New York Industrial Commercial Real Estate
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Industrial Commercial Real Estate in New York
An essential city in the world’s economic output, New York has been a powerhouse in business, industry, distribution, and world trade since its early roots. First settled in 1613 by a Portuguese trader and trapper, the city was once called New Amsterdam during its Dutch rule before becoming a vital part of the English colonies and trade across the Atlantic - and the trend of commerce, trade, manufacturing, shipping, and logistics continues to this day.
Due to its long history of industry, commerce, shipping, and trade, the city remains an important part of the country’s industrial wheel. While other midwestern cities have become more commonly known for their manufacturing and industry, New York City’s industrial real estate portfolio remains as strong and robust as ever. Manhattan won’t suit most large-scale facilities on a budget, but the city’s surrounding boroughs offer plenty of space and opportunity for those seeking manufacturing or warehouse space in the Big Apple.
Outside of the glamour of Broadway and the cutthroat attitude of Wall Street, New York City offers companies seeking industrial real estate within the city plenty of opportunities. From the Garment District to SoHo and across the bridge to Long Island City, NYC provides a small but impressive portfolio of industrial spaces perfectly suited to small, medium, and large-scale manufacturing, logistics, or warehousing. While the city remains among the most densely populated cities in the country, the options for shipping are as vast as any place on Earth. From the plethora of longstanding ports to major roadways and airports, New York City is a major destination for businesses seeking best-in-class infrastructure and transportation support for domestic and global distribution.
Market Stats
New York has 7,192 commercial real estate spaces for lease, representing 43,116,708 sqft space.
310 buildings are available for sale.
In the past 30 days, New York has had 342 spaces leased and 2 new spaces come on market.