Manhattan Beach, California Commercial Real Estate 0 Listings

Manhattan Beach, California: A Premier Destination for Commercial Real Estate

Introduction

Manhattan Beach, California, is an attractive hub for commercial real estate (CRE) investment due to its strategic location and vibrant economy. Nestled in the South Bay region of Los Angeles County, this city is known for its affluent community and robust economic activity. With a diverse economic base primarily driven by industries such as technology, aerospace, and professional services, Manhattan Beach offers a unique positioning for CRE opportunities. Its proximity to Los Angeles International Airport (LAX) and major transportation routes further enhances its appeal for commercial real estate professionals.

Economic and Industry Overview

Manhattan Beach's economy is bolstered by significant industry clusters, including technology, aerospace, and creative services. The presence of tech startups and established firms drives the demand for office spaces, while the aerospace sector supports industrial property needs. The city's economic development initiatives focus on fostering a business-friendly environment to attract new companies and encourage growth in these sectors. The South Bay Workforce Investment Board plays a pivotal role in promoting regional economic development, ensuring a skilled workforce to meet the demands of these industries.

Strategic Location and Transportation Infrastructure

Manhattan Beach benefits from its strategic location and excellent transportation infrastructure. The city is conveniently accessed via the I-405 and I-105 highways, providing seamless connectivity to Greater Los Angeles and beyond. Its proximity to Los Angeles International Airport (LAX) is a significant logistical advantage, facilitating global commerce and attracting businesses reliant on air travel. Additionally, the Port of Los Angeles and the Port of Long Beach, major gateways for international trade, are within a short distance, enhancing the city's appeal for distribution and logistics operations. For more details, visit the California Department of Transportation.

Commercial Real Estate Inventory & Zoning

Manhattan Beach's commercial real estate landscape is diverse, featuring various submarkets, including the central business district and industrial corridors. Key asset classes include office, retail, and industrial properties, with a growing interest in medical and multifamily developments. The city actively manages zoning changes to accommodate growth and incentivize developers. Notable zoning overlays and incentives can be explored via the Manhattan Beach Planning Division.

Major Employers and Institutions

The city's CRE market is supported by prominent employers such as Northrop Grumman, Raytheon, and Skechers USA, which maintain significant operations in the area. The presence of these corporations, alongside educational institutions like Loyola Marymount University, drives demand for commercial spaces. For additional information on local businesses and institutions, refer to the Manhattan Beach Chamber of Commerce.

Notable Commercial Developments & Projects

Manhattan Beach is witnessing several large-scale developments, including mixed-use projects and innovation parks. These developments reflect the city's commitment to strategic growth and urban revitalization. Public-private partnerships and Opportunity Zones are integral to these efforts, promoting sustainable development and economic diversification. Detailed project maps and plans can be accessed through the Manhattan Beach Planning Department.

Building Permits, Planning, and Development Tools

For CRE professionals seeking to engage in development within Manhattan Beach, the following resources are invaluable:

Market Data & Economic Reports

Access comprehensive market data and economic reports through public datasets such as census.gov and the City of Manhattan Beach's Open Data Portal. Brevitas utilizes AI-powered aggregation from these public data sources and internal insights to provide detailed market analyses. Explore Brevitas-powered dashboards for Manhattan Beach to gain a competitive edge in the CRE market.

Why Use Brevitas for Manhattan Beach, California CRE?

Brevitas offers an unparalleled platform for discovering Manhattan Beach commercial real estate opportunities. Our AI-driven tools enable real-time market alerts, smart property pages, and seamless dealroom collaboration. Key features include: