Tyngsborough, Massachusetts: A Premier Destination for Commercial Real Estate

Introduction

Tyngsborough, Massachusetts, offers a unique commercial real estate (CRE) landscape, characterized by its strategic location and diverse economy. As a small town with a population of approximately 12,000, Tyngsborough is part of the Greater Lowell area and benefits from its proximity to major urban centers like Boston. The town's economy is driven by sectors such as healthcare, education, and manufacturing, making it a compelling choice for investors and developers looking to capitalize on its growth potential.

Economic and Industry Overview

Tyngsborough's economy is supported by a mix of major industries including healthcare, manufacturing, and retail. The presence of regional healthcare facilities and educational institutions contributes to the demand for medical office spaces and educational facilities. Additionally, the town's manufacturing sector, which includes advanced manufacturing and technology, boosts the requirement for industrial properties. The Middlesex 3 Coalition is an economic development initiative that promotes growth in the region, further enhancing CRE opportunities.

Strategic Location and Transportation Infrastructure

Tyngsborough is strategically located along the Route 3 corridor, providing excellent access to both Boston and New Hampshire. This connectivity is enhanced by proximity to major highways such as I-495 and I-93, facilitating efficient transportation and logistics. The town's location offers logistical advantages for distribution centers and access to a skilled labor pool from nearby cities. For detailed transportation maps, visit the Massachusetts Department of Transportation.

Commercial Real Estate Inventory & Zoning

The commercial real estate landscape in Tyngsborough includes diverse submarkets such as industrial corridors and retail hubs. Key asset classes include industrial spaces, retail centers, and office buildings. Recent zoning changes have facilitated mixed-use developments, fostering a vibrant business environment. For detailed zoning information, refer to the Town of Tyngsborough Zoning Maps.

Major Employers and Institutions

Tyngsborough hosts several prominent employers and educational institutions that drive CRE demand. Notable employers include local healthcare facilities and educational institutions such as the University of Massachusetts Lowell, which is a short drive away. For a comprehensive list of businesses and employers, visit the Tyngsborough Business Directory.

Notable Commercial Developments & Projects

The town has seen several significant development projects, including mixed-use and industrial parks. These developments are often supported by public-private partnerships and benefit from Opportunity Zones, which offer tax incentives. Information on current projects can be found on the Tyngsborough Planning Department website.

Building Permits, Planning, and Development Tools

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

Market Data & Economic Reports

Explore comprehensive market data and reports through public sources such as census.gov and the town's open data portal. Brevitas leverages AI-powered aggregation of public data, offering detailed insights into the Tyngsborough CRE market. Discover more through Brevitas-powered dashboards for Tyngsborough.

Why Use Brevitas for Tyngsborough, Massachusetts CRE?

Brevitas offers a cutting-edge platform for CRE discovery in Tyngsborough, Massachusetts, featuring AI-driven insights, real-time market alerts, and collaborative dealroom tools. Key features include: - Auto-generated listing pages - Email and landing page tools - Integration with brokers and developers - Exclusive listings and premium exposure

Explore all that Brevitas has to offer and gain a competitive edge in Tyngsborough's dynamic commercial real estate market.