Devens Massachusetts Warehouse Spaces for Rent

Devens, MA Warehouse Space for Rent.

Devens offers exceptional warehouse space for rent, strategically located within easy access to major highways and transportation hubs. The warehouses boast ample square footage, clear heights, and loading docks to accommodate diverse storage and distribution needs. Flexible lease terms and competitive rates make Devens an attractive option for businesses seeking a convenient and cost-effective warehouse solution. The presence of a skilled workforce and nearby amenities further enhances the appeal of leasing warehouse space in Devens. Whether you require short-term storage or long-term warehousing, Devens offers the ideal solution to meet your business requirements.

Benefits of Devens's, Industrial Market.

Devens, Massachusetts, is a former military base that has been transformed into a thriving industrial market. Here are key advantages of locating your business in Devens:

• Strategic Location: Devens is located in the heart of Massachusetts, with convenient access to major highways, airports, and the Port of Boston.
• Business-Friendly Environment: Devens offers tax incentives, workforce development programs, and a supportive business community.
• Modern Infrastructure: Devens features state-of-the-art warehouses, distribution centers, and other industrial facilities.
• Access to Labor: Devens is home to a skilled labor force with a strong work ethic.
• Sustainability: Devens is committed to environmental sustainability, with LEED-certified buildings and green initiatives.
• Expansion Opportunities: Devens has ample land available for future growth and expansion.
• Cost-Effective: Devens offers competitive rental rates and operating costs compared to other major industrial markets.
• Access to Recreation: Devens provides recreational amenities such as walking trails, bike paths, and parks, creating a healthy and balanced work-life experience.
• Historic Significance: Devens has a rich military history, with preserved buildings and monuments that add character and charm to the area.

Why Devens is a Great Place to Locate a Business.

The former US Army installation of Fort Devens has been transformed into a thriving business community where businesses can flourish.

• Strategic Location: Situated at the intersection of I-495 and I-90, Devens offers unparalleled access to major markets in the Northeast and beyond.
• Highly Skilled Workforce: Devens attracts and retains top talent from the surrounding universities and colleges, providing businesses with a highly educated and skilled workforce.
• Abundant Warehouse Space: Devens features over 1 million square feet of modern, flexible warehouse space available for rent, meeting the needs of businesses seeking efficient and cost-effective storage solutions.
• Tax Incentives: Businesses in Devens benefit from various tax incentives, including Foreign Trade Zone (FTZ) designation, Enterprise Zone incentives, and property tax abatements, significantly reducing operating costs.
• Sustainable Development: Devens is committed to sustainability and environmental preservation, offering businesses the opportunity to operate responsibly and in harmony with the environment.
• Excellent Infrastructure: Devens boasts state-of-the-art infrastructure, including fiber-optic broadband, reliable utilities, and modern transportation systems, ensuring efficient business operations.
• Growing Business Community: Devens is home to a diverse range of businesses, creating a vibrant and supportive business ecosystem for collaboration and networking.
• Proximity to Amenities: Devens provides easy access to amenities such as restaurants, retail stores, hotels, and entertainment venues, offering a convenient and well-rounded work-life balance for employees.

Key Industries in Devens.

• Biotechnology Research and development of new drugs, medical devices, and healthcare technologies.
• Life Sciences Companies focused on pharmaceuticals, healthcare products, and medical research.
• Advanced Manufacturing Innovative manufacturing processes in industries such as aerospace, automotive, and electronics.
• Renewable Energy Companies developing and manufacturing renewable energy technologies, including solar, wind, and geothermal.
• Defense and Homeland Security Contractors and manufacturers supporting the national defense and homeland security industries.
• Logistics and Distribution Warehouses and distribution centers for companies seeking efficient transportation and storage solutions.
• Professional Services Engineering, consulting, and other professional services firms supporting the various industries in Devens.

Demographics.

• Population: 1,741
• Median Age: 38.4
• Median Household Income: $92,205
• Education: 42.1% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 12.3%
• Average Asking Rents: $12.50/SF/YR
• Total Inventory: 6,668,652 sq. ft.