Reading, Pennsylvania, is a strategic location for industrial space, offering a unique blend of history, infrastructure, and natural beauty. With its proximity to major transportation facilities, including the BARTA Transportation Center, Reading Regional Airport, and Norfolk Southern Railway, industrial space for lease in Reading provides unparalleled access to regional and national markets. The city's diverse economy, driven by retail, manufacturing, and transportation, creates a thriving environment for businesses to grow and thrive. Additionally, institutions like Albright College, Alvernia University, and Penn State Berks provide a skilled workforce, making Reading an attractive location for industrial space investors. The city's amenities, such as the Pagoda on Mount Penn, Reading City Park, and GoggleWorks Center for the Arts, also contribute to its appeal as a great place for business and travel.
With 13 industrial spaces for lease available in Reading, investors can choose from a range of options to suit their needs. The average annual rent per square foot is $6 USD, with sizes ranging from 3,000 square feet to 540,736 square feet. In addition to industrial space, Reading also offers flex space, commercial real estate, land, and restaurants for lease, providing a diverse range of options for businesses. The city's infrastructure, including the Berks Area Regional Transportation Authority and Met-Ed, supports the growth of these industries, making Reading an attractive location for businesses looking to establish or expand their operations. Overall, Reading's unique blend of history, infrastructure, and natural beauty makes it an ideal location for industrial space investors.
What is the average size of industrial space for lease in the Reading market?
The average size of industrial space for lease in the Reading market is 105,407 square feet, with a total of 13 available listings, and maximum space size of 540,736 square feet.
What do I need to look for when leasing an industrial space in Reading?
When leasing an industrial space in Reading, 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 $6 USD per square foot, and average space size, which is approximately 105,407 square feet, to determine your budget and spatial requirements.
- Proximity to major transportation hubs, such as the BARTA Transportation Center and the Reading Regional Airport, as well as access to highways like U.S. Route 422 and Interstate 176, to facilitate the movement of goods and personnel.
- The maximum space size available, which is up to 540,736 square feet, to accommodate your business's growth and expansion plans, with 13 available listings to choose from.
