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.