Severn, Maryland Commercial Real Estate 1 Listing
Severn, Maryland: A Premier Destination for Commercial Real Estate
Introduction
Severn, Maryland, offers a robust commercial real estate (CRE) landscape driven by its strategic location, diverse economy, and thriving industry clusters. As a community within the Baltimore-Washington metropolitan area, Severn benefits from proximity to major economic hubs while maintaining its unique appeal. The city is characterized by a growing economy, with vital sectors such as logistics, technology, and defense. These elements make Severn a compelling destination for commercial real estate professionals seeking opportunities in office, industrial, and retail spaces.
Economic and Industry Overview
Severn's economy is bolstered by several key industries that drive demand for various commercial property types. Notable sectors include:
- Logistics and Distribution: Proximity to major transportation networks enhances demand for industrial and warehouse spaces.
- Technology and Defense: The presence of defense contractors and tech firms fuels the need for office spaces.
- Healthcare and Biotech: Growth in medical facilities and research centers supports the expansion of medical and office properties.
Regional economic development is supported by initiatives from organizations such as the Anne Arundel Economic Development Corporation, which focuses on fostering business growth and attracting new companies to the area.
Strategic Location and Transportation Infrastructure
Severn's strategic location is a cornerstone of its commercial appeal:
- Highways: Access to major highways like I-97 and MD-100 facilitates regional connectivity.
- Airports: Baltimore/Washington International Thurgood Marshall Airport (BWI) is a short drive away, offering national and international flight options.
- Rail Lines: Amtrak and MARC train services provide critical rail connectivity.
These transportation networks offer significant logistical advantages for distribution, access to a skilled labor pool, and proximity to the Baltimore and Washington, D.C. markets. For more information, visit the Maryland Department of Transportation website.
Commercial Real Estate Inventory & Zoning
Severn's CRE landscape includes diverse submarkets:
- Industrial Corridors: High demand for warehousing and distribution centers.
- Office Spaces: A thriving market for corporate and tech office spaces.
- Retail Hubs: Expanding retail centers cater to the growing population.
Recent zoning changes and incentives for developers can be explored via the Anne Arundel County Zoning Maps. These resources provide insights into development opportunities and potential overlays.
Major Employers and Institutions
Severn is home to several major employers and institutions that drive CRE demand:
- Defense contractors such as Northrop Grumman and Lockheed Martin.
- Proximity to educational institutions like the University of Maryland, Baltimore County.
- Government centers supporting federal and state operations.
For more details, explore the Anne Arundel County Business Directory.
Notable Commercial Developments & Projects
Severn's landscape is evolving with significant developments:
- Mixed-Use Projects: New developments combine residential, office, and retail spaces.
- Innovation Parks: These areas focus on tech and research-driven enterprises.
- Opportunity Zones: Designated areas offer tax incentives for investors.
Information on these projects can be found through the Anne Arundel County Planning & Zoning department.
Building Permits, Planning, and Development Tools
For CRE professionals interested in development, Severn provides a variety of resources:
These tools facilitate efficient planning and development processes.
Market Data & Economic Reports
Severn's commercial real estate market is supported by comprehensive data:
- Public datasets from census.gov provide demographic and economic insights.
- Anne Arundel County's Open Data Portal offers local economic reports.
Brevitas enhances these resources with AI-powered aggregation, offering unique insights through Brevitas-powered dashboards.
Why Use Brevitas for Severn, Maryland CRE?
Brevitas stands out as the go-to CRE marketplace for Severn, Maryland, by offering:
- AI-Driven Discovery: Streamlined search for properties and market insights.
- Real-Time Market Alerts: Stay informed with instant updates.
- Smart Property Pages: Auto-generated pages with detailed information.
- Dealroom Collaboration: Seamless interaction with brokers and developers.
Additional features include email and landing page tools, exclusive listings, and premium exposure for properties. Explore the benefits of using Brevitas for your Severn, Maryland, commercial real estate needs.
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