Redmond Washington Industrial Warehouse Spaces for Rent

Redmond, WA Warehouse Space for Rent.

Redmond, Washington boasts a dynamic industrial scene with a plethora of warehouse spaces available for rent. These warehouses offer ample capacity, flexible layouts, and state-of-the-art amenities to cater to the diverse needs of businesses. Whether you require storage, distribution, or manufacturing operations, Redmond's modern warehouses provide a convenient and efficient solution. With its proximity to major transportation routes, including highways and airports, these warehouses facilitate seamless connectivity for businesses operating in the heart of the technology and innovation hub that is Redmond.

Benefits of Redmond's, Industrial Market.

Redmond, WA's industrial market offers numerous advantages for businesses seeking warehouse space.

• Strategic Location: Redmond is situated at the heart of the Puget Sound region, providing easy access to major transportation networks, including the I-5 corridor and Sea-Tac International Airport.
• Strong Economic Climate: The area is home to a diverse range of industries, including technology giants like Microsoft and Amazon, ensuring a robust economy and a skilled workforce.
• Advanced Infrastructure: Redmond's infrastructure is modern and well-maintained, with reliable utilities, broadband connectivity, and efficient transportation systems.
• Growth Potential: The city's pro-business environment and strategic location make it attractive for companies looking to expand or relocate.
• Access to Labor: Redmond has a highly educated and skilled labor pool, providing businesses with access to qualified workers.
• Proximity to Amenities: The city offers a range of amenities for employees, including retail stores, restaurants, and entertainment venues, enhancing employee well-being and productivity.

Why Redmond is a Great Place to Locate a Business.

Redmond, WA is an ideal location for businesses due to its strategic advantages:

• Central Location: Located in the heart of King County, Redmond provides easy access to major markets and transportation hubs.
• Skilled Workforce: Home to Microsoft and other tech giants, Redmond boasts a highly skilled and educated labor force.
• Business-Friendly Environment: The city offers a supportive business environment with tax incentives, workforce training programs, and infrastructure investments.
• Innovation Hub: Redmond is a hub for innovation, with numerous research institutions and technology startups operating in the area.
• Access to Capital: The presence of venture capital firms and investment banks in Redmond provides businesses with funding opportunities.
• Quality of Life: Redmond offers a high quality of life with excellent schools, parks, and recreational amenities.

Key Industries in Redmond.

• Aerospace and Technology: Home to major companies like Microsoft, Boeing, and Nintendo of America.
• Biotechnology and Health Sciences: A hub for biopharmaceutical and medical device research and development.
• Retail and Hospitality: Boasts Redmond Town Center, a popular shopping and entertainment destination, as well as numerous hotels and restaurants.
• Education and Research: The presence of the University of Washington Bothell and the Fred Hutchinson Cancer Research Center fosters innovation and attracts a skilled workforce.
• Software Development: A thriving tech industry with companies like Zillow, Tableau, and Bungie located in Redmond.
• Gaming and Entertainment: A hub for video game development and entertainment, with companies like Valve, Nintendo, and Wizards of the Coast.
• Financial Services: Home to financial institutions such as SageVest Wealth Management and Banner Bank.
• Professional Services: A thriving sector with consulting, accounting, and other professional services companies serving the various industries in Redmond.

Demographics.

• Population: 73,138
• Median Age: 38
• Median Household Income: $106,847
• Education: 62% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 6.1%
• Average Asking Rents: $12.50/SF/YR
• Total Inventory: 10,000,000 sq. ft.