City of Commerce, California Commercial Real Estate 0 Listings
City of Commerce, California: A Premier Destination for Commercial Real Estate
Introduction
The City of Commerce, California, stands as a pivotal hub for commercial real estate (CRE) opportunities. Nestled in the Los Angeles County, this city is renowned for its robust logistics and distribution sectors, driven by its strategic location and well-developed infrastructure. Spanning over 6.5 square miles, Commerce is a vibrant city with a strong industrial base, making it an attractive destination for CRE investors and professionals seeking dynamic growth opportunities.
Economic and Industry Overview
Commerce's economy is heavily influenced by its major industries, including logistics, manufacturing, and wholesale trade. The city's industrial backbone creates a consistent demand for various commercial property types, such as industrial warehouses, distribution centers, and flex spaces. The presence of major corporations and regional economic development initiatives, such as the Los Angeles County Economic Development Corporation, further fuels this demand.
Strategic Location and Transportation Infrastructure
The City of Commerce boasts a strategic location with unparalleled access to major transportation networks. It is intersected by key highways, including the I-5 and I-710, providing seamless connectivity to Los Angeles and beyond. The city's proximity to the Port of Los Angeles and Los Angeles International Airport (LAX) enhances its logistical advantages, making it a prime location for distribution and trade. Additionally, the city's access to a skilled labor pool further amplifies its appeal for commercial real estate ventures.
Commercial Real Estate Inventory & Zoning
Commerce hosts diverse submarkets, notably its industrial corridors and burgeoning innovation districts. Key asset classes include industrial, retail, and office spaces. Recent zoning changes and incentives, such as the City of Commerce Zoning Code, are designed to attract developers and investors. The city's parcel viewer provides detailed insights into zoning maps and available parcels.
Major Employers and Institutions
The City of Commerce is home to several major employers that drive CRE demand. Notable entities include Unified Grocers, Smart & Final, and the Commerce Casino. These institutions, along with nearby educational and government centers, contribute to the city's vibrant economic landscape. For more information, visit the city's business directory.
Notable Commercial Developments & Projects
Significant developments, such as the Commerce Logistics Center and the Commerce Business Park, highlight the city's commitment to fostering commercial growth. Public-private partnerships and Opportunity Zones offer attractive incentives for investors seeking to capitalize on the city's evolving landscape. Detailed information on these projects can be accessed via the city’s planning department.
Building Permits, Planning, and Development Tools
For developers and investors, the City of Commerce offers a range of tools and resources to streamline building and planning processes. Key resources include the Building and Safety Department, permitting portal, GIS parcel map viewer, and Planning Commission. Additionally, the city's development code is available online for reference.
Market Data & Economic Reports
Investors can access valuable market data and economic reports through public data sets, including census.gov and the City of Commerce’s open data portal. Brevitas leverages AI-powered aggregation from these public sources and internal insights to provide comprehensive CRE insights. Explore Brevitas-powered dashboards for the City of Commerce here.
Why Use Brevitas for City of Commerce, California CRE?
Brevitas offers a cutting-edge platform for discovering CRE opportunities in the City of Commerce. With AI-driven property discovery, real-time market alerts, and smart property pages, Brevitas empowers investors and brokers to make informed decisions. Unique features such as auto-generated listing pages, email and landing page tools, and integration with brokers and developers ensure exclusive listings receive premium exposure. Explore Brevitas for your CRE needs in the City of Commerce, California.
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