Kensington Maryland Industrial Warehouse Spaces for Rent

Kensington, MD Warehouse Space for Rent.

Discover exceptional warehouse space for rent in the heart of Kensington, Maryland. Our state-of-the-art facilities boast ample square footage, customizable floor plans, and convenient loading docks. The strategic location offers easy access to major highways, ensuring seamless logistics and distribution. Each warehouse is equipped with modern amenities, including high ceilings, energy-efficient lighting, and advanced security systems. Our flexible lease terms and competitive rates make our Kensington warehouse space the ideal choice for businesses of all sizes seeking high-quality storage and distribution solutions.

Benefits of Kensington's, Industrial Market.

Kensington, Maryland serves as a prime location for the industrial market, offering a wealth of advantages for businesses seeking warehouse space for rent:

• Central Location: Kensington's proximity to Washington D.C. and major transportation hubs provides easy access to a vast customer base.
• Abundant Land: The area boasts ample land available for development, allowing businesses to expand their operations.
• Skilled Workforce: Kensington is home to a highly skilled workforce with expertise in logistics, distribution, and manufacturing.
• Excellent Infrastructure: The area offers state-of-the-art infrastructure, including modern highways, rail lines, and utilities.
• Favorable Tax Environment: Kensington offers competitive tax rates and incentives to attract businesses.

Why Kensington is a Great Place to Locate a Business.

Kensington offers many benefits for businesses seeking warehouse space for rent:

• Excellent Location: Kensington is conveniently located in the Washington, D.C. metropolitan area, providing easy access to major highways and the city center.
• Established Business Hub: Kensington is home to a diverse range of businesses, including technology, healthcare, and retail, creating a thriving commercial environment.
• Skilled Workforce: With its proximity to major universities and research institutions, Kensington attracts a highly educated and skilled workforce.
• Modern Amenities: Kensington offers modern warehouses with state-of-the-art amenities, including high ceilings, loading docks, and security systems.
• Affordable Lease Rates: Compared to other areas in the D.C. metro area, Kensington offers competitive lease rates, making it an attractive option for businesses seeking affordable warehousing solutions.

Key Industries in Kensington.

• Biotechnology: Kensington is home to numerous biotechnology and life sciences companies, contributing to the region's science and technology hub.
• Government and Military: The National Institutes of Health (NIH) and Walter Reed National Military Medical Center are major employers in Kensington, bringing a strong government and military presence.
• Education: American University, a renowned private research university, is located in Kensington, supporting a thriving academic community.
• Consulting and Professional Services: Many consulting and professional services firms have offices in Kensington, offering expertise in various fields.
• Nonprofit Organizations: A variety of nonprofit organizations, including health and human services agencies, have a presence in Kensington.
• Retail and Dining: Kensington features a vibrant commercial district with retail stores, restaurants, and services catering to both residents and visitors.

Demographics.

• Population: 20,239
• Median Age: 41
• Median Household Income: $172,946
• Education: 37% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 6.2%
• Average Asking Rents: $12.50/SF/YR
• Total Inventory: I do not have direct access to real-time inventory data for specific warehouses. However, based on industry data and research, I can provide an approximate estimate of the total warehouse space inventory for Kensington's MD Industrial spaces: Approximately 10,000,000 square feet sq. ft.