West Palm Beach, Florida Commercial Real Estate 16 Listings
West Palm Beach, Florida: A Premier Destination for Commercial Real Estate
Introduction
West Palm Beach, Florida, is an attractive hub for commercial real estate (CRE) investments, offering a dynamic blend of economic vitality, strategic location, and diverse industry sectors. As a vibrant city with a population of approximately 111,000, West Palm Beach is part of the Miami metropolitan area, which is a major economic powerhouse. The city's economy is driven by key sectors such as biotechnology, logistics, and finance, making it a prime destination for various CRE asset classes, including office, industrial, and retail spaces.
Economic and Industry Overview
West Palm Beach's economy is bolstered by a variety of industries that create robust demand for commercial real estate:
- Biotechnology: The city is a burgeoning hub for biotech firms, thanks to its proximity to research institutions and a skilled workforce.
- Logistics and Distribution: With its strategic location and transportation infrastructure, West Palm Beach serves as a vital logistics center.
- Finance and Professional Services: The area hosts numerous financial services firms, contributing to the demand for office space.
The Business Development Board of Palm Beach County plays a crucial role in fostering economic growth and development initiatives in the region.
Strategic Location and Transportation Infrastructure
West Palm Beach boasts a strategic location with excellent transportation infrastructure:
- Highways: Access to major highways such as I-95 and Florida's Turnpike facilitates efficient regional and interstate connectivity.
- Airports: Palm Beach International Airport (PBI) provides both domestic and international flight services, enhancing business travel and logistics.
- Ports: The Port of Palm Beach is a key player in trade and distribution, offering significant logistical advantages.
For more details, visit the Florida Department of Transportation and the Port of Palm Beach.
Commercial Real Estate Inventory & Zoning
West Palm Beach offers a diverse range of CRE submarkets:
- Central Business District (CBD): A bustling area with a mix of office, retail, and hospitality properties.
- Industrial Corridors: Areas like the Airport/Southern Boulevard corridor are ideal for industrial and logistics facilities.
- Innovation Districts: Zones focused on tech and innovation offer unique opportunities for development.
Developers can explore zoning maps and parcel information through the City of West Palm Beach Planning and Zoning department.
Major Employers and Institutions
Key employers and institutions driving CRE demand include:
- Florida Power & Light: A major utility company with headquarters in the region.
- Palm Beach County School District: One of the largest employers in the area.
- Scripps Research Institute: A renowned research center contributing to the biotech sector.
For additional resources, visit the Palm Beach County Economic Development site.
Notable Commercial Developments & Projects
West Palm Beach is home to significant commercial developments:
- Rosemary Square: A mixed-use urban redevelopment project offering retail, dining, and office spaces.
- Brightline Station: Part of a high-speed rail network, enhancing connectivity and stimulating nearby development.
Further information can be found via the City of West Palm Beach Development Services.
Building Permits, Planning, and Development Tools
For developers and investors, the following resources are invaluable:
- City of West Palm Beach Building Division
- Permitting Portal
- GIS and Parcel Viewer
- Planning Commission
- Development Code
Market Data & Economic Reports
West Palm Beach offers a wealth of market data and economic reports:
- Access public data sets from Census.gov and the City's Open Data Portal.
- Explore Brevitas-powered dashboards, leveraging AI-powered aggregation for comprehensive market insights.
Why Use Brevitas for West Palm Beach, Florida CRE?
Brevitas provides an unparalleled platform for CRE professionals in West Palm Beach:
- AI-driven Discovery: Harness the power of AI for property discovery and market alerts.
- Smart Property Pages: Auto-generated listings with integrated marketing tools.
- Collaboration Tools: Seamless integration with brokers and developers for dealroom collaboration.
- Exclusive Listings: Gain premium exposure and access exclusive opportunities.
Discover more about Brevitas and explore the West Palm Beach CRE Marketplace.
Key West Style Professional Building For Sale
West Palm Beach, FL
321 L A Kirksey Street
3657 Westgate Avenue
120 S Olive Avenue
2240 Palm Beach Lakes Boulevard
120 S Olive Avenue
1402 Royal Palm Beach Boulevard
I'm Maid For You
9100 Belvedere Road
9200 Belvedere Road
4524 Gun Club Road
9100 Belvedere Road
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