Allentown Pennsylvania Industrial Warehouse Spaces for Rent

Allentown, PA Warehouse Space for Rent.

In the heart of Pennsylvania's Lehigh Valley, Allentown offers a prime destination for warehouse space rental. With its strategic location near major highways and rail lines, Allentown provides easy access to regional and national markets. The city's industrial zones feature a wide range of warehouse options, from modern facilities with advanced amenities to smaller, flexible spaces. Competitive rental rates, a skilled workforce, and proximity to major consumer markets make Allentown an ideal location for businesses seeking efficient and cost-effective warehouse solutions.

Benefits of Allentown's, Industrial Market.

Discover the Advantages of Allentown's Industrial Market for Warehouse Space:

• Strategic Location: Situated at the crossroads of major highways (I-78, I-476, PA Turnpike), Allentown provides efficient transportation access to major markets in the Northeast and beyond.
• Robust Workforce: The region boasts a skilled and experienced workforce, ensuring a steady supply of qualified labor for warehousing and distribution operations.
• Abundant Warehouse Space: Allentown offers a wide selection of modern, high-quality warehouse facilities ranging in size and amenities, meeting the needs of diverse businesses.
• Favorable Tax Climate: Pennsylvania offers competitive tax rates for businesses, including favorable real estate tax laws, making it an attractive location for industrial operations.
• Proximity to Key Infrastructure: The Lehigh Valley International Airport and multiple intermodal facilities provide seamless connectivity for air, rail, and truck transportation.
• Economic Incentives: Allentown and surrounding municipalities offer various economic incentives, such as tax abatements and job creation grants, to attract and support industrial businesses.
• Growing E-commerce Hub: With its central location and strong transportation network, Allentown has become a thriving e-commerce hub, driving demand for warehouse space.
• Business-Friendly Environment: The city of Allentown and the Lehigh Valley Economic Development Corporation provide comprehensive support services and a collaborative business environment.

Why Allentown is a Great Place to Locate a Business.

Allentown, PA, offers several advantages for businesses seeking warehouse space:

• Central Location: Allentown is strategically located in the heart of the Northeast, providing easy access to major cities and transportation hubs.
• Abundant Workforce: The Lehigh Valley region has a diverse and skilled workforce, ensuring access to qualified workers.
• Affordable Costs: Compared to other markets, warehouse space in Allentown is relatively affordable, reducing operating expenses.
• Modern Facilities: Allentown has a range of warehouse facilities available, including state-of-the-art buildings with advanced technology and amenities.
• Access to Major Highways: The city is conveniently located near major highways, including I-78 and I-476, facilitating transportation and logistics.
• Pro-Business Environment: Allentown offers incentives and support to businesses, including tax breaks and workforce training programs.
• Growing Economy: Allentown is experiencing economic growth, driven by industries such as manufacturing, healthcare, and logistics.

Key Industries in Allentown.

• Logistics and Distribution: Allentown is a major transportation hub with access to highways, railroads, and an international airport, making it a prime location for logistics and distribution operations.
• Manufacturing: Allentown has a strong manufacturing sector, with companies producing a wide range of goods, including pharmaceuticals, electronics, food processing, and heavy machinery.
• Healthcare: Allentown is home to renowned healthcare institutions, including Lehigh Valley Hospital and St. Luke's University Health Network, which create high demand for warehouse space for medical supplies and equipment.
• Education: Allentown is home to several colleges and universities, including Lehigh University and Cedar Crest College, which require warehouse space for books, equipment, and other academic materials.
• Retail and E-commerce: Allentown serves as a major retail center for the region and as a distribution point for e-commerce giants like Amazon, creating significant demand for warehouse space to store inventory.
• Technology: Allentown has a growing technology sector with companies specializing in software development, cybersecurity, and data analytics, driving demand for warehouse space to support these operations.
• Food and Beverage: Allentown is a hub for the food and beverage industry, with major companies like Coca-Cola and Kraft Heinz operating facilities in the area, creating a need for warehouse space for raw materials, finished products, and distribution.

Demographics.

• Population: 125,844
• Median Age: 35.5
• Median Household Income: $69,531
• Education: 28.7% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 6.9%
• Average Asking Rents: $12.50/SF/YR
• Total Inventory: 25,017,588 sq. ft.