Shrewsbury Massachusetts Industrial Warehouse Spaces for Rent

Shrewsbury, MA Warehouse Space for Rent.

Shrewsbury, Massachusetts offers an abundance of warehouse space for rent, strategically located for convenient access to major transportation routes. These facilities feature ample square footage, versatile layouts, and modern amenities to cater to diverse business needs. Whether you require long-term storage solutions, distribution centers, or light manufacturing spaces, Shrewsbury's warehouse inventory boasts options to fit various requirements. The town's proximity to Worcester and Boston provides excellent connectivity for seamless logistics operations. With its robust infrastructure and skilled labor force, Shrewsbury is an ideal location for businesses seeking warehouse space in a thriving economic hub.

Benefits of Shrewsbury's, Industrial Market.

This Massachusetts town offers several advantages for businesses seeking industrial space.

• Strategic Location: Shrewsbury's proximity to major highways and the Worcester Regional Airport provides excellent connectivity for transportation and logistics.
• Skilled Workforce: The town has a highly skilled workforce, including a significant number of workers employed in the manufacturing and technology sectors.
• Abundant Space: Shrewsbury offers a wide range of industrial properties available for lease, from small warehouses to large distribution centers.
• Competitive Lease Rates: Rental rates in Shrewsbury are generally lower than in other major markets, providing cost-effective options for businesses.
• Strong Infrastructure: The town has a modern infrastructure with reliable utilities, including electricity, natural gas, and telecommunications.
• Favorable Tax Climate: Shrewsbury has a business-friendly tax climate with competitive property and business taxes.
• Access to Amenities: The town offers a range of amenities, including restaurants, retail stores, and recreational facilities, providing convenience for employees and businesses.
• Growing Economy: Shrewsbury is experiencing steady economic growth, with a diverse range of industries represented in the town.
• Community Support: The town government and local organizations provide support for businesses through programs and initiatives.

Why Shrewsbury is a Great Place to Locate a Business.

With its prime location in central Massachusetts, Shrewsbury is an ideal destination for businesses seeking to establish a strong presence in the region. Its accessibility to major markets, skilled workforce, and exceptional infrastructure make it a prime choice for expanding or relocating.

• Central Location: Situated at the junction of Interstates 290, 495, and the Massachusetts Turnpike, Shrewsbury provides convenient access to Worcester, Boston, and beyond.
• Access to Skilled Workforce: The town boasts a highly educated and experienced workforce, with proximity to several universities and colleges.
• Modern Infrastructure: Shrewsbury features state-of-the-art infrastructure, including high-speed internet, reliable utilities, and well-maintained roads.
• Excellent Business Climate: The town administration is dedicated to supporting businesses, offering tax incentives, permitting assistance, and workforce training programs.
• Growing Industrial Hub: Shrewsbury has experienced significant growth in its industrial sector, attracting businesses from various industries.
• Abundant Warehouse Space: Numerous warehouse facilities are available for rent in Shrewsbury, accommodating a wide range of storage and distribution needs.

Key Industries in Shrewsbury.

• Biotechnology - Shrewsbury is home to several biotechnology companies, including Alnylam Pharmaceuticals and Genzyme.
• Healthcare - The town is also home to a number of healthcare providers, including UMass Memorial Medical Center - University Campus and the Shrewsbury Nursing & Rehabilitation Center.
• Manufacturing - Shrewsbury is home to a number of manufacturing companies, including Nypro and the Johnson & Wales University Culinary Arts Center.
• Retail - The town has a number of retail businesses, including the Shoppes at Shrewsbury and the Shrewsbury Crossing.
• Education - Shrewsbury is home to a number of educational institutions, including Shrewsbury High School and Assumption College.
• Financial Services - The town is also home to a number of financial services companies, including Fidelity Investments and State Street Corporation.
• Tourism - Shrewsbury is home to a number of tourist attractions, including the Colonel Ebenezer Stevens House and the Shrewsbury Historical Society.
• Transportation - The town is conveniently located near major highways and rail lines, making it easy to transport goods and materials.

Demographics.

• Population: 35,306
• Median Age: 37.9
• Median Household Income: $116,433
• Education: 56.5% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 16.3%
• Average Asking Rents: $15/SF/YR
• Total Inventory: 9,300,000 sq. ft.