Long Beach, California Commercial Real Estate 3 Listings
Long Beach, California: A Premier Destination for Commercial Real Estate
Introduction
Long Beach, California, is a vibrant and dynamic city known for its robust commercial real estate (CRE) market. Home to a diverse economy, the city boasts a population of over 460,000 and is strategically positioned as a hub for major industries such as logistics, aerospace, and healthcare. Its unique coastal location, coupled with significant infrastructural assets, makes Long Beach a prime destination for CRE investments across various asset classes.
Economic and Industry Overview
Long Beach's economy is powered by several thriving industries that significantly impact the demand for commercial properties:
- Logistics and Trade: Anchored by the Port of Long Beach, one of the busiest ports in the world, the logistics sector drives demand for industrial and warehouse spaces.
- Aerospace: With a rich history in aerospace, the city hosts companies like Boeing and Virgin Orbit, supporting the demand for office and industrial spaces.
- Healthcare: The presence of institutions like Long Beach Memorial Medical Center spurs the need for medical office buildings and related facilities.
The Long Beach Economic Development Department actively supports these industries through various initiatives aimed at fostering business growth and increasing real estate opportunities.
Strategic Location and Transportation Infrastructure
Long Beach offers unparalleled logistical advantages due to its strategic location and extensive transportation infrastructure:
- Highways: Connected by Interstates 405 and 710, providing direct access to the greater Los Angeles area.
- Ports: The Port of Long Beach is a critical gateway for trans-Pacific trade, enhancing the city’s appeal for industrial and distribution centers.
- Airports: Long Beach Airport offers convenient travel options for business professionals.
- Rail Lines: Rail systems facilitate efficient goods movement to and from the port, contributing to the city's logistics prowess.
These assets ensure seamless connectivity and access to a large labor pool, reinforcing Long Beach's position as a prime commercial hub.
Commercial Real Estate Inventory & Zoning
Long Beach's commercial real estate market is segmented into key submarkets, each offering distinct opportunities:
- Central Business District (CBD): Focused on office and retail spaces.
- Industrial Corridors: Primarily located near the port, ideal for logistics and manufacturing operations.
- Innovation Districts: Areas like Douglas Park cater to tech and creative firms.
The city has introduced various zoning initiatives and incentives to promote development, such as the Downtown Plan. Explore the Long Beach Zoning Map for detailed information.
Major Employers and Institutions
Long Beach is home to several key employers and institutions that drive demand for commercial real estate:
- Boeing: A significant presence in aerospace.
- Long Beach Unified School District: One of the largest employers in the region.
- California State University, Long Beach: A major educational institution contributing to the demand for housing and retail spaces.
Visit the Long Beach Business Directory for a comprehensive list of companies influencing the CRE sector.
Notable Commercial Developments & Projects
Long Beach is witnessing exciting large-scale developments:
- Queen Mary Island: A mixed-use project enhancing the waterfront.
- Long Beach Civic Center: A public-private partnership project revitalizing the downtown area.
- Opportunity Zones: Various zones incentivizing investment in underdeveloped areas.
For more details on these projects, check the city's Planning Bureau.
Building Permits, Planning, and Development Tools
Leverage Long Beach's planning resources to streamline your CRE projects:
- Building and Safety Department
- Permitting Portal
- Parcel Map Viewer
- Planning Commission
- Development Code
Market Data & Economic Reports
Access valuable data sets to inform your investment decisions:
- U.S. Census Bureau
- Long Beach Open Data Portal
- Economic impact reports from the Long Beach Economic Development.
Brevitas leverages AI-powered aggregation from these public data sources to provide enhanced insights. Explore our Brevitas-powered dashboards for Long Beach.
Why Use Brevitas for Long Beach, California CRE?
Brevitas offers a cutting-edge platform for discovering CRE opportunities in Long Beach:
- AI-driven Discovery: Find properties that match your criteria using advanced AI algorithms.
- Real-time Market Alerts: Stay informed about new listings and market trends.
- Smart Property Pages & Dealroom Collaboration: Collaborate seamlessly with brokers and stakeholders.
- Exclusive Listings & Premium Exposure: Gain access to unique listings and maximize your property's visibility.
Enhance your CRE investment strategy in Long Beach with Brevitas' comprehensive tools and insights.
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