Co-Warehousing and Small-Bay Warehouse Operators Compared: 2026 Guide

Last updated: November 11, 2026

Co-warehousing operators lease private warehouse units inside shared, staffed buildings, usually on short terms with utilities, loading docks and equipment included. This guide compares 14 co-warehousing and small-bay operators in the US and Canada on locations, unit sizes, terms and published pricing, using each operator’s own website or listings.

Every operator is described with the same fields and the same sources. Details change often, so confirm current terms and availability with the operator before you sign.

What Is the Difference Between Co-Warehousing and Small-Bay Industrial?

Co-warehousing puts many businesses in one operator-run building. Each business leases a private, lockable unit and shares the loading docks, equipment, meeting rooms and staff. Units are usually a few hundred to a few thousand square feet, and rent typically bundles utilities and services into one monthly charge.

Small-bay industrial is a property type. Each tenant leases its own bay in a multi-tenant building or park, usually with its own roll-up door, and often on more conventional terms. Several operators in this guide combine the two, for example by adding shared amenities and short terms to small-bay parks. The small bay industrial guide covers specs and rents in more detail.

How Were These Operators Chosen and Compared?

An operator is included if it runs multi-tenant buildings or parks in the US or Canada, leases private warehouse units or bays to small businesses, and had at least one open location on November 11, 2026.

• Excluded: on-demand warehousing and 3PL networks that store goods for you, coworking chains that offer only storage closets, and conventional landlords with no small-business program.
• Fields: locations, unit sizes, minimum terms, published pricing and what is included.
• Sources: each operator’s website, checked November 11, 2026. Where a website gave no figure, the operator’s own listings were used, and the profile says so. ReadySpaces figures come from its own records.
• Order: alphabetical. No ranking is implied.

How Do Co-Warehousing Operators Compare?

The table summarizes each operator as published on November 11, 2026. “Not published” means the operator’s website gives no price and quotes by unit.

What Does Each Co-Warehousing Operator Offer?

Each profile below uses the same five fields. Figures come from the operator’s website unless the profile says otherwise.

BaySpace

BaySpace runs small-bay industrial and flex properties, mainly in Florida, with additional properties in Texas and Georgia.

• Locations: 52 properties listed on its website, most in Florida, 13 in Texas and 4 in Georgia.
• Unit sizes: about 100 SF to 40,000 SF.
• Terms: not stated on its website.
• Pricing: starting prices are shown for some properties, from $600 a month; others are by quote.
• Included: 24/7 access, video surveillance, nightly security patrols and climate control. BaySpace listings on WareCRE

Blue Co. Warehousing

Blue Co. Warehousing is a Raleigh-based co-warehousing operator focused on service businesses, trades and e-commerce. Its website does not list unit sizes or prices, so those figures come from its own listings.

• Locations: two buildings on Pylon Drive in Raleigh, a building and a fleet-parking lot in Fuquay-Varina, and space in Charlotte, NC.
• Unit sizes: not listed on its website; its Fuquay-Varina listing offers built-out flex suites of 500–5,000 SF.
• Terms: all spaces month-to-month.
• Pricing: not published on its website; a 2026 listing gives a rent range of $100–$10,000 a month.
• Included: shared forklift and pallet jacks, daily carrier pickups, fleet vehicle parking and laydown space, plus cross-docking and optional fulfillment support. Blue Co. listings on WareCRE

Cubework

Cubework offers warehouse and office space that runs from single bays to large industrial floors, so it spans co-warehousing and conventional leasing.

• Locations: 50+ locations in 22 states, including California, Texas, Georgia, Arizona, Missouri, Illinois and Washington. Its website also cites 55+ in one section.
• Unit sizes: from a single bay to 400,000 SF.
• Terms: month-to-month, seasonal or long-term.
• Pricing: described as all-in, but rates are not published.
• Included: loading docks, Wi-Fi, power, 24/7 access, forklift-ready aisles, optional racking and offices. Cubework listings on WareCRE

Elevator

Elevator combines micro-warehouse units, private offices and coworking in Midwest buildings.

• Locations: Omaha and Lincoln, NE; Des Moines, IA; North Kansas City and St. Louis, MO.
• Unit sizes: not listed on its website.
• Terms: monthly memberships with no long-term commitment.
• Pricing: not published.
• Included: utilities, climate control, Wi-Fi, 24/7 keyless access, daily UPS, FedEx and USPS pickups, carts and dollies, and photo and video equipment. Elevator listings on WareCRE

FlexEtc

FlexEtc (also styled Flex ETC) offers private warehouse units, private offices and shared warehouse “Labs” in converted industrial buildings.

• Locations: Los Angeles, Denver, Plano, Salt Lake City, Nashville, Charlotte and Phoenix, with Broomfield, CO listed for January 2027.
• Unit sizes: private warehouse units of 300–3,000 SF.
• Terms: month-to-month for private warehouse units.
• Pricing: private warehouse units from $1,000 a month, private offices from $500 and shared Labs from $650.
• Included: drive-up loading docks, carrier pickups, mail and package receiving, conference rooms and on-site community managers. FlexEtc listings on WareCRE

Polygon

Polygon is a Dallas-based co-warehousing operator with climate-controlled private units.

• Locations: Atlanta (South Fulton) and Dallas, with Fort Worth listed as coming soon.
• Unit sizes: 200–5,000 SF.
• Terms: agreements from three months.
• Pricing: a flat monthly fee that covers utilities; rates are not published.
• Included: climate control in every unit, truck-level loading docks, daily UPS, USPS and FedEx pickups, on-site management and a content studio. Polygon listings on WareCRE

Portal Warehousing

Portal Warehousing runs co-warehousing buildings with reception and coworking space in larger metros.

• Locations: Austin, Boston, Brooklyn, Manhattan, Medford (MA), Minneapolis, Orlando, Philadelphia, Phoenix, Raleigh and Salt Lake City.
• Unit sizes: 250–4,000+ SF.
• Terms: short-term agreements with no long-term lease; no minimum is stated.
• Pricing: membership tiers listed from $50 to $1,500 a month; the website does not tie the tiers to unit sizes.
• Included: loading docks and equipment, daily carrier pickups, a shipping and receiving address, reception services and utilities. Portal listings on WareCRE

ReadySpaces

ReadySpaces runs co-warehousing buildings with private warehouse units and offices in the US and Canada. ReadySpaces and WareCRE are affiliated companies, and these figures come from ReadySpaces’ own records and brand materials.

• Locations: 38 locations in 19 metros, including Toronto and Vancouver.
• Unit sizes: warehouse units of 200–5,000 SF.
• Terms: from 90 days, then month to month.
• Pricing: varies by unit; current unit prices appear on its listings.
• Included: loading docks and grade-level doors, forklifts and pallet jacks. ReadySpaces listings on WareCRE

RISE Commercial District

RISE Commercial District runs small-bay parks with drive-up warehouse units, offices and flex units in the Midwest.

• Locations: 16 open locations in Indiana, Ohio, Minnesota, Missouri and Wisconsin, with Mt. Comfort, IN listed as coming soon.
• Unit sizes: warehouse units of about 200–3,000 SF; its website gives slightly different ranges in different sections.
• Terms: flexible, with 12 months described as the most popular term.
• Pricing: one monthly bill; rates by quote.
• Included: at most locations, utilities, Wi-Fi, 24/7 access, on-site management and common-area charges. RISE listings on WareCRE

Saltbox

Saltbox combines private warehouse suites with operations services for e-commerce brands.

• Locations: 13 locations in 9 markets: Atlanta (3), Dallas (2), Los Angeles (2), Chicago, Denver, Miami, Phoenix, Seattle and Washington, DC (Alexandria, VA). The Chicago site was taking tours on November 11, 2026.
• Unit sizes: suites of 70–5,000 SF, with larger tiers listed.
• Terms: month-to-month memberships.
• Pricing: private suites from $500 a month, varying by location and size; a shared-access plan is $349 and a virtual plan $99.
• Included: loading docks, carrier pickups, inventory receiving, on-site staff and optional pick-and-pack services; content studios at some locations. Saltbox listings on WareCRE

TradeSpace

TradeSpace is a Calgary co-warehousing operator that also offers fulfillment and cross-docking.

• Locations: three in Calgary, with Edmonton listed as coming soon.
• Unit sizes: 100–2,000 SF.
• Terms: one-month minimum, then monthly.
• Pricing: not published.
• Included: shipping and receiving, forklift and labor services, pick-and-pack fulfillment, cross-docking, and office and coworking space. TradeSpace listings on WareCRE

WareSpace

WareSpace converts industrial buildings into co-warehousing facilities with climate-controlled units and an on-site manager.

• Locations: 20+ locations in 14 states, across 19 listed metros from Atlanta and Austin to Seattle and Washington, DC. Its website also cites 30+ in places.
• Unit sizes: 200–2,000+ SF.
• Terms: 6–12 months.
• Pricing: all-inclusive, from $1,000 a month for 200–400 SF, $1,500 for 500–800 SF, $2,000 for 900–1,400 SF and $2,500 for 1,500–2,000+ SF.
• Included: HVAC, racking and pallet jacks, shared loading docks, daily carrier pickups and an on-site general manager. WareSpace listings on WareCRE

WorkBay

WorkBay runs small-bay parks for contractors, trades, e-commerce sellers and other small businesses.

• Locations: 28 parks in Utah, Arizona, Texas, Florida and California.
• Unit sizes: about 480–5,000 SF, depending on the park.
• Terms: month-to-month up to three years, with lower rates for longer terms.
• Pricing: starting rents are published for each park, from $965 a month.
• Included: roll-up doors, a private bathroom in many units, on-site management and business Wi-Fi where available. WorkBay listings on WareCRE

WorkHub

WorkHub develops office-warehouse parks north of Houston and runs a co-warehousing product, WorkHub Flex.

• Locations: Conroe, Magnolia and Spring, TX, with Pflugerville, Katy (Cinco Ranch) and a second Spring site listed as coming soon.
• Unit sizes: Flex suites from about 250 SF; office-warehouse units from 1,590 SF.
• Terms: month-to-month for Flex; office-warehouse leases of three to five years.
• Pricing: Flex from $990 a month; office-warehouse units at base rent plus NNN, such as $2,190 a month for 1,590 SF.
• Included: shared forklift and pallet jack, internet, on-site support and, for Flex, shared docks and 24/7 access. WorkHub listings on WareCRE

Other small-bay, flex and co-warehousing operators with listings on WareCRE include CoFlex, Fuse Flex Space, Loloft, MicroFlex Spaces, NW Flex Space and SmallBay.

Which Co-Warehousing Operator Fits Which Kind of Business?

The right operator depends on what the business does in the space, how long it can commit and where it needs to be. These pairings follow from each operator’s published offer.

• E-commerce brands that want help with fulfillment: Saltbox and TradeSpace sell pick-and-pack and receiving services alongside space; Blue Co. offers cross-docking and optional fulfillment support.
• Businesses that need more than 3,000 SF: BaySpace, Cubework, Polygon, Portal, ReadySpaces, Saltbox, WorkHub and some WorkBay parks list larger units, and Blue Co. lists suites up to 5,000 SF.
• Contractors and trades: WorkBay parks have roll-up doors, Blue Co. offers fleet parking and laydown space, and RISE units have drive-up access.
• The shortest commitment: Blue Co., Cubework, Elevator, FlexEtc, Saltbox, WorkBay and WorkHub Flex offer month-to-month terms, and TradeSpace has a one-month minimum.
• Climate-controlled space: Polygon and WareSpace state that every unit is climate controlled; BaySpace and Elevator list climate control among their amenities.
• Canada: ReadySpaces (including Toronto and Vancouver) and TradeSpace (Calgary).
• The Midwest: RISE and Elevator focus on the region, and Cubework, Portal (Minneapolis), Saltbox (Chicago) and WareSpace (Chicago and Minneapolis–St. Paul) also operate there.

What Should You Ask Before Signing a Co-Warehousing Agreement?

Ask for the full agreement and a written list of what the monthly price covers before you commit.

1. What is the minimum term, and how much notice is needed to leave or change units?
2. What does the monthly price include: utilities, internet, common-area charges, equipment, carrier pickups?
3. Can you move to a larger or smaller unit without starting a new agreement?
4. Is a personal guarantee or security deposit required?
5. What insurance certificate does the operator require?
6. Are your uses allowed, such as vehicle work, food, chemicals or after-hours operations?
7. When and how are rates increased at renewal?

Sources: operator websites checked November 11, 2026: bayspace.com, bluecowarehousing.com, cubework.com, elevatorspaces.com, flexetc.com, polygonspaces.com, join-portal.com, risecommercialdistrict.com, saltbox.com, gotradespace.com, warespace.com, workbay.com and workhubusa.com; ReadySpaces facility records and brand messaging, November 2026; Blue Co. Warehousing listings on LoopNet (2026).