What Is Light Industrial Real Estate
What Is Light Industry? Definition And Meaning. A section of an economy's secondary industry characterized by less capital-intensive and more labor-intensive operations. Products made by an economy's light industry tend to be targeted toward end consumers rather than other businesses.
The Difference Between Industrial, Retail And Commercial. Commercial real estate refers to buildings or land intended to generate profit; industrial and retail are simply sub-categories of commercial real estate. Firstly an industrial property is defined as a property used for the actual manufacturing of something, and can be considered either a factory or plant.
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B1 And B2 Industrial Property Use. Industrial land is primarily safeguarded for industrial activities such as on-site manufacturing of goods, assembly and repair workshops, as well as warehouse and storage facilities. The URA zones land to support industrial activities to ensure that limited industrial land is kept affordable for industries.
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