . ..

Business.  Education

Jean Francois Desormeaux .. . . . . .. …

Business.  Education

Jean Francois Desormeaux .. . . . . .. … …

Business.  Education

Jean Francois Desormeaux .. . . . . .. .. .

Industrial properties are a subset of commercial properties that house industrial or manufacturing facilities, says developer Jean Francois Desormeaux.

LAVAL, QUEBEC, CANADA, April 25, 2022 /EINPresswire.com/ — Industrial properties are a subset of commercial properties that house industrial or manufacturing facilities, according to the developer Jean Francois Desormeaux.

Industrial properties are an important asset class for many investors. In some cities, they represent between 30% and 50% of all real estate assets.

Industrial properties can be divided into six categories: warehouses, distribution centers, light manufacturing facilities, heavy manufacturing facilities, manufacturing plants and processing centers. If you’re considering investing in industrial property, it’s important to know the benefits and risks associated with each type.

Warehouses

Warehouses are the most common type of industrial property and can be used for many purposes. Warehouses are typically used to store goods, but they can also be used for other purposes, such as community or retail. Warehouses have a lower risk profile than other types of industrial properties, as they are less likely to experience vacancy rates and fluctuating rental rates.

Warehouses can be used as long-term or short-term investments, says Jean Francois Desormeaux. For those considering investing in warehouses, it is important to understand the different types of warehouse leases that may exist and whether your investment strategy aligns with a specific type of lease.

Distribution centers

Another common type of industrial property is distribution centers. These properties typically have a number of loading docks and entry gates. Businesses that need to receive goods quickly from their suppliers or other locations often use fulfillment centers. You can usually rent these properties with no minimum rental requirements, which makes them very flexible for your business needs.

Try Light Manufacturing Facilities, Says Jean Francois Desormeaux

Light manufacturing facilities are ideal for businesses that need lots of warehouse space. They can be found in residential or commercial areas and they often have high ceilings and loading docks. They are popular because they are affordable with low risk. The downside to this type of property is that it may not offer the best return on investment.

Heavy manufacturing facilities

Heavy manufacturing facilities are buildings that contain heavy equipment that manufactures products. These facilities require a lot of space and are often located near railway lines or highways. Investing in these properties usually means also investing in the product they make, Jean François Desormeaux explains.

Manufacturing plants

Manufacturing plants are typically used to produce parts and items which are then assembled at another facility. Manufacturing plants can be large or small, with some running just 10,000 square feet and others up to 2 million square feet. The type of items produced can vary from automotive parts to furniture, depending on the needs of the factory.

A major risk associated with manufacturing plants is the lack of commercial zoning for this type of property. This means that there may not be room for a commercial tenant to occupy your building. There are also restrictions on who can rent space in these types of buildings. For example, a typical retail tenant would need around 7600 square feet or more, but many manufacturing plants have a much lower square footage requirement. Make sure you know the needs of potential tenants before investing in a manufacturing facility.

Treatment centers

Processing centers are usually found in urban areas, close to transportation and shipping hubs. They are used for the production of goods to be sold nationally or internationally. Processing facilities use many different processes, from manufacturing plastic parts to stamping and painting metals.

Processing centers require a large amount of space and can range from 100,000 square feet to 4 million square feet. They are often built near major highways and railroads because they require a lot of heavy equipment that needs to be delivered quickly. Processing centers only require one or two employees per 10,000 square feet; however, treatment centers cannot function without competent managers.

Processing plants used to be a popular investment option because they were usually located in densely populated areas where there was a high demand for labor; however, with the opening of so many industrial complexes across the country, this has become less common. A processing plant is not necessarily an easy investment as it requires a highly skilled workforce. It is also necessary to have access to large amounts of capital, says Jean François Desormeaux.

Caroline Hunter
Web Presence, LLC
write to us here
Visit us on social media:
Facebook
Twitter
LinkedIn
Other