12
Nov
Industrial and commercial properties are two different types of property. This difference is important for anyone involved in the real estate industry, including buyers, sellers, landlords, and tenants. These terms are interchangeable but refer to different types real estate, each with their own rules and characteristics. This article explains the main differences between industrial and commercial property. What is Industrial Property (IP)? Industrial property is real estate that has been developed for the purpose of production, manufacturing, storage or distribution. These properties are bigger and designed for businesses that utilize heavy equipment, production line, or warehouses. These properties include: Factories…