Facilities designed for manufacturing, warehousing, research and development, or distribution typically constitute this type of real estate. Examples include large warehouses, flexible-use spaces, heavy manufacturing plants, and data centers. These spaces often feature high ceilings, loading docks, and robust infrastructure to accommodate specialized equipment and operations.
Such real estate plays a vital role in supporting economic activity by providing businesses with the physical infrastructure needed for production and distribution. Leasing these specialized spaces offers flexibility and scalability for companies, allowing them to adjust their operations according to market demands without the burden of property ownership. Historically, these properties have clustered around transportation hubs like rail lines and ports, evolving alongside advancements in technology and logistics.