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Overview
Many (most?) in the business world have no real need to understand the ins and outs of commercial real estate property types until they experience a need to expand or contract their business. My goal here is to take you briefly through my experience, converting my business experience into an understanding of the Industrial & Flex warehouse market.
The NAIOP (National Association of Industrial and Office Parks), also known as the Commercial Real Estate Development Association, is an organization for developers, owners and related professionals in office, industrial and mixed-use real estate. This is a link to the Terms & Definitions page for their research foundation. You can navigate these on their web site, but they also provide a link to a .pdf to the right of the “Terms & Definitions” label that I found quite useful.
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