Lawrence, Massachusetts, is a city that offers a unique blend of industrial heritage and modern amenities, making it an attractive location for businesses looking to lease industrial space. With its rich history as a former textile center, Lawrence has a diverse manufacturing industry producing electronic equipment, textiles, footwear, paper products, computers, and foodstuffs. The city's infrastructure is well-equipped to support businesses, with Lawrence General Hospital, the Lawrence Correctional Alternative Center, and its own police and fire departments. Additionally, Lawrence is served by several major transportation facilities, including Interstate 495, Route 28, Route 110, and Route 114, making it an ideal location for companies that need to transport goods and materials. With 2 industrial spaces for lease, Lawrence offers a range of options for businesses looking to establish or expand their operations in the area.
Industrial spaces in Lawrence offer a unique opportunity for businesses to tap into the city's diverse economy and infrastructure. With an average annual rent of $10 USD per square foot, and sizes ranging from 2,565 to 97,907 square feet, there are options available to suit a variety of business needs. In addition to industrial spaces, Lawrence also offers flex space, commercial real estate, land, and restaurants for lease, providing businesses with a range of options to choose from. Whether you're looking to establish a new operation or expand an existing one, Lawrence has the resources and infrastructure to support your business. With its diverse economy, rich history, and modern amenities, Lawrence is an attractive location for businesses looking to lease industrial space.
What is the average size of industrial space for lease in the Lawrence market?
The average size of industrial space for lease in the Lawrence market is 34,249 square feet, with a total of 2 available listings and an average annual rent of $10 USD per square foot, making it an attractive option for businesses looking to establish or expand their operations in this diverse manufacturing hub.
What do I need to look for when leasing an industrial space in Lawrence?
When leasing an industrial space in Lawrence, you should consider several key factors to ensure you find the right property for your business needs, including:
- Average annual rent per square foot, which is currently $10 USD per square foot, and average space size, which is approximately 34,249 square feet, to determine your budget and space requirements.
- Proximity to major transportation facilities, such as Interstate 495, Route 28, Route 110, and Route 114, as well as the Senator Patricia McGovern Transportation Center and the Lawrence stop along the Haverhill/Reading Line of the MBTA Commuter Rail system, to ensure easy access to your target market and suppliers.
- The type of industry and business activities allowed in the area, as Lawrence has a diverse manufacturing industry producing electronic equipment, textiles, footwear, paper products, computers, and foodstuffs, and you'll want to ensure your business is compatible with the local zoning regulations and environment.
