What is the insurance cost profile for 1970s–1990s small-bay?
Industrial averages $0.06/SF annually — lowest CRE class. But 1970s–1990s vintage requires individual underwriting. Pre-2002 construction misses 15–40% wind mitigation discounts. Roofs over 15 years face E&S market placement. Practical: get a bindable quote before any LOI on pre-2002 construction. A roof replacement on a 1988 building reduces premiums 15–20% and pays back in 3–4 years.