What is an example of an asset type categorized as 'industrial' in commercial real estate?

In commercial real estate, assets categorized as 'industrial' typically involve properties primarily used for manufacturing, production, storage, and distribution. Warehouses exemplify industrial properties, as they serve as facilities for storing goods before they are distributed to retailers or directly to consumers. They are essential for logistics and supply chain management, reflecting the industrial sector's focus on handling and processing materials.

Unlike office buildings, which are designed for professional services and corporate environments, retail shops that cater to businesses selling goods directly to customers, or hotels providing temporary lodging, warehouses specifically support industrial functions and activities. This distinction is critical in commercial real estate, as each property type fulfills unique roles within the broader economy, contributing to specialized segments such as industrial, office, retail, and hospitality sectors.