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commercial and industrial real estate:

an expression combining the types of real property closely related to site selection and facilities location projects that are part of the enterprise and economic development process. A CIRE acronym could stand for Commercial and Industrial Real Estate but is generally more familiar in identifying a publication of the CCIM Institute, Chicago, IL.

Many sources include industrial real estate under the definition of commercial property. For example, a Wikipedia article about commercial property lists industrial as a category of commercial real estate. Industrial real estate there specifically refers to industrial property, office/warehouses, garages, distribution centers (source of quote).

The Network separates the definition of industrial real estate from that of commercial real estate. It includes manufacturing under industrial real estate.

The .network mission statement could just as easily refer its support for global enterprise and industrial development in place of enterprise and economic development. This glossary's definition of industrial development explains why. Simply stated, however, its definition of economic development is intended to be all inclusive, just as enterprise development is all inclusive in terms of practical efforts to create jobs and expand the wealth base where people live, work, and share things in common (source of quote).


related: real estate; property; warehouse; distribution; site selection data elements

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Economic Development Services, Inc. / copyrights and all rights reserved / 10/27/2012