87.2k views
2 votes
When a warehousing company relocates to a new city, company executives would likely contact a real estate agent specializing in which classification of real estate to assist with finding a suitable building for the warehouse?

a) Industrial Real Estate
b) Residential Real Estate
c) Commercial Real Estate
d) Agricultural Real Estate

User Theme
by
8.4k points

1 Answer

1 vote

Final answer:

Company executives would contact an agent specializing in Industrial Real Estate when looking for a new warehouse. This type of real estate focuses on properties for manufacturing, production, and storage, with location factors like transport access and workforce availability.

Step-by-step explanation:

When a warehousing company relocates to a new city, the company executives would likely contact a real estate agent specializing in Industrial Real Estate to assist with finding a suitable building for the warehouse. Industrial real estate is a classification of real estate that deals with properties used for manufacturing, production, distribution, and storage—facilities like warehouses and factories. Factors affecting the location of this type of economic activity may include proximity to transportation routes, availability of a workforce, and local zoning laws, which are all important to consider when choosing a location for warehousing operations.