Preston, Connecticut: A Premier Destination for Commercial Real Estate

Introduction

Preston, Connecticut, although a small town, offers unique opportunities for commercial real estate (CRE) investors and professionals. Situated in New London County, Preston is strategically positioned with access to key markets and a burgeoning local economy. Its proximity to major cities and industrial hubs makes it an appealing destination for various commercial property types. With a focus on industries such as manufacturing, healthcare, and tourism, Preston is poised for growth in CRE.

Economic and Industry Overview

Preston's economy is driven by several major industries, including manufacturing, healthcare, and tourism. These sectors create a steady demand for diverse commercial property types such as industrial spaces, office buildings, and retail units. As part of the Southeastern Connecticut Enterprise Region (seCTer), Preston benefits from regional economic development initiatives aimed at fostering business growth and enhancing infrastructure. For more information, visit seCTer.

Strategic Location and Transportation Infrastructure

Preston's strategic location offers significant logistical advantages. The town is accessible via major highways such as Interstate 395 and Route 2, which facilitate seamless connectivity to nearby urban centers and interstate commerce routes. Additionally, the proximity to the Port of New London and regional airports enhances its appeal for distribution and logistics businesses. For further details on transportation infrastructure, visit the Connecticut Department of Transportation.

Commercial Real Estate Inventory & Zoning

Preston's commercial real estate inventory is diverse, with key submarkets including industrial corridors and retail centers. The town offers a range of asset classes such as industrial, retail, and office spaces. Recent zoning changes and incentives are designed to attract developers and investors, with the town providing resources and support for CRE projects. For zoning maps and parcel viewers, refer to the Town of Preston Zoning.

Major Employers and Institutions

Significant employers in Preston include healthcare facilities, manufacturing companies, and educational institutions. These entities drive demand for commercial spaces and contribute to the town's economic vitality. The presence of corporate headquarters and research centers further enhances the CRE landscape. For a comprehensive list of employers, explore the Preston Economic Development Commission.

Notable Commercial Developments & Projects

Preston is home to several large-scale development projects and public-private partnerships. These include mixed-use developments, innovation parks, and areas designated as Opportunity Zones, which offer tax incentives for investors. For more information on active projects, visit the Preston Planning Department.

Building Permits, Planning, and Development Tools

To facilitate development, Preston offers a wealth of resources including:

• Building and Safety Department
• Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Investors can access various public data sets and reports for insights into Preston's economic landscape, such as those available from census.gov and the town's open data portal. Brevitas leverages AI-powered aggregation to provide comprehensive market dashboards for Preston, making it easier to navigate the CRE landscape. Explore Brevitas-powered dashboards here.

Why Use Brevitas for Preston, Connecticut CRE?

Brevitas offers a suite of AI-driven tools for CRE discovery in Preston, Connecticut, including:

• AI-driven market alerts and smart property pages
• Auto-generated listing pages and collaboration tools
• Integration with brokers and developers
• Exclusive listings and premium exposure

These features make Brevitas the go-to marketplace for commercial real estate professionals in Preston. Discover more about our services by visiting Brevitas.