WareSpace Renton | Warehouse Space for Lease | 700 Powell Ave SW
700 Powell Ave SW, Renton, WA 98057
Company Overview
WareSpace, founded in 2018, is a privately held company headquartered in Columbia, Maryland. Specializing in micro-unit warehouse spaces, WareSpace caters to small and independent businesses across various industries. The company operates facilities in multiple U.S. cities, including Atlanta, Chicago, Dallas, Denver, Fort Worth, Houston, Minneapolis, Mt. Laurel, Philadelphia, Phoenix, and Washington, D.C.
Property Overview
WareSpace Renton is a 90,120-square-foot industrial facility at 700 Powell Ave SW in the Renton Valley, acquired by WareSpace in April 2026 for $19 million as the company’s first Pacific Northwest location. The building is being converted into a fully managed co-warehousing hub with private suites from 200 to 2,000 square feet, targeting the Seattle metro’s undersupplied small-bay industrial market. Expected opening is Q1 2027.
The property features 24-foot clear heights, 9 dock-high doors with 5 levelers, 1 grade-level door, and 7 rail-served doors. Located 20 minutes from Downtown Seattle and 10 minutes from Sea-Tac International Airport, with direct access to both I-5 and I-405, the facility serves the full Puget Sound logistics corridor from Bellevue to Tacoma.
WareSpace’s co-warehousing model offers all-inclusive monthly pricing starting under $1,000 with no NNN, CAM, or personal guarantee required. Tenants get 24/7 secure access to their private unit plus shared loading docks, a shipping station, warehouse equipment, conference rooms, and on-site management.
Higlights
- Building: 90,120 SF industrial facility with 24-foot clear heights
- Loading: 9 dock-high doors (5 with levelers), 1 grade-level door, 7 rail-served doors
- Unit Sizes: Private suites from 200 to 2,000 SF
- All-Inclusive Lease: Starting under $1,000/month — no NNN, no CAM
- Location: 20 min to Downtown Seattle, 10 min to Sea-Tac Airport, direct I-5/I-405 access
- Opening: Expected Q1 2027 — join waitlist for preferred unit selection
- Lease Flexibility: 6 and 12-month terms, no personal guarantee
- Nearby: Serves Renton, Bellevue, Mercer Island, Kirkland, Redmond, Federal Way, and Tacoma
Features
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