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Flex Property
Flex property is adaptable industrial space, often combining office and warehouse areas.
Flex property is industrial space designed for adaptable uses, commonly combining office and warehouse areas that can be reconfigured.
Source: NAIOP Research Foundation: Commercial Real Estate Terms and Definitions (2024).
Frequently Asked Questions
Does flex property mean flexible lease terms?
No. Here, flex describes the building's adaptable physical use, not its lease duration.
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