Orange, Massachusetts: A Premier Destination for Commercial Real Estate

Introduction

Orange, Massachusetts, a charming town in the north-central part of the state, presents a compelling opportunity for commercial real estate (CRE) professionals. With a population of approximately 7,800, Orange combines small-town appeal with strategic access to major economic hubs. The town’s economy is characterized by a diverse mix of manufacturing, agriculture, and retail, making it an attractive location for various CRE asset classes. Its unique positioning along key transportation routes further enhances its appeal for investors seeking opportunities in industrial and logistic spaces.

Economic and Industry Overview

Orange is historically rooted in manufacturing, with industries such as precision machining and fabricated metal products driving demand for industrial and flex space. The town benefits from regional economic development initiatives aimed at revitalizing its industrial base, supported by the North Central Massachusetts Development Corporation. The presence of small-scale agriculture also creates opportunities in agribusiness and food processing facilities.

Strategic Location and Transportation Infrastructure

Orange boasts excellent transportation connectivity, making it a strategic location for distribution and logistics. Situated along Route 2, a major east-west highway, and in proximity to Interstate 91, Orange provides direct access to markets in Worcester, Springfield, and beyond. The town is served by the Pan Am Railways, offering freight rail connections. For more detailed transportation information, visit the Massachusetts Department of Transportation.

Commercial Real Estate Inventory & Zoning

Orange features a diverse range of CRE submarkets, including its central business district, industrial corridors, and emerging innovation districts. Key asset classes include industrial, retail, office, and medical spaces. The town has recently updated zoning ordinances to encourage mixed-use developments and sustainable practices, as outlined in the Orange Zoning Map. Developers can benefit from local incentives aimed at fostering economic growth in designated zones.

Major Employers and Institutions

The town's economy is bolstered by major employers such as the Athol-Orange Area School District and the L.S. Starrett Company, a leading manufacturer of precision tools. Orange is also home to several healthcare facilities and government institutions that drive demand for office and medical space. For a comprehensive list of businesses, visit the North Quabbin Chamber of Commerce.

Notable Commercial Developments & Projects

Recent developments in Orange include the revitalization of the Orange Innovation Center, a mixed-use facility that supports local entrepreneurs and startups. The town is part of an Opportunity Zone, offering tax incentives for investors in qualifying development projects. Explore detailed planning documents on the Town of Orange Planning Department.

Building Permits, Planning, and Development Tools

For those interested in development opportunities, the following resources are essential: - Orange Building and Safety Department - Permitting Portal - Parcel Map Viewer / GIS - Planning Commission - Development Code

Market Data & Economic Reports

Orange’s economic landscape is supported by publicly available data sets from sources such as census.gov and the town’s open data portal. Brevitas leverages AI-powered aggregation to offer comprehensive market insights. Discover our Brevitas-powered dashboards for detailed CRE analysis in Orange, Massachusetts.

Why Use Brevitas for Orange, Massachusetts CRE?

Brevitas offers unparalleled tools and services for CRE professionals in Orange, Massachusetts: - AI-driven CRE discovery: Access real-time market alerts and smart property pages. - Dealroom collaboration: Facilitate seamless transactions with integrated tools. - Exclusive listings and premium exposure: Gain access to listings not found on other platforms. - Auto-generated listing pages: Simplify property marketing with automated solutions. - Email and landing page tools: Enhance engagement with targeted communications.

With Brevitas, you’re equipped to capitalize on Orange’s CRE opportunities, leveraging advanced technology and exclusive market insights. Explore Orange’s potential through our Brevitas platform.