Erie Pennsylvania Industrial Warehouse Spaces for Rent

Erie, PA Warehouse Space for Rent.

Erie, Pennsylvania offers an array of warehouse spaces for rent, catering to businesses seeking storage and distribution solutions. These facilities feature ample square footage, flexible lease terms, and strategic locations within Erie County. With proximity to major highways and interstates, warehouses in Erie provide efficient access to regional and national markets. They are equipped with amenities such as loading docks, overhead cranes, ample parking, and secure access systems. Whether you need short-term or long-term storage, distribution centers, or manufacturing spaces, Erie's warehouse rentals offer a wide range of options to meet diverse business requirements. Explore available spaces today to find the perfect fit for your warehousing needs in the heart of Northwestern Pennsylvania.

Benefits of Erie's, Industrial Market.

Erie PA Industrial Market is experiencing growth due to multiple factors:

• Low Cost of Living: Erie's cost of living is 11% below the national average, making it an attractive location for businesses looking to reduce operating costs.
• Skilled Workforce: The region has a strong manufacturing workforce with a long history in the industry.
• Access to Transportation: Erie is a transportation hub with access to major highways, rail lines, and the Port of Erie.
• Abundant Land: There is a large supply of available land for industrial development in Erie.
• Business-Friendly Environment: The city of Erie offers various incentives and programs to support businesses.
• Proximity to Major Markets: Erie is conveniently located within a day's drive of major markets in the Northeast and Midwest.
• Growing Manufacturing Sector: Erie has seen a resurgence in manufacturing, with several new companies investing in the region.
• Low Taxes: Pennsylvania has a relatively low corporate net income tax rate of 6.99%.
• Foreign Trade Zone: Erie is home to a Foreign Trade Zone, which offers tax and duty savings for businesses engaged in international trade.
• Investment in Infrastructure: The city and state are investing in infrastructure improvements to support industrial growth.

Why Erie is a Great Place to Locate a Business.

Erie, Pennsylvania, offers numerous advantages for businesses seeking a strategic location:

• Central Location: Erie is situated at the heart of the Great Lakes region, providing access to major markets and transportation routes.
• Affordability: Erie boasts competitive operating costs, including attractive rental rates for commercial and warehouse space.
• Skilled Workforce: Erie has a strong workforce with experience in manufacturing, logistics, and other industries.
• Economic Incentives: The Erie region offers various incentives and programs designed to support business growth and investment.
• Logistics Hub: Erie's Intermodal Transportation Center connects businesses to major rail lines, interstates, and the Port of Erie.
• Proximity to Canada: Erie's location on the shores of Lake Erie provides easy access to the Canadian market, offering export and import opportunities.
• Quality of Life: Erie boasts a high quality of life with ample recreational opportunities, cultural attractions, and educational institutions.

Key Industries in Erie.

• Manufacturing: Erie is home to a diverse range of manufacturers, including companies in the automotive, aerospace, and plastics industries.
• Health Care: The region is a major healthcare hub, with hospitals, medical centers, and research institutions employing a significant number of people.
• Education: Erie is home to several colleges and universities, including Penn State Erie, the Behrend College, which contributes to the local economy through student spending and research.
• Tourism: The city's waterfront and historical landmarks, such as the Erie Maritime Museum, attract tourists, boosting the local hospitality and retail industries.
• Energy: Erie is located near the Marcellus Shale, a major natural gas field, which has spurred growth in the energy sector.
• Logistics: The city's strategic location on the Great Lakes and proximity to major transportation routes make it a prime hub for warehousing and distribution.
• Financial Services: Several banks and financial institutions have a presence in Erie, providing support to local businesses and consumers.

Demographics.

• Population: 95,480
• Median Age: 38
• Median Household Income: $48,000
• Education: 23.0% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 5.8%
• Average Asking Rents: $7.00-$12.00/SF/YR
• Total Inventory: 51,222,000 sq. ft.