New Kensington, PA Warehouse Space for Rent.
New Kensington warehouse space for rent offers tenants convenient access to major highways and transportation arteries. The city's strategic location between Pittsburgh and Butler makes it an ideal distribution hub for businesses serving both markets. Additionally, New Kensington's proximity to several universities and colleges provides access to a pool of skilled workers for businesses looking to expand or relocate.
Warehouses in New Kensington range in size and features, providing options for businesses of all types. Many of the warehouses offer modern amenities such as high ceilings, energy-efficient lighting, and loading docks. Some warehouses also include office space, making them suitable for businesses that require both storage and administrative capabilities.
New Kensington's competitive rental rates and favorable business climate make it an attractive destination for businesses seeking warehouse space in the Greater Pittsburgh area. The city offers a range of incentives and support programs to help businesses succeed, including tax abatements, workforce training programs, and infrastructure improvements.
Benefits of New Kensington's, Industrial Market.
New Kensington's Industrial Market: Prime Location for Logistics and Distribution
- Strategic Location: Situated at the confluence of the Allegheny and Kiskiminetas Rivers, New Kensington offers exceptional access to major transportation corridors, including Interstates 76, 28, and 56.
- Abundant Warehouse Space: The area boasts a wide selection of high-quality warehouse facilities, from small units to large-scale distribution centers, catering to a diverse range of industries.
- Skilled Workforce: New Kensington has a readily available workforce with experience in manufacturing, logistics, and distribution, ensuring a reliable and skilled labor pool for businesses.
- Competitive Lease Rates: Compared to neighboring markets, New Kensington offers competitive lease rates, making it an attractive option for companies seeking cost-effective storage and distribution solutions.
- Proximity to Pittsburgh: Located just 20 miles northeast of Pittsburgh, New Kensington provides easy access to the region's vibrant business and innovation hubs, expanding business opportunities.
- Intermodal Connectivity: New Kensington benefits from intermodal connectivity through the Port of Pittsburgh, facilitating seamless transportation of goods via rail, truck, and barge.
- Growing Economy: The area is experiencing steady economic growth, with new businesses and industries emerging, creating a dynamic and supportive environment for businesses.
- Exceptional Infrastructure: New Kensington's industrial parks are equipped with modern infrastructure, including reliable utilities, high-speed internet connectivity, and efficient transportation networks.
- Tax Incentives: The city and surrounding townships offer various tax incentives, such as enterprise zones and property tax exemptions, to encourage business development and attract new tenants.
- Environmental Sustainability: Many industrial facilities in New Kensington prioritize environmental sustainability, implementing eco-friendly practices and energy-efficient technologies.
Why New Kensington is a Great Place to Locate a Business.
New Kensington, Pennsylvania: An Ideal Location for Business Growth
- Strategic Location: Situated in the heart of Western Pennsylvania, New Kensington offers easy access to major transportation routes, including the Allegheny Valley Expressway and the Pennsylvania Turnpike, making it convenient for businesses to transport goods and services.
- Affordable Business Costs: New Kensington provides competitive commercial property rental rates, utility costs, and taxes, creating a cost-effective environment for businesses to operate and thrive.
- Available Warehouse Space: The city offers a range of well-maintained warehouse spaces for rent, suitable for various storage, distribution, and manufacturing needs, providing ample room for business growth and expansion.
- Skilled Workforce: New Kensington has a strong and skilled workforce with experience in manufacturing, logistics, healthcare, and other industries, offering access to a reliable and qualified labor pool.
- Community Support: The city actively supports local businesses through various initiatives, such as the New Kensington Business Council and the Small Business Development Center, providing guidance, resources, and networking opportunities.
- Historic Charm with Modern Conveniences: New Kensington combines the charm of a historic riverfront community with modern amenities, offering a vibrant and welcoming environment for businesses and employees alike.
Key Industries in New Kensington.
- Steel Manufacturing: New Kensington has a long history of steel manufacturing, with companies like Alcoa and Allegheny Ludlum operating in the area.
- Healthcare: The city is home to Allegheny Valley Hospital, a major healthcare provider in the region.
- Education: New Kensington is home to Penn State New Kensington, a branch campus of Pennsylvania State University.
- Retail and Hospitality: The city's downtown area features a variety of retail shops and restaurants.
- Manufacturing: Other manufacturing industries in New Kensington include plastics, chemicals, and fabricated metals.
- Transportation and Logistics: New Kensington is located near major highways and rail lines, making it a convenient location for warehousing and distribution.
- Tourism: The city's proximity to Pittsburgh and other attractions makes it a popular destination for tourists.
Demographics.
- Population: 12,980
- Median Age: 39
- Median Household Income: $43,761
- Education: 23% of residents have a bachelor's degree or higher.
Market Statistics.
- Vacancy Rate: 11.6%
- Average Asking Rents: $12/$F/YR
- Total Inventory: 8,198,300 sq. ft.