Albany, New York, is an ideal location for Industrial Space For Lease, offering a unique blend of history, culture, and commerce. The city's strategic location, situated about 150 miles north of New York City along the Hudson River, makes it an attractive destination for businesses. With a population of around 100,826, Albany boasts a diverse economy, featuring major corporations like American Express, J.P. Morgan and Chase, and General Electric. The city's infrastructure is well-equipped, with Albany International Airport, the Capital District Transportation Authority (CDTA) bus service, and Amtrak at the Albany-Rensselaer station, providing easy access to various destinations. Additionally, the Port of Albany-Rensselaer serves domestic and international ships and barges, while the New York State Barge Canal is utilized by tourist and private boats. The city's institutions of higher education, including Albany Medical College, Albany Law School, and the University at Albany (SUNY Albany), also contribute to its appeal.
Albany's Industrial Space For Lease market offers a range of options, with 14 listings available. The average annual rent per square foot is $8 USD, with sizes ranging from 900 square feet to 93,000 square feet. In addition to Industrial Space, Albany also offers Flex Space, Commercial Real Estate, Land, and Restaurants For Lease. Flex Space options are ideal for businesses requiring a combination of office and warehouse space, while Commercial Real Estate provides a range of options for retailers and office users. Land For Lease is available for development, and Restaurants For Lease offer opportunities for entrepreneurs in the food industry. With its unique blend of history, culture, and commerce, Albany is an attractive location for businesses seeking Industrial Space For Lease.
What is the average size of industrial space for lease in the Albany market?
The average size of industrial space for lease in the Albany market is approximately 28,219 square feet, with a total of 14 available listings, and a maximum space size of 93,000 square feet.
What do I need to look for when leasing an industrial space in Albany?
When leasing an industrial space in Albany, there are several key factors to consider to ensure you find the right property for your business needs, including:
- Average annual rent per square foot, which is currently $8 USD per square foot, and average size of available listings, which is approximately 28,219 square feet, to determine your budget and space requirements.
- Proximity to major transportation hubs, such as Albany International Airport, the Albany-Rensselaer Amtrak station, and the Port of Albany-Rensselaer, to facilitate the transportation of goods and materials.
- Access to amenities, including parks, hospitals, and sports facilities, to support the well-being of your employees and contribute to a positive work environment.
