A

Agricultural
Land that is typically devoted to agriculture, the systematic and controlled use of other forms of life, particularly the rearing of livestock and production of crops to produce food for humans.


H

Hospitality
Restaurants, Hotels, Motels, Lodges.


I

Industrial
This category ranges from smaller properties, often called "Flex" or "R&D" properties, to larger office service or office warehouse properties to the very large "big box" industrial properties.

An important, defining characteristic of industrial space is Clear Height. Clear height is the actual height, to the bottom of the steel girders in the interior of the building. This might be 14–16 feet for smaller properties, and 40+ feet for larger properties. We also consider the type and number of docks that the property has. These can be Grade Level, where the parking lot and the warehouse floor are on the same level, to semi-dock height at 24 inches, which is the height of a pickup truck or delivery truck, or a full-dock at 48 inches which is semi-truck height. Some buildings may even have a rail spur for train cars to load and unload.


L

Land
This category includes investment properties on undeveloped, raw, rural land in the path of future development. Or, infill land with an urban area, pad sites, and more.


M

Mixed-Use
Mixed-use development is a type of urban development that blends residential, commercial, cultural, institutional, or entertainment uses, where those functions are physically and functionally integrated, and that provides pedestrian connections.

Multi-Family
This category includes apartment complexes or high-rise apartment buildings. Generally, anything larger than a fourplex is considered commercial real estate.

 


O

Office
A structure used primarily for the conduct of business relating to administration, clerical services, consulting, and other client services not related to retail sales. Office buildings can hold single or multiple firms.


R

Retail
This category includes pad sites on highway frontages, single tenant retail buildings, small neighborhood shopping centers, larger centers with grocery store anchor tenants, "power centers" with large anchor stores such as Best Buy, PetSmart, OfficeMax, and so on even regional and outlet malls.