Revere, Massachusetts: A Premier Destination for Commercial Real Estate

Introduction

Located just five miles from downtown Boston, Revere, Massachusetts, stands as a compelling hub for commercial real estate (CRE) investors and professionals. With a population of approximately 54,000 and a diverse economy that spans healthcare, retail, and logistics, Revere offers a unique blend of urban accessibility and suburban opportunities. The city's strategic position near major transportation routes and its commitment to economic development make it a prime location for various CRE asset classes.

Economic and Industry Overview

Revere's economic landscape is driven by several key industries, including retail, healthcare, and logistics. The presence of major shopping centers and healthcare facilities fuels demand for retail and office spaces. The city's proximity to Boston further enhances its appeal for logistics and distribution facilities, given the ease of access to a large consumer base.

Revere benefits from initiatives led by the Massachusetts Office of Business Development and the Revere Economic Development Office, which focus on attracting and retaining businesses in the region.

Strategic Location and Transportation Infrastructure

Revere's strategic location is underscored by its robust transportation infrastructure. Key highways such as U.S. Route 1 and Massachusetts Route 16 provide direct access to Boston and other major cities in the region. The city is also served by the MBTA Blue Line, offering efficient public transit options.

Moreover, Revere's proximity to Logan International Airport and the Port of Boston presents significant logistical advantages for businesses involved in distribution and international trade. Additional information can be found through the Massachusetts Department of Transportation.

Commercial Real Estate Inventory & Zoning

Revere boasts a diverse range of CRE submarkets, including vibrant retail corridors and emerging innovation districts. Key asset classes in the city encompass industrial, retail, and office spaces. Recent zoning changes and development incentives have been implemented to encourage mixed-use developments and enhance the city's commercial landscape.

Developers and investors can access detailed zoning information and parcel maps through the City of Revere's Zoning Map.

Major Employers and Institutions

Revere is home to several major employers and institutions that contribute to CRE demand. Notable entities include the Massachusetts General Hospital's Revere HealthCare Center and the Revere Public Schools. These institutions, alongside a growing number of retail and service businesses, drive demand for commercial spaces.

For a comprehensive list of local employers, visit the Revere Chamber of Commerce.

Notable Commercial Developments & Projects

Revere is witnessing a wave of exciting commercial developments, including mixed-use projects and revitalization of key areas. The Suffolk Downs redevelopment, a public-private partnership, is transforming a former horse racing track into a vibrant mixed-use community with office, retail, and residential components. More details are available on the Revere Planning Department's website.

Building Permits, Planning, and Development Tools

For developers and CRE professionals, the following resources provide essential tools for planning and development in Revere:

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

Market Data & Economic Reports

Robust public datasets and economic reports offer insights into Revere's commercial real estate market. Resources such as Census.gov and the city's Open Data Portal can be valuable for data-driven decisions. Brevitas leverages AI-powered aggregation from these public data sources to provide comprehensive market insights. Explore Brevitas-powered dashboards for Revere to stay informed.

Why Use Brevitas for Revere, Massachusetts CRE?

Brevitas offers unparalleled tools and services for CRE professionals in Revere. Our platform provides:

• AI-driven CRE discovery for precise property searches
• Real-time market alerts to stay ahead of trends
• Smart property pages with auto-generated listing content
• Dealroom collaboration for seamless transactions

Additional features include email and landing page tools, integration with brokers and developers, and exclusive listings for premium exposure. Discover the full potential of Revere's CRE market with Brevitas.