Institutional investors are back in the industrial property game

Commercial real estate ownership is divided into those that use it for their operations and those who rely on the occupant to pay rent, also referred to as investors.

Sure, there is also a subset of occupant-investors — those who own the building from which their business operates. But today’s column focuses on the institutional investor.

First, a bit of background on the characteristics of this genre. Generally, the institutional investor sources its capital through other people.