Why implement your industrial space in Brooklyn?  

Brooklyn presents a thriving market for industrial space for lease, catering to the needs of diverse businesses. With its strategic location and excellent transportation connections, the borough offers a range of modern and adaptable industrial spaces suitable for manufacturing, warehousing, and distribution activities. 

Neighborhoods like DUMBO, Williamsburg, and the Brooklyn Navy Yard feature industrial complexes and converted warehouses that have been transformed into state-of-the-art facilities. These spaces provide ample square footage, high ceilings, and customizable layouts to accommodate various industries. Additionally, Brooklyn's industrial spaces often come equipped with advanced infrastructure, such as loading docks, freight elevators, and robust utility systems, ensuring smooth operations. Whether it's a startup looking for a small-scale production facility or a large-scale company seeking extensive warehouse space, Brooklyn offers an array of options to meet the unique requirements of businesses in need of industrial space for lease.

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

The cost of renting an industrial space in Brooklyn can vary significantly depending on factors such as location, size, condition, and specific features of the space. The average asking rent for industrial space in Brooklyn range from approximately $15 to $40 per square foot per year.

To read: our Brooklyn 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 Brooklyn?

Predicting future trends in industrial space rents in Brooklyn is challenging as it depends on various factors and market conditions. However, it's worth noting that Brooklyn has experienced significant growth and redevelopment in recent years, resulting in increased demand for industrial spaces. Factors such as the borough's proximity to Manhattan, expanding creative and tech industries, and the transformation of former industrial areas into vibrant mixed-use neighborhoods have contributed to the upward trend in rents.

Popular neighborhoods in Brooklyn

Brooklyn offers several popular neighborhoods for leasing industrial space, each with its own unique advantages and characteristics. Some of the well-known neighborhoods in Brooklyn known for their industrial spaces include:

• DUMBO (Down Under the Manhattan Bridge Overpass): DUMBO has transformed from an industrial area to a vibrant neighborhood with converted warehouses and industrial lofts. It offers a mix of creative office spaces and light industrial facilities, making it an attractive choice for businesses looking for a unique setting.
• Williamsburg: Williamsburg has seen significant development in recent years, and it offers a mix of industrial and creative spaces. The neighborhood is known for its converted factories and warehouses, which cater to various industries such as manufacturing, art studios, and design.
• Brooklyn Navy Yard: The Brooklyn Navy Yard has undergone a revitalization and offers a large complex of industrial and manufacturing spaces. It provides a supportive environment for businesses in sectors like technology, film and media, and traditional manufacturing.
• Red Hook: Red Hook is a waterfront neighborhood known for its industrial character. It offers a range of industrial spaces, including warehouses and manufacturing facilities. The area has become popular for food and beverage production, as well as arts and creative businesses.
• Bushwick: Bushwick has emerged as a thriving neighborhood with a mix of industrial and creative spaces. It offers a range of warehouses and industrial lofts that can accommodate various business needs, from manufacturing to artists' studios.

Getting to and from Brooklyn

• Airplane: There are three major airports serving NYC - John F. Kennedy International Airport (JFK), LaGuardia Airport (LGA), and Newark Liberty International Airport (EWR). Travelers can fly to these airports from anywhere in the world.
• Train: Amtrak, Long Island Rail Road (LIRR), and New Jersey Transit (NJT) provide train services to and from NYC, connecting travelers to nearby cities and states.
• Bus: Several bus companies, such as Greyhound, Megabus, and BoltBus, offer affordable and convenient bus services to and from NYC.
• Car: Travelers can drive to NYC by taking major highways like I-95, I-78, or I-80, or by using local roads and bridges.
• Ferry: NYC's waterways offer ferry services from nearby cities, such as Jersey City, Hoboken, and Staten Island, providing scenic and enjoyable ways to travel to and from the city.