Assets in industry
One of the three main asset classes of commercial property, industrial real estate includes a large range of business types that come in many shapes and sizes, including mixed-zone buildings featuring offices and similar commercial spaces.
Lewis Valuations + Advisory can help with rent review, market value, pre-sale and investment advice.

Distribution Centres
A distribution center is a building or structure used primarily for the storage of goods which are intended for shipment to retail outlets. Unlike a warehouse, a distribution center is designed for retailers and wholesalers to store, pick, pack and ship products directly to customers. It represents an all-in-one storage and shipping solution that’s essential to both online retailers and e-commerce companies.
Distribution center does not mean a building or structure used primarily to store raw agricultural products, used primarily by a manufacturer to store goods to be used in the manufacturing process, used primarily for the storage of petroleum products, or used for the retail sale of goods.
These specialised facilities in the logistics industry play a key role in the supply chain and require experienced, knowledgable valuers to provide an accurate and comprehensive property valuation.
Tech Warehouse (Data Centre Facility)
Data centres are critical components of the digital economy and factors such as location, size, power capacity, cooling systems, and security measures impact a data centre’s value. Valuing these dynamic assets requires expertise and knowledge.
Development
Industrial development projects target highly sought after locations to develop office, warehousing, logistics and distribution facilities across Australia.
Speculative developments will offer premium warehouse units, ranging in size, ready for occupancy at future dates pending completion. Understanding whether the site provides heavy vehicle access, requirements for hardstand sizing, and if an industrial development is set to achieve a Green Star Design rating from the Green Building Council of Australia are all critical components for an experienced valuer to address in a comprehensive valuation development report.
Cold Storage and temperature controlled facilities
Cold storage is a unique asset type with a limited number of transactions relative to other traditional warehouses. Also known as refrigerated logistics, cold storage is a crucial link in the delivery supply chain. These warehouses are used to store, package, and distribute products in need of cold storage, mostly food and perishables. Several factors are key to the valuation of these types of properties including physical characteristics of the building, operational factors, locational proximity to agriculture and/or food processing facilities and transportation hubs and demand from storage customers.
Food Processing Plants
This sector is highly regulated from a health and safety perspective and is asset intensive. We conduct thorough appraisals of food processing plants, assessing factors such as machinery and equipment age and condition, technological advancements, facility layout and design, product lines, supply chain integration, and market demand. Inclusive of identifying appropriate levels of costs to sustain and maintain assets, measurement of asset utilisation though operational and economic considerations, plant condition, technological obsolescence and remaining lives, verification of the existing fixed asset register and availability, age and condition of critical and insurance spares.
Breweries
The valuation of a brewing property can be a complex task that requires careful consideration of various factors. Lewis Valuations + Advisory experts can walk you through the very specific factors involved in brewery property valuation, from the considerations for valuing the buildings associated with the brewery and the specialized equipment needed to produce the beer.