MAR 21, 2024.

2. Zoning – Zoning refers to the rules and regulations that govern how a property can be used. In industrial real estate, zoning can determine what types of businesses can operate in a certain area.

3. Lease – A lease is a legal agreement between a property owner and a tenant. In industrial real estate, leases can be long-term and can include provisions for maintenance, repairs, and upgrades to the property.

4. Loading dock – A loading dock is an area where goods are loaded and unloaded from trucks. In industrial real estate, loading docks are important for businesses that need to move large quantities of goods.

5. Clear height – Clear height refers to the vertical distance between the floor and the ceiling of a property. In industrial real estate, clear height is important for businesses that need to store large items or use heavy machinery.

6. Power capacity – Power capacity refers to the amount of electricity that a property can handle. In industrial real estate, power capacity is important for businesses that use a lot of machinery or equipment.

7. HVAC – HVAC stands for heating, ventilation, and air conditioning. In industrial real estate, HVAC systems are important for maintaining comfortable temperatures and good air quality.

8. Sprinkler system – A sprinkler system is a fire protection system that uses water to extinguish fires. In industrial real estate, sprinkler systems are important for protecting the property and the people who work there.

By understanding these and other industrial real estate terms, you’ll be better equipped to navigate this field and make informed decisions about buying or leasing property. Whether you’re a business owner looking for a new space, or just curious about this fascinating industry, these terms are a great place to start.

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