Top Issues for Industrial Users: Flexibility, Re-Use

WASHINGTON, DC-Corporate real estate professionals are concerned about flexibility and re-use of their industrial portfolio. That was one of the major findings in a recent survey by Peachtree Corners, GA-based Industrial Asset Management Council and the Washington, DC-based Society of Industrial and Office Realtors. “A significant 84% percent of respondents indicate that flexibility and re-use potential are issues for them.” 

In January 2013, the team commissioned a survey of corporate users of industrial space to learn more about flexibility and adaptive re-use of industrial buildings. The goals of the survey were to understand the current state of industrial facilities portfolios and how they are being positioned toward a future that may well include a change of uses; benchmark the performance of its own portfolios against other companies; learn more about industry best practices in the areas of flexibility and adaptive re-use; and to offer guidance on ways to build in more flexibility and overcome obstacles to re-use.