Lakeville, Massachusetts Commercial Real Estate 1 Listing

Lakeville, Massachusetts: A Premier Destination for Commercial Real Estate

Introduction

Nestled in the heart of southeastern Massachusetts, Lakeville is an emerging hub for commercial real estate (CRE). With its strategic location and robust infrastructure, Lakeville offers a dynamic environment for a variety of industries, including logistics and distribution, manufacturing, and healthcare. The town's proximity to major cities, coupled with a growing economy, makes it a compelling destination for CRE professionals seeking opportunities in office, industrial, and retail spaces.

Economic and Industry Overview

Lakeville's economy is characterized by a diverse mix of industries. Key sectors include:

Logistics and Distribution: The town's strategic location near major highways makes it an ideal base for logistics companies.
Manufacturing: With a tradition of manufacturing, Lakeville supports a variety of production facilities, driving demand for industrial spaces.
Healthcare: The presence of reputable healthcare institutions fuels the need for medical office buildings and related facilities.

The Massachusetts Office of Economic Development supports regional growth through various initiatives and incentives, bolstering Lakeville's CRE market.

Strategic Location and Transportation Infrastructure

Lakeville benefits from a well-developed transportation network:

Highways: It is intersected by major routes such as I-495 and Route 140, providing easy access to Boston and Providence.
Rail: The Middleborough/Lakeville line offers commuter rail service to Boston.
Airports: Nearby Logan International Airport and T.F. Green Airport offer domestic and international flights.

These logistical advantages facilitate efficient distribution and access to a skilled labor pool. For more information, visit the Massachusetts Department of Transportation.

Commercial Real Estate Inventory & Zoning

Lakeville's CRE landscape is diverse, with distinct submarkets:

Industrial Corridors: Host to numerous warehouses and distribution centers.
Office Spaces: Primarily located near major transportation routes.
Retail Hubs: Concentrated in downtown and shopping centers.

The town has implemented zoning changes to encourage mixed-use developments and innovation districts. Visit the Lakeville Zoning Map for detailed information.

Major Employers and Institutions

Lakeville is home to several major employers and institutions, including:

Ocean Spray Cranberries: A significant player in the local economy.
Healthcare Providers: Contributing to the demand for medical facilities.

For a comprehensive list of employers, check the Lakeville Business Directory.

Notable Commercial Developments & Projects

Lakeville is witnessing several noteworthy developments:

Mixed-Use Projects: Combining residential, retail, and office spaces.
Innovation Parks: Designed to attract tech companies and startups.

These projects often involve public-private partnerships and are located in designated Opportunity Zones. For more information, visit the Lakeville Planning Department.

Building Permits, Planning, and Development Tools

For CRE professionals, Lakeville offers a suite of planning and development resources:

Market Data & Economic Reports

Lakeville's market data is derived from credible public sources such as Census.gov and the town's open data portal. Brevitas utilizes AI-powered aggregation, combining public data with proprietary insights. Explore Brevitas-powered dashboards for detailed market analysis.