Written by Brian Quigley, Executive Vice President

Bringing industrial properties to residential communities can be a controversial topic. People hear “industrial” and instantly think of smokestacks blocking the sky and semi-trucks rumbling through their neighborhoods. What they don’t understand is that communities benefit from industrial properties just as much as these facilities benefit from the surrounding communities.

We live in an age where you can order something online and have it arrive on your doorstep in two hours. However, for this to be possible, the last-mile facilities where these items are warehoused must be located near consumers’ homes.

Additionally, proximity to dense communities is key for a company’s workforce. Not only does this provide businesses with a strong labor pool from which to hire, it also provides jobs for community members, from engineers to forklift drivers to accountants.

Industrial facilities also transform vacant, underutilized sites into Class A properties and economic engines for the community, thereby increasing the value of the land, generating tax revenue for municipalities, and bringing commerce to the community.

With all of this said, you may be wondering what developers can do to integrate an industrial building so that communities can receive these benefits while still respecting the concerns of residents.

For one, industrial facilities are no longer the eyesore they once were. Much more thought is put into the exterior design and layout of these buildings. In addition to landscaping, they often feature prominent curtain wall office entries on the street-facing side and concealed dock doors in the rear.

This configuration also helps minimize noise, light, and traffic. Landscaping, car parking, and office space provide a buffer around the exterior of the building, while an interior truck courtyard keeps truck activity contained and away from the street.

At the end of the day, our goal is to strengthen communities through real estate development while creating opportunity for our brokers, tenants, and partners. By bringing industrial developments to communities, we believe that we can achieve these goals.

To hear more on this topic, watch NAIOP Insight: Industrial Development Near Residential Areas with Brian.


Latest News

Thoughts on Mark-to-Market Opportunities

Thoughts on Mark-to-Market Opportunities

Written by Sven Tustin, Chief Growth Officer During this unique time in the market, it is important to be opportunistic as a company. While real estate market fundamentals remain strong, capital markets are experiencing quite a bit of volatility. More so than ever, it...

Common Ground – Summer 2023

Common Ground – Summer 2023

Common Ground - Summer 2023 The latest commercial real estate news is here. Find updates on commercial real estate trends, Conor's projects, and employees. View Interactive Version Download PDF

Conor Sells Southeast Gateway to EQT Exeter

Conor Sells Southeast Gateway to EQT Exeter

Conor Commercial Real Estate is pleased to announce the sale of Southeast Gateway. Located in Savannah, Georgia, the two-building, Class A industrial development incorporates a total of 1.2 million square feet. The property was purchased by EQT Exeter, a...