Warehouses

Thinking about investing in commercial real estate in Boston? Odds are that you envision being the proud owner of a sleek office building or sprawling strip mall. As promising as such properties may seem, there's another option worth considering: warehouses. Indeed, in the world of commercial real estate investment options, Boston warehouses are among the most exciting. They often fly under the radars of even highly experienced investors, so there tends to be a huge array of available listings at any given moment. Getting started with investing in Boston warehouses can be daunting, but with a little help from Boston City Properties, you'll be on your way in no time.

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Warehouse Listings

The Benefits of Investing in Boston Warehouses

There's no denying it: Warehouses are anything but glamorous. It's little wonder that few investors give them a second thought. A healthy portfolio doesn't depend on glitzy commercial properties, though; it depends on profitable ones, and that's what you'll get by investing in warehouses in Boston. At Boston City Properties, we understand the many exciting benefits of investing in Boston warehouses and can help you make the most of your endeavors. In the meantime, consider these intriguing advantages:

• It's Profitable - Regardless of where it's located in Boston, warehouse space tends to produce incredible returns for investors. It's amazing what tenants are willing to pay to keep their goods safe. While ROI for warehouses varies wildly from one part of the country to the next, warehouses in Boston tend to be very safe bets from an investment standpoint. That's true of virtually any major city, where large warehouses tend to be few and far between. Although businesses can store their wares out in the suburbs, it's typically far more convenient to keep them closer at hand. As the owner of a warehouse in Boston, you will be able to fetch top dollar for your building. That's true whether you plan to lease it out or sell it.
• It's Versatile - When most people think of a warehouse, images of cavernous spaces lined with huge shelves stacked high with goods come to mind. To be sure, warehouses are most commonly used to store goods. They're also popularly used as distribution centers. However, in a major city like Boston, they're also often converted to serve other purposes as well. A seemingly run-down warehouse in an in-demand area like the Back Bay, for instance, can be renovated, rezoned and turned into a trendy nightclub. Similarly, a long-neglected warehouse can find a profitable new lease on life by being converted into lofts. Demand is high for cool places to live in some of Boston's most desirable neighborhoods, and the right warehouse investment can help you take advantage of it.
• It's In Demand - Due to the popularity of office buildings and the like, it's natural to assume that they are the safest bets in the world of Boston commercial real estate investing. Incredibly, however, warehouses tend to be much better options. Warehouse space is always in demand, and that's especially true when the economy is on an upswing. According to some estimates, the average nationwide vacancy rate for office buildings is around 14 percent while it ranges from 4 to 6 percent for warehouses. If you're going to lease out your commercial property, the last thing you need is a space that's going to sit there vacant for months on end. You're far less likely to run into that issue with a warehouse.
• It's Scarce - Okay, in some parts of Boston, there are plenty of warehouses. Most of them are occupied, though; others are in such dire disrepair that they need to be torn down entirely. Unlike the suburbs, where vacant land abounds for new commercial real estate development, Boston is overwhelmingly developed. When someone needs warehouse space, they are in for an uphill battle. In the end, they will have to pay whatever the going rate is, and it tends to be steep in the city. When you invest in a Boston warehouse, you can be sure that you'll find a tenant or tenants for it in short order. Similarly, if you're going to fix it up and flip it, you shouldn't have to wait long to get the price you want.
• It's Getting More Necessary by the Day - As online retail becomes more and more ubiquitous, demand for brick-and-mortar retail space begins to wane. On the plus side, though, demand for excellent warehouse space begins to grow. That's been the case for some time, and it's getting truer by the day. Thanks to Boston's location in the heart of New England, it's a great place for online retailers to keep their wares. When you list a new warehouse for lease, you can be certain you'll receive inquiries from many e-commerce retailers. With that in mind, you shouldn't have to wait around to sell or lease your space. Boston City Properties understands what these retailers need when it comes to warehouse space, and we can help you identify the most promising options.
• It's Less Risky - As mentioned previously, vacancy rates for warehouses tend to be far lower than those for retail spaces and other commercial real estate options. That alone makes investing in a warehouse a fairly safe bet. There are other reasons too, though. For instance, if you originally intend to flip a property but keep striking out, you can always fall back on leasing it out instead. Leases for commercial real estate tend to be for extended periods of time, so you can breathe easy for a few years while working out new ways to sell the property for an excellent profit. The right warehouse can also help you with your other real estate investment endeavors because you can use it as collateral. What's more is that there are often considerable local and federal tax advantages to investing in commercial real estate, and warehouses are no exception.

How to Find Boston Warehouses for Sale and Lease

By now, investing in warehouses in Boston probably sounds pretty good to you. How do you actually go about finding the right properties, though? That's where Boston City Properties comes into play. We understand the Boston commercial real estate market inside and out, and our experienced team knows the finer nuances of locating and investing in warehouses in Boston. We will sit down with you to find out your overall goals and to understand your budgetary needs. From there, we will round up a list of promising options in the neighborhoods and areas that interest you the most.

As surprising as it may seem, Boston warehouses are excellent additions to any savvy real estate investor's portfolio. They are in high demand all year long, and they are located throughout the city. You can do so much with a single warehouse, so there's no need to back yourself into a corner. Whether you subdivide a vast warehouse and rent it out to numerous businesses or invest in a warehouse and convert it into lofts, the possibilities are practically limitless. With help from Boston City Properties, you can easily find the most promising Boston warehouses and be on your way to real estate investing success in no time.

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Warehouse Listings