What are insurance considerations for West Orange industrial?
Industrial averages $0.06/SF, lowest CRE class. West Orange inland location means no coastal windstorm premium. But pre-2002 buildings don't qualify for 15-40% wind mitigation discounts. A 1988 building with original roof may pay 2-3× average. Get bindable quotes before LOI. Roof replacement ($8-$12/SF) reduces premiums 15-20%, paying back in 3-4 years.