Typically the term “real estate” conjures up thoughts of homes and apartments. Maybe even an office, a retail store, or a favorite restaurant/bar. But for some reason when people hear the term “industrial real estate” they think of the old school brick building with the smokey chimney, or a large plant with an assembly line.
And while this would make sense for most industrial activity, industrial businesses extend far beyond this picture. working behind the scenes of all these high-traffic spaces and essentially providing the fuel for them to operate.
Just about every item in your home, office, and retail store was either produced or stored in an industrial building at some point. It is easy to see the influence that industrial businesses have on our everyday lives.
What is Industrial Real Estate?
Industrial Real Estate, which is one of Mindful Capital Group’s specialties, is defined as all land and buildings which accommodate industrial activities including production, manufacturing, assembly, warehousing, research, storage, and distribution.
Now there are specific areas in every city is designated to industrial properties shown on a zoning map. On the zoning map, it describes where these spaces can be constructed and operate. It is important that the activity on these sites does not disrupt businesses or residencies that might have otherwise been adjacently placed.
Industrial real estate has many purposes. Almost all in manufacturing use it. If you are assembling anything, you need industrial space. If you want to store and warehouse items on a mass level, then you need industrial real estate. And if you have a distribution center as a middle man for another company’s products.
So if you are looking to team up with a group that knows everything about industrial real estate in South Florida, then please contact Mindful Capital Group on how to get started in this field.
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