Industrial Flex

The flexible or flex properties, for their abbreviation, are a hybrid of office and industrial spaces. These buildings can be inhabited by a single tenant or multiple tenants. The typical design includes an office space on the front side, with a storage space on the back side. The versatility of these spaces has a wide variety of occupiers; Some examples include contract building related services, light manufacturing,  medical distribution, e-commerce and last mile supply chain.
The ability to hold an office space, warehouse and manufacturing space within the same roof and customise the space to suit the needs of the user is one of the many reasons industrial flex real estate has been so demanded recently.
The flex Space market continues to grow and has proven to be resilient to recessions. For investors NNN lease contracts are attractive and due to the wide variety of uses which con be accomodated in a flex building, even in a weak market, vacancies tend to remain low. For tenants to be able to adapt the space they lease according to the demands of their business is a major positive, as is the fact that they only pay for space actually occupied.