Everett, Massachusetts: A Premier Destination for Commercial Real Estate

Introduction

Everett, Massachusetts, offers a vibrant landscape for commercial real estate (CRE) investors and professionals. As a city characterized by its dynamic economy and strategic location within the Greater Boston area, Everett is home to a diverse range of industries. Its proximity to Boston and access to major transportation routes make it a prime location for various commercial property types, from industrial and office spaces to retail and mixed-use developments.

Economic and Industry Overview

Everett's economy is bolstered by its proximity to Boston, making it an attractive location for industries such as logistics, manufacturing, and technology. The presence of the Encore Boston Harbor casino resort also adds to the demand for retail and hospitality spaces. Local economic development initiatives, such as those led by the Everett Community Development Department, aim to foster growth and attract businesses to the area.

Strategic Location and Transportation Infrastructure

Everett's strategic location offers seamless connectivity via major highways such as Interstate 93 and Route 16. The city is also near Logan International Airport, providing easy access to air transport. Public transportation, including MBTA bus and rail services, further enhances connectivity, making Everett an ideal hub for businesses requiring efficient logistics and distribution networks. For more information, visit the Massachusetts Department of Transportation.

Commercial Real Estate Inventory & Zoning

Everett features diverse CRE submarkets, including industrial corridors and emerging innovation districts. Key asset classes such as industrial, retail, and office spaces are well-represented. The city regularly updates its zoning regulations to accommodate growth and development, with incentives for developers interested in sustainable and innovative projects. To explore zoning maps, visit the City of Everett Zoning Maps.

Major Employers and Institutions

The city hosts several major employers, contributing to a robust CRE demand. Notable entities include the Encore Boston Harbor and the Whidden Hospital. These institutions drive the need for office, retail, and service spaces. For a comprehensive list of businesses and institutions, explore the City of Everett Business Directory.

Notable Commercial Developments & Projects

Everett is witnessing significant commercial developments, including mixed-use projects and master-planned communities. The city's involvement in public-private partnerships and Opportunity Zones attracts investment and spurs economic activity. For detailed development plans, refer to the Everett Planning Department.

Building Permits, Planning, and Development Tools

To facilitate development, Everett offers various resources for obtaining building permits and accessing planning tools. Key resources include: - Everett Building and Safety Department - Permitting Portal - Parcel Map Viewer - Planning Commission - Development Code

Market Data & Economic Reports

For insightful market analysis, investors can access public data sets from Census.gov and Everett's Open Data Portal. Brevitas enhances these insights with AI-powered aggregation, offering comprehensive dashboards for Everett's CRE landscape. Explore Brevitas-powered insights for Everett here.

Why Use Brevitas for Everett, Massachusetts CRE?

Brevitas stands out as an essential tool for CRE professionals in Everett by providing AI-driven discovery, real-time alerts, and collaborative dealrooms. Unique features include: - Auto-generated listing pages - Email and landing page tools - Integration with brokers and developers - Exclusive listings and premium exposure

With Brevitas, navigate the Everett commercial real estate market with precision and insight, ensuring you capitalize on the city's growth opportunities.