Greenfield, Massachusetts Commercial Real Estate 0 Listings

Greenfield, Massachusetts: A Premier Destination for Commercial Real Estate

Introduction

Greenfield, Massachusetts, offers a compelling landscape for commercial real estate (CRE) professionals seeking opportunities in a dynamic and evolving market. With a population of approximately 17,000 residents, Greenfield is the economic hub of Franklin County. The city’s diverse economy is anchored by healthcare, manufacturing, education, and retail sectors. Its strategic location in the Pioneer Valley, combined with its robust infrastructure, makes Greenfield an attractive destination for CRE investments.

Economic and Industry Overview

Greenfield’s economy is driven by several key industries that create demand for various commercial property types. The healthcare sector is a significant contributor, with facilities like the Baystate Franklin Medical Center leading the charge. Manufacturing also plays a critical role, with companies in precision machining and plastics production bolstering the industrial real estate market.

The presence of Greenfield Community College supports the educational sector, increasing the demand for office and retail spaces. The Franklin Regional Council of Governments spearheads regional economic development initiatives, fostering a business-friendly environment.

Strategic Location and Transportation Infrastructure

Greenfield is strategically located at the intersection of Interstate 91 and the Mohawk Trail (Route 2), providing seamless connectivity to major markets in New England. The city is served by the John W. Olver Transit Center, a multimodal transportation hub offering rail and bus services, enhancing accessibility for businesses and employees.

Access to Massachusetts Department of Transportation resources ensures efficient logistical operations, making Greenfield a prime location for distribution and access to a skilled labor pool.

Commercial Real Estate Inventory & Zoning

Greenfield’s commercial real estate is categorized into several submarkets, including the Central Business District (CBD), industrial corridors, and innovation districts. Key asset classes in the city encompass industrial, retail, office, and medical spaces. Recent zoning changes have facilitated mixed-use developments, attracting developers to the area.

For detailed zoning information, visit the City of Greenfield’s Zoning Maps.

Major Employers and Institutions

Greenfield is home to major employers such as Baystate Franklin Medical Center and Greenfield Community College. These institutions, along with the Greenfield Public Schools and the Franklin County Courthouse, drive significant CRE demand.

For more information on local businesses, explore Franklin County Chamber of Commerce.

Notable Commercial Developments & Projects

Greenfield is experiencing growth through projects like the mixed-use development on Olive Street and the expansion of the Greenfield Industrial Park. These developments, often part of public-private partnerships, are revitalizing the city’s commercial landscape.

For planning documents and site maps, refer to the Greenfield Planning Department.

Building Permits, Planning, and Development Tools

Greenfield offers a range of tools for developers, including:

Market Data & Economic Reports

Access to comprehensive market data is crucial for CRE professionals. Public datasets from census.gov and local economic reports provide valuable insights. Brevitas enhances this data with AI-powered aggregation and internal insights, available through our Greenfield CRE dashboards.

Why Use Brevitas for Greenfield, Massachusetts CRE?

Brevitas stands out as a premier platform for discovering and managing CRE opportunities in Greenfield. Our AI-driven tools offer real-time market alerts, smart property pages, and seamless dealroom collaboration. Unique features include: