One of the most impactful changes for industrial real estate investors and developers in the recently enacted “One Big Beautiful Bill Act” is that 100% bonus depreciation now includes nonresidential real property used in manufacturing and production. In practical terms, this means a business that builds or significantly renovates a qualifying manufacturing commercial property can write off the entire cost in the year the property is placed in service, rather than depreciating the cost over nearly four decades. For developers and investors, this dramatically changes the economics of building new facilities.
Historically, commercial real estate was depreciated ...