INDUSTRIAL SPACE FOR LEASE IN GREENSBORO

Why implement your industrial space in Greensboro?  

Greensboro, North Carolina, presents a promising market for industrial space leasing, catering to businesses across various industries. The city boasts a robust industrial sector with a diverse range of industrial spaces available for lease. From warehouses and distribution centers to manufacturing facilities and flex spaces, Greensboro offers options to accommodate businesses of all sizes and operational needs. 

Its strategic location in the Piedmont Triad region provides convenient access to major highways, rail lines, and the Piedmont Triad International Airport, making it an ideal hub for logistics and transportation. With competitive leasing rates, modern infrastructure, and a supportive business environment, Greensboro offers a prime opportunity for businesses seeking industrial spaces to establish their operations or expand their footprint in a thriving market.

How much does it cost to rent an industrial space in Greensboro?

The cost of renting an industrial space in Greensboro can vary depending on factors such as the size, location, condition, and specific requirements of the space. Generally, industrial space rental prices in Greensboro range from around $4 to $8 per square foot per year.

To read: our Greensboro MarketBeat Industrial report analyzes quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Are industrial space rents likely to increase in Greensboro?

The potential increase in industrial space rents in Greensboro can be influenced by various factors, including the overall economic conditions, market demand, supply of industrial spaces, and local development initiatives.

If the local economy in Greensboro continues to grow and attract businesses, there could be an increased demand for industrial spaces, potentially leading to higher rents. Additionally, if there is limited availability of suitable industrial spaces or a decrease in the construction of new industrial properties, it could further drive up rental prices.

Popular neighborhoods in Greensboro

Greensboro offers several popular neighborhoods where businesses often seek industrial space for lease. Here are a few notable neighborhoods in Greensboro for industrial leasing:

• Airport Area: Located near the Piedmont Triad International Airport, this area offers excellent connectivity and logistics advantages. It is an ideal location for businesses requiring proximity to transportation hubs and easy access to major highways.
• South Elm-Eugene Street: Situated south of downtown Greensboro, this neighborhood offers a mix of industrial and commercial spaces. It provides convenient access to major roadways and is known for its diverse industrial offerings.
• East Market Street: Positioned on the eastern side of Greensboro, this area features a range of industrial spaces and is well-connected to the city's transportation network. It offers good visibility and accessibility for businesses.
• Revolution Mill: Located in the northern part of Greensboro, Revolution Mill is a historic textile mill that has been repurposed into a mixed-use complex. It offers unique industrial spaces with character, attracting businesses in creative industries.
• Northeast Greensboro: This area is known for its industrial parks and commercial developments. It provides a range of industrial spaces for lease, catering to diverse businesses and industries.
• West Wendover Avenue: Situated on the western side of Greensboro, this neighborhood features industrial areas with good connectivity to major roadways. It offers a variety of industrial space options for businesses.

Getting to and from Greensboro

Greensboro is well-connected and offers various transportation options for getting to and from the city:

• By Air: The Piedmont Triad International Airport (GSO) serves Greensboro and the surrounding region. It offers domestic and international flights, providing convenient air travel options for both business and leisure travelers.
• By Car: Greensboro is easily accessible by car, with several major highways passing through the city. Interstates 40 and 85 intersect in Greensboro, making it a convenient destination for travelers coming from different directions. The city also has a well-developed road network, making it easy to navigate within the city.
• By Bus: Greensboro is served by various bus services, including Greyhound and regional bus providers. These services offer connections to other cities and towns within North Carolina and neighboring states.
• By Train: The Greensboro Station is an Amtrak station located downtown, providing rail services through the Carolinian and Piedmont train routes. These routes connect Greensboro with major cities such as Charlotte, Raleigh, Durham, and New York City.
• Public Transportation: Greensboro offers a public transportation system called Greensboro Transit Authority (GTA). It operates bus routes throughout the city, providing an affordable and convenient option for getting around locally.