Cambridge, MD Warehouse Space for Rent.
Cambridge, MD is a thriving city with a strong economy and a growing demand for warehouse space. With its deep-water port, intermodal rail access, and proximity to major highways, Cambridge is an ideal location for businesses looking to distribute goods throughout the Mid-Atlantic region. Our warehouse space for rent offers flexible lease terms, state-of-the-art amenities, and competitive rates. Our secure and well-maintained facilities are perfect for businesses of all sizes looking for a cost-effective solution for their storage and distribution needs. Whether you need short-term or long-term storage, we have the perfect space to meet your requirements. Contact us today to learn more about our Cambridge, MD warehouse space for rent.
Benefits of Cambridge's, Industrial Market.
Looking for warehouse space to rent in Cambridge, MA? Cambridge has an industrial real estate market unlike any other. Here's why this market is attractive:
- Easy Access for Large Vehicles: Cambridge is located just off of I-93 and minutes from I-95, providing excellent access for large trucks and shipping containers.
- Fast Commute: Cambridge is located a short drive from downtown Boston and the Kendall Square innovation hub, making it easy for employees to commute.
- Skilled Workforce: Cambridge is home to a highly educated and skilled workforce, including many professionals working in life sciences, technology, and manufacturing.
- Stable Market: Cambridge is a well-established industrial market with a history of low vacancy rates and steady rent growth.
- Growing Demand: The demand for warehouse space in Cambridge is expected to continue to grow due to the strong local economy and the increasing need for distribution space near major markets.
- Excellent Amenities: Cambridge offers a wide range of amenities for businesses, including restaurants, hotels, and retail stores.
- Tax Incentives: The City of Cambridge offers a variety of tax incentives for businesses, including tax breaks for property development and job creation.
Why Cambridge is a Great Place to Locate a Business.
Cambridge MD is a prime location to consider when searching for warehouse space to establish or expand your business. Here are some key reasons why:
- Centralized Location: Cambridge's proximity to major highways such as US-50 and US-301 provides excellent connectivity to markets in Maryland, Delaware, and beyond.
- Robust Infrastructure: Cambridge boasts a well-maintained transportation system with access to rail lines, airports, and deep-water ports, facilitating efficient distribution of goods.
- Skilled Workforce: The region has a highly skilled labor force, with a strong presence of educational institutions and technical training programs providing a ready pool of qualified employees.
- Business-Friendly Environment: Cambridge offers competitive incentives, tax benefits, and support programs to businesses, creating a supportive environment for growth and success.
- Affordable Real Estate: Compared to neighboring cities, Cambridge offers relatively affordable warehouse space, providing cost savings for businesses.
- Growth Potential: The city is experiencing steady economic growth and development, presenting opportunities for businesses to expand their operations and capitalize on emerging markets.
Key Industries in Cambridge.
- Biopharmaceuticals & Biotechnology: Cambridge is a hub for biopharma and biotech research and development with companies like Gilead Sciences and Alexion Pharmaceuticals.
- Aerospace & Defense: The Cambridge-Dorchester Airport supports aerospace and defense operations, home to companies like Northrop Grumman and BAE Systems.
- Education & Research: Cambridge is home to prestigious institutions like the University of Maryland Eastern Shore and the Chesapeake Bay Maritime Museum, fostering research and innovation.
- Tourism & Hospitality: With its historic charm and proximity to the Chesapeake Bay, Cambridge attracts tourists and supports a thriving hospitality industry.
- Transportation & Logistics: The Port of Cambridge facilitate international trade and is supported by distribution and logistics companies.
- Healthcare & Senior Care: Cambridge offers a range of healthcare services, including a hospital, assisted living facilities, and medical offices.
- Retail & Services: Cambridge's downtown area features a mix of shops, restaurants, and professional services catering to the local community and visitors.
- Agriculture & Aquaculture: The surrounding area supports farming, fishing, and seafood processing, providing fresh produce and seafood to the region.
Demographics.
- Population: 13,605
- Median Age: 38.7
- Median Household Income: $62,968
- Education: 67% of residents have a bachelor's degree or higher.
Market Statistics.
- Vacancy Rate: 5.4%
- Average Asking Rents: $12.50/SF/YR
- Total Inventory: 14,090,000 sq. ft.