Lowell, Massachusetts, is a city with a rich history as a planned manufacturing center for textiles, making it an ideal location for Industrial Space For Lease. With its strategic location at the confluence of the Merrimack and Concord rivers, Lowell offers a unique blend of history, culture, and economic opportunities. The city's revitalization efforts have focused on cultural development and urban renewal, making it an attractive destination for businesses and individuals alike. Lowell is home to several major institutions, including the University of Massachusetts Lowell and Middlesex Community College, as well as cultural facilities like the Whistler House Museum of Art and the Merrimack Repertory Theatre. With its diverse population of around 120,000 people, Lowell offers a thriving community with a strong sense of history and culture.
Lowell's Industrial Space For Lease market offers a range of options, with 11 listings available. The average annual rent per square foot is $11 USD, with sizes ranging from 500 square feet to 214,906 square feet. In addition to Industrial Space, Lowell also offers other property types, including Flex Space, which provides a flexible and adaptable work environment; Commercial Real Estate, ideal for businesses looking to establish a strong presence in the area; Land, perfect for development and construction projects; and Restaurants, which offer a unique opportunity to tap into the city's thriving food scene. With its rich history, cultural attractions, and economic opportunities, Lowell is an attractive destination for businesses and individuals looking to establish a presence in the area.
What is the average size of industrial space for lease in the Lowell market?
The average size of industrial space for lease in the Lowell market is 21,829 square feet, with a total of 11 available listings, ranging from smaller spaces to larger facilities of up to 214,906 square feet, offering a variety of options for businesses and industries in the area.
What do I need to look for when leasing an industrial space in Lowell?
When leasing an industrial space in Lowell, there are several key factors to consider to ensure you find the right space for your business needs.
- Location: Look for industrial spaces located near major transportation hubs, such as the Lowell Regional Transit Authority (LRTA) and the Lowell train station, to ensure easy access to your facility. Additionally, consider the proximity to amenities like Lowell General Hospital and Saints Medical Center, as well as cultural attractions like the Lowell National Historical Park.
- Space specifications: With an average annual rent of $11 USD per square foot, and an average size of 21,829 square feet, consider the specific needs of your business, including the maximum space size of 214,906 square feet, to ensure you have enough room for operations, storage, and growth.
- Amenities and infrastructure: Research the availability of amenities like loading docks, cranes, and utilities, as well as the condition and age of the building, to ensure it meets your business needs. With 11 available listings of industrial space in Lowell, you're likely to find a space that fits your requirements.
