Foxboro, Massachusetts: A Premier Destination for Commercial Real Estate

Introduction

Foxboro, Massachusetts, is an emerging hub for commercial real estate, strategically located in the heart of Norfolk County. Despite its relatively modest size, Foxboro boasts a dynamic economy primarily driven by the entertainment and retail sectors, anchored by the renowned Gillette Stadium. The city’s unique positioning between Boston and Providence makes it an attractive location for businesses seeking access to key markets in New England.

Economic and Industry Overview

Foxboro's economy is bolstered by industries such as entertainment, retail, and logistics. The presence of Gillette Stadium not only drives demand for retail and hospitality properties but also enhances the city’s profile as a destination for regional and national events. The logistics sector benefits from Foxboro’s strategic location and infrastructure, supporting the need for industrial and distribution spaces. For more details on regional economic initiatives, visit the Metro South Chamber of Commerce.

Strategic Location and Transportation Infrastructure

Foxboro is well-served by major transportation routes, including Interstate 95 and Interstate 495, providing seamless connectivity to Boston, Providence, and beyond. The proximity to Logan International Airport and the Port of Boston grants businesses logistical advantages in distribution and supply chain management. Public transportation is facilitated by the MBTA Commuter Rail, offering access to labor pools in the Greater Boston area. More information can be found on the Massachusetts Department of Transportation.

Commercial Real Estate Inventory & Zoning

Foxboro offers diverse commercial real estate opportunities, including office spaces, industrial properties, and retail centers. Key submarkets include the Central Business District and the industrial corridors near Route 1. Recent zoning changes have introduced incentives for mixed-use developments, aiming to attract innovative projects. For zoning maps and parcel viewers, visit the Town of Foxborough's Planning and Zoning.

Major Employers and Institutions

Foxboro is home to major employers such as the Kraft Group, Schneider Electric, and Invensys. These institutions contribute to the demand for commercial real estate, particularly in office and industrial spaces. The presence of these corporate headquarters and research centers underscores the city's economic vitality. Explore Foxborough's Business Directory for more information.

Notable Commercial Developments & Projects

Noteworthy developments in Foxboro include the Patriot Place complex, a mixed-use development offering retail, entertainment, and office spaces. Additionally, the city has designated several Opportunity Zones to stimulate investment in underdeveloped areas. For details on planning and site maps, access the Foxborough Planning Department.

Building Permits, Planning, and Development Tools

Foxboro provides a range of resources for developers, including:

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

Market Data & Economic Reports

Accessing detailed market data is crucial for informed decision-making. Public datasets, such as those available from census.gov, provide valuable insights into demographic and economic trends. Brevitas leverages AI-powered aggregation from public data and internal insights to enhance your understanding of the Foxboro CRE market. Explore our Brevitas-powered dashboards for comprehensive data.

Why Use Brevitas for Foxboro, Massachusetts CRE?

Brevitas offers a suite of AI-driven tools tailored for commercial real estate professionals:

• AI-Driven CRE Discovery: Find properties that match specific criteria quickly.
• Real-Time Market Alerts: Stay informed about the latest market developments.
• Smart Property Pages: Access detailed property insights and analytics.
• Dealroom Collaboration: Streamline negotiations with integrated tools.

Additional features include auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers, offering exclusive listings and premium exposure. Discover more at Brevitas.