The development of industrial real estate in China is receiving more attention than ever before. This is because the development of industrial real estate has become more critical than ever, as it often requires the simultaneous construction or upgrading of municipal and transport infrastructure, thus creating a scale effect that is fully in line with the requirements of upgrading the quality of industries and services in the process of economic transformation. In the past, there has been a lack of interest in the development of industrial real estate as the value of land and scale of investment in industrial real estate has been less significant to local government finances and individual investment than in residential and commercial real estate. In order to adapt to the new situation, it is necessary to accelerate the research related to industrial real estate development. As planning is the first step in the development process, planners must be able to reasonably anticipate potential future risks and establish a comprehensive risk management system, which has been discussed at less length in past studies. Therefore, in order to enhance the understanding of industrial real estate planning and risk management work, this paper presents a local planner’s perspective on industrial real estate planning work, especially risk management, from the perspective of local governments and planners, using the example of Zhejiang, China, through interviews with staff from local authorities and literature analysis, and identifies some shortcomings in current planning and risk management systems, and concludes with some recommendations.