What type of property is categorized as industrial property?

Industrial property is defined as real estate that is primarily utilized for manufacturing, production, distribution, and storage purposes. This type of property typically encompasses warehouses, factories, and facilities where goods are produced or stored before distribution. The focus on utility for production or logistics is what distinguishes industrial properties from other types of real estate.

In this context, the correct answer reflects the core purpose of industrial properties—supporting the processes of manufacturing and storage, which are integral to the economy's supply chain. Understanding this distinction is critical for property management and investment strategies, as industrial properties often have specific zoning regulations, operational needs, and market demands that differ from residential, retail, or agricultural properties.