Beverly, MA Warehouse Space for Rent.
Beverly, MA offers a wide range of warehouse space for rent to meet the diverse needs of businesses. Whether you're looking for a small unit for storage or a large facility for distribution, you're sure to find the perfect space in Beverly to accommodate your requirements. Accessibility is a key advantage of Beverly, with convenient highway access and proximity to major ports and airports. The city's skilled labor force and thriving business community provide a supportive environment for businesses of all sizes looking to expand or establish operations in the area.
Benefits of Beverly's, Industrial Market.
Beverly MA's Industrial Market offers competitive advantages for manufacturers, distributors, and logistics companies.
- Proximity to Major Markets: Conveniently located 20 miles north of Boston and 10 miles from Logan International Airport, providing access to regional and global markets.
- Skilled Workforce: Access to a highly skilled workforce from the Greater Boston area, known for its technical and manufacturing expertise.
- Intermodal Connectivity: Direct access to rail lines and major highways, including I-95, I-195, and Route 1A, facilitating efficient transportation.
- Available Inventory: A diverse range of available industrial properties, including warehouse, distribution, manufacturing, and R&D space, meeting various business needs.
- Tax Incentives: Competitive tax rates and incentives offered by the city of Beverly, making business operations more cost-effective.
- Supportive Community: A welcoming and supportive business community, providing connections and resources for local businesses.
- Excellent Infrastructure: Reliable utilities, high-speed internet, and well-maintained infrastructure, ensuring efficient operations.
- Quality of Life: Beverly offers a desirable quality of life for employees, with access to top-rated schools, healthcare facilities, and recreational amenities.
Why Beverly is a Great Place to Locate a Business.
Beverly MA is an excellent location to establish a business due to:
- Thriving Economy: Beverly is home to several major industries, including healthcare, biotech, and manufacturing.
- Skilled Workforce: The city has a well-educated and talented workforce, with a strong presence of colleges and universities.
- Strategic Location: Beverly is ideally situated near Boston and other major transportation hubs, such as Logan International Airport.
- Competitive Costs: The cost of living in Beverly is lower than in many other parts of Massachusetts making it an attractive location for businesses.
- Warehouse Space Availability: Beverly offers a variety of industrial and warehouse space options, making it an ideal choice for businesses in need of storage.
- Convenient Amenities: The city has a range of amenities, including restaurants, shopping centers, and recreational facilities, for employees' convenience.
- Historical Charm: Beverly is a beautiful city with a rich history, making it a pleasant and inspiring place to work.
- Strong Infrastructure: Beverly has a well-developed infrastructure, including reliable utilities, transportation networks, and communication systems.
- Government Support: The city government is supportive of businesses and provides various incentives and programs to promote economic growth.
- Access to Research and Development: Beverly has close ties to research institutions in the region, providing opportunities for collaboration and innovation.
Key Industries in Beverly.
- Arts and Culture: Beverly is renowned for its thriving arts scene, boasting galleries, performance spaces, and the renowned North Shore Philharmonic Orchestra.
- Tourism: As a coastal city, Beverly attracts visitors with its historic landmarks, picturesque beaches, and charming downtown.
- Healthcare: Beverly is home to Beverly Hospital, a major healthcare provider in the region, and numerous medical research centers.
- Education: Endicott College and Gordon-Conwell Theological Seminary contribute to Beverly's vibrant academic environment.
- Retail and Hospitality: The city offers a diverse range of retail options, from independent boutiques to shopping centers.
- Technology and Innovation: Beverly attracts technology startups and established companies with its proximity to major research universities.
- Manufacturing: The city supports a variety of manufacturing industries, including food processing, textiles, and precision machining.
- Maritime: Beverly maintains a strong connection to the sea, with maritime businesses and a thriving boating community.
Demographics.
- Population: 38,775
- Median Age: 39.7
- Median Household Income: $86,393
- Education: 67% of residents have a bachelor's degree or higher.
Market Statistics.
- Vacancy Rate: 11.3%
- Average Asking Rents: $12.50/SF/YR
- Total Inventory: 1,234,567 sq. ft.