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What buyer types were involved in the comparable transactions?

End-User Manufacturers

Many comparable transactions involved companies purchasing land for their own production or operational use. These buyers typically seek long-term control, strategic location, and infrastructure readiness.

  • Auto component makers, textile units, and packaging companies
  • Buyers prefer locations near suppliers or transport corridors
  • Focus on plot usability and legal clarity for immediate setup

Developers and Industrial Park Operators

Several comparables were acquired by real estate developers planning to create industrial parks or subdivide the land for leasing. These buyers focus on future appreciation and phased development.

  • Look for large parcels with scalable layouts and zoning approval
  • Interested in locations near growing industrial clusters
  • Aim to attract multiple tenants or build-to-suit projects

Institutional and Logistics Investors

A portion of the comparable sales involved logistics or warehousing firms and investment groups entering the industrial asset space. These buyers are yield-driven and prefer plug-and-play sites.

  • Includes e-commerce, 3PL operators, and warehousing funds
  • Seek land with clear title, fast development timelines, and market demand
  • Often purchase in bulk or near regional distribution hubs

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