According to a recent CoStar survey, there is over 2.5 Million SF of industrial space available for lease in the markets north of Boston. Here is a list of the top 10 industrial buildings with the largest vacancies, in terms of available space for lease, in those markets.
- 1001 Pawtucket Blvd. at Cross River Center is a Class B Flex/R&D building in Lowell, MA. Built in 1981, there are 13 industrial spaces available for lease, totaling 640,877 SF. The available spaces range in size from 8,927 SF to 276,808 SF in this 3 story building.
- 90 Salem Road is a Class B Warehouse in Billerica, MA. Built in 1972, there are 2 industrial spaces available for lease, totaling 440,000 SF. The available spaces in this 1 story building are 215,000 SF & 225,000 SF, respectively.
- 5 Franklin Street (AKA 4 Hampshire Street) is a Class C Manufacturing building in Lawrence, MA. Built in 1910, there are 7 industrial spaces available for lease, totaling 388,000 SF. The available spaces in this 6 story building range in size from 28,000 SF & 75,00 SF.
- 22 Willow Street in Chelsea, MA is a Class C Warehouse which was built in 1900. There are 9 industrial spaces available for lease, totaling 303,000 SF, in this 2 story building. The available spaces range from 11,980 SF to 135,015 SF.
- 45 Industrial Way is a Class B Manufacturing building in Lowell, MA. Built in 1968, there is 1 divisible industrial space available for lease. The available space is 246,446 SF in this 1 story building.
- 200 Merrimack Street is a Class C Warehouse in Lawrence, MA. Built in 1906, there are 4 industrial spaces available for lease, totaling 224,000 SF. The 4 available spaces in this 6 story building are 56,000 SF each.
- 1 Technology Drive in Peabody, MA is a Refrigeration/Cold Storage building which was built in 1982. This location has 1 industrial space at 188,000 SF available for lease. In addition to the the industrial space, there is 25,000 SF of office space available.
- 146 Dascomb Road in Andover, MA is a Class B Warehouse which was built in 1969 and renovated in 1984. This 2 story location has 1 industrial space at 160,737 SF available for lease.
- 1 High Street (AKA 50 High Street) is located on the west campus of the North Andover Mills in Andover, MA. Built in 1860 and renovated in 1997, this Class B Flex/R&D building has 2 industrial spaces available for lease. The available spaces in this 5 story building are 45,000 SF & 75,000 SF, respectively.
- 45 Congress Street, Building 4 North & South of Shetland Park in Salem, MA is a Class C Flex/Light Manufacturing building. Built in 1916, this location has 1 industrial space at 47,000 SF available for lease.
If you would like more information regarding industrial space for lease north of Boston, contact Jeremy Cyrier at jeremy@mansardcre.com or by phone at 617-674-2043.