Riverside, California Commercial Real Estate 0 Listings

Riverside, California: A Premier Destination for Commercial Real Estate

Introduction

Riverside, California, is a dynamic and strategically positioned city in Southern California, offering exceptional commercial real estate (CRE) opportunities. As part of the Inland Empire, Riverside boasts a robust economy driven by industries such as logistics, healthcare, and education. Its proximity to major transportation networks and a thriving industrial sector makes it an attractive location for investors and developers in various property types, including industrial, office, and retail.

Economic and Industry Overview

Riverside's economy is anchored by diverse industries, including logistics, manufacturing, healthcare, and education. The city is a hub for logistics and distribution, leveraging its location near major highways and ports. The healthcare sector is also significant, with institutions like Riverside University Health System providing comprehensive services. Education and research are supported by the presence of the University of California, Riverside. The Riverside County Economic Development Agency actively promotes growth through various initiatives, enhancing demand for diverse commercial properties.

Strategic Location and Transportation Infrastructure

Riverside is strategically located with access to major transportation infrastructure, including:

Highways: Interstate 215, State Route 91, and State Route 60, facilitating efficient regional connectivity.
Airports: Proximity to Ontario International Airport enhances logistics operations.
Rail Lines: Served by Union Pacific and BNSF railroads, supporting freight movement.
Ports: Access to the Port of Los Angeles and Port of Long Beach, key gateways for international trade.

These features provide Riverside with a logistical advantage, optimizing distribution and access to labor pools. For more information, visit the California Department of Transportation.

Commercial Real Estate Inventory & Zoning

Riverside's commercial real estate landscape is diverse, with key submarkets including:

Central Business District (CBD): Vibrant with office and retail spaces.
Industrial Corridors: Concentrated along major highways, ideal for warehousing and distribution.
Innovation Districts: Home to tech and research firms, driven by university partnerships.

The city offers incentives for developers, including zoning overlays and tax incentives. Explore Riverside's zoning maps and parcel viewer for detailed insights.

Major Employers and Institutions

Top employers in Riverside include:

University of California, Riverside: A major research institution.
Riverside University Health System: A leading healthcare provider.
Kaiser Permanente: A significant employer in the healthcare sector.

These institutions contribute to the demand for office, medical, and research facilities. Visit the City of Riverside's business directory for more information.

Notable Commercial Developments & Projects

Riverside is witnessing several large-scale developments, including:

Mixed-use Projects: Integrating retail, office, and residential spaces.
Innovation Parks: Fostering tech and research collaborations.
Opportunity Zones: Offering tax incentives for development.

The city supports public-private partnerships to drive these initiatives. For planning details, access the Riverside Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Riverside provides essential resources:

Building and Safety Department for permit applications.
Permitting Portal for online submissions.
GIS Parcel Map Viewer for property insights.
Planning Commission for regulatory guidance.
Development Code for zoning regulations.

Market Data & Economic Reports

Riverside offers access to comprehensive data sets through:

U.S. Census Bureau for demographic insights.
City's Open Data Portal for economic reports.

Brevitas leverages AI-powered aggregation from public data and internal insights. Explore Brevitas-powered dashboards for Riverside by visiting Brevitas.