Somerville, Massachusetts, is a hub for industrial activity, with its proximity to Boston and Cambridge making it an attractive location for businesses looking to establish a strong presence in the region. With its well-developed transportation system, including the MBTA subway stations and bike paths, industrial spaces for lease in Somerville offer unparalleled accessibility and connectivity. The city's infrastructure, including the Somerville Community Path and Bluebikes stations, also supports the needs of industrial businesses. Additionally, Somerville is home to Tufts University, which provides a skilled workforce and opportunities for collaboration and innovation. The city's diverse economy, which includes major industries such as food service, moving services, and 3D printing technology, makes it an ideal location for industrial spaces. With attractions like the Somerville Museum and Dilboy Stadium, Somerville offers a unique blend of business and entertainment opportunities.
Industrial spaces for lease in Somerville are a valuable asset for businesses looking to establish a strong presence in the region. With 8 available listings, there are plenty of options to choose from. The average annual rent per square foot is $20 USD, with sizes ranging from 3,080 square feet to 77,774 square feet. In addition to industrial spaces, Somerville also offers flex spaces, commercial real estate, land, and restaurants for lease, each with its own unique characteristics and advantages. For example, flex spaces offer a combination of office and warehouse space, while commercial real estate provides a range of options for businesses looking to establish a retail or office presence. Land is also available for lease, providing opportunities for businesses to develop their own custom spaces. Restaurants, meanwhile, offer a unique opportunity for businesses to establish a presence in Somerville's vibrant food scene. Overall, Somerville's diverse range of property types and listings make it an attractive location for businesses of all types.
What is the average size of industrial space for lease in the Somerville market?
In the Somerville market, the average size of industrial space for lease is 27,648 square feet, with a range of options available among the 8 listings, from smaller spaces to larger facilities of up to 77,774 square feet.
What do I need to look for when leasing an industrial space in Somerville?
When leasing an industrial space in Somerville, there are several key factors to consider to ensure you find the right fit for your business needs.
- Location is crucial, with proximity to major transportation hubs like Davis station on the Red Line, Assembly station on the Orange Line, and Union Square, East Somerville, Gilman Square, Magoun Square, and Ball Square on the Green Line, as well as access to highways like McGrath Highway and Northern Expressway (Interstate 93), being highly desirable.
- You'll want to consider the size and layout of the space, with options ranging from 27,648 square feet to 77,774 square feet, and average annual rent per square foot of $20 USD.
- Additionally, look for amenities that support your business operations, such as loading docks, freight elevators, and on-site parking, as well as access to local amenities like the Somerville Community Path, Dilboy Stadium, and the Somerville Museum.
With 8 available listings of industrial space in Somerville, you're sure to find the perfect space to meet your business needs.
