Troy Michigan Industrial Warehouse Spaces for Rent

Troy, MI Warehouse Space for Rent.

Discover prime warehouse space for rent in the thriving city of Troy, Michigan. Our state-of-the-art facilities offer flexible and customizable solutions to meet your storage and distribution needs. Conveniently located in Troy's industrial hub, our warehouses provide easy access to major highways and transportation networks. With ample square footage, loading docks, and modern amenities, we ensure efficient operations and seamless logistics. Whether you're expanding your business or seeking a strategic storage location, our Troy warehouse space offers the perfect solution to optimize your supply chain and drive growth. Contact us today to schedule a tour and explore this exceptional opportunity in the heart of Michigan's thriving industrial market.

Benefits of Troy's, Industrial Market.

Troy's Industrial Market offers numerous advantages for businesses seeking warehouse space:

• Prime Location: Troy is strategically positioned in Oakland County, providing easy access to major transportation networks, including I-75 and I-94, ensuring efficient distribution to major markets.
• Skilled Workforce: Troy boasts a highly skilled and educated workforce, meeting the demands of advanced manufacturing, logistics, and distribution operations.
• Established Infrastructure: The city has a well-developed infrastructure, including reliable utilities, comprehensive transportation, and modern warehouse facilities.
• Business-Friendly Environment: Troy maintains a business-friendly environment with proactive economic development initiatives and a supportive government.
• Proximity to Major Markets: Troy's location within the Detroit metropolitan area provides access to a large consumer base and a diverse range of business partners.
• Logistics Hub: Troy serves as a key logistics hub, offering proximity to major distribution centers and transportation providers.
• Competitive Rental Rates: Troy offers competitive rental rates for warehouse space compared to other comparable markets.
• Modern Facilities: Warehouses in Troy are typically modern and well-maintained, featuring advanced amenities and efficient layouts.

Why Troy is a Great Place to Locate a Business.

Troy, Michigan offers significant advantages for businesses seeking warehouse space. With its strategic location, robust infrastructure, and thriving economy, Troy provides an ideal environment for companies to establish and grow.

• Central Location: Troy is situated near major transportation hubs, including Detroit Metropolitan Airport (DTW) and the I-75 and I-696 freeways, providing convenient access to local, national, and international markets.
• Established Infrastructure: Troy boasts a well-developed infrastructure, including reliable utility services, high-speed internet connectivity, and ample parking, ensuring efficient and seamless operations.
• Skilled Workforce: Troy is home to a highly skilled workforce with expertise in various industries, including manufacturing, logistics, and technology, meeting the diverse needs of businesses.
• Vibrant Economy: Troy's strong economy provides a stable business environment with access to potential customers, suppliers, and partners.
• Strong Retail and Industrial Base: The city's robust retail and industrial sectors offer opportunities for collaboration, synergy, and access to a wide range of products and services.
• Quality of Life: Troy offers a high quality of life with excellent schools, parks, and cultural amenities, attracting and retaining a skilled workforce.

Key Industries in Troy.

• Automotive: Home to the global headquarters of General Motors, and leading suppliers such as BorgWarner and Denso.
• Technology: A hub for technology and innovation, with a concentration of companies specializing in software development, data analytics, and artificial intelligence.
• Healthcare: A major healthcare center with hospitals, research institutions, and pharmaceutical companies such as Ascension Providence and Henry Ford Health.
• Logistics and Distribution: Strategically located near major highways and airports, Troy is a prime location for warehouse and distribution operations, providing access to global markets.
• Retail and Hospitality: Boasting upscale retail centers and hotels, Troy caters to both business and leisure travelers.
• Finance and Insurance: Home to financial institutions and insurance companies, including Ally Financial and State Farm.
• Manufacturing: A diverse manufacturing base, including companies specializing in plastics, metalworking, and electronics.
• Education and Research: The presence of Oakland University and the National Institute for Automotive Excellence fosters innovation and attracts a skilled workforce.

Demographics.

• Population: 86,510
• Median Age: 44
• Median Household Income: $66,459
• Education: 63% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 4.8%
• Average Asking Rents: $8.50 - $15.00/SF/YR
• Total Inventory: 8,100,000 sq. ft.