Albany, NY Industrial Properties for Lease
- East Greenbush, NY
- Rensselaer, NY
- Delmar, NY
- Troy, NY
- Glenmont, NY
- Guilderland, NY
- Newtonville, NY
- Watervliet, NY
Albany, NY Industrial properties Lease Rates & Market Statistics
Explore 44 Industrial properties for lease in Albany, NY on Realmo, a commercial real estate exchange covering the Albany area. The current inventory totals 1,254,675 square feet of properties — an average of ~28,500 SF per listing.
Industrial properties lease rates in Albany range from $5.50 SF/Yr at the entry level to $17 SF/Yr at the top of the market, averaging $9.53 SF/Yr. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $9.53 SF/Yr is 56% below the New York state average of $21.66 SF/Yr.
Albany accounts for 56% of the 78 industrial properties currently available across Albany County, where nearby markets include Latham and Watervliet. By space type, the market includes 22 flex space listings, 12 other industrial properties and 4 distribution centers — other industrial properties typically offer the lowest entry point, while flex space commands the highest rates.
