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Showing posts from July, 2020

Industrial Property: What Is It?

Are you a real estate newbie trying to familiarize terms in the business? Good job! Studying and researching are sure-fire ways to making it big in the real estate industry. In this article, we will talk about one of the three main asset classes of commercial property—that is, the industrial property. So  what is industrial property ? Industrial property refers to an asset that is utilized for industrial purposes. The next question would be, “ Which of the following is considered industrial property ?” or “ what is considered industrial property ?” An industrial property comes in manifold shapes and sizes, encompassing a wide range of business types. Read more and discover its specifications. Assets That Are Considered Industrial Property An industrial property has three classifications: small, medium to large, and enormous. Small industrial sites. This covers single- or double-story buildings designed for industrial purposes. Most of the time, the interior spac...