Arundel, Maine: A Premier Destination for Commercial Real Estate

Introduction

Arundel, Maine, offers a compelling landscape for commercial real estate (CRE) investment, driven by its strategic location and dynamic economic potential. Despite its small size, Arundel boasts a diverse economy with growing industry clusters that make it an attractive destination for CRE professionals. The town's unique positioning along major transportation routes enhances its appeal for various commercial property types.

Economic and Industry Overview

Arundel's economy is supported by key industries such as manufacturing, logistics, and retail. These sectors drive the demand for industrial and office spaces. The town benefits from initiatives led by regional economic development agencies like Maine & Company, which supports business growth and investment in the area.

Strategic Location and Transportation Infrastructure

Arundel is strategically located near major highways, including the I-95 corridor, providing seamless connectivity to Portland and Boston markets. The town's proximity to the Port of Portland and the Portland International Jetport enhances logistical efficiencies for distribution and access to labor pools. For more information on transportation infrastructure, visit the Maine Department of Transportation.

Commercial Real Estate Inventory & Zoning

Arundel's CRE market includes diverse submarkets such as industrial corridors and emerging innovation districts. Key asset classes include industrial spaces, retail properties, and office buildings. Recent zoning changes and incentives for developers are detailed in the Arundel Zoning Ordinance. Explore the Arundel Parcel Viewer for detailed maps.

Major Employers and Institutions

Arundel's CRE demand is significantly influenced by major employers like Kennebunk Savings and the University of New England. These institutions, along with research centers and corporate offices, anchor the local economy. Visit the Arundel Business Directory for a complete list of top employers.

Notable Commercial Developments & Projects

Significant commercial developments include mixed-use projects and innovation parks, often supported by public-private partnerships. Arundel also features designated Opportunity Zones that offer tax incentives for redevelopment. More details can be found on the Arundel Planning Department's site.

Building Permits, Planning, and Development Tools

For development tools and building permits, refer to the following resources: - Arundel Building and Safety Department - Permitting Portal - Parcel Map Viewer / GIS - Planning Commission - Development Code

Market Data & Economic Reports

Public data sets and economic reports are essential for informed CRE investment. Explore resources such as Census.gov and the Arundel Open Data Portal. Brevitas leverages AI-powered aggregation to provide insights into the Arundel CRE market. Discover more on Brevitas' Arundel dashboard.

Why Use Brevitas for Arundel, Maine CRE?

Brevitas offers a comprehensive platform for CRE discovery in Arundel, with features such as: - AI-driven market alerts - Auto-generated listing pages - Email and landing page tools - Integration with brokers and developers - Exclusive listings and premium exposure

Brevitas is the go-to marketplace for real-time insights and collaboration, positioning you for success in Arundel’s CRE market.