Wareham, Massachusetts Commercial Real Estate 0 Listings

Wareham, Massachusetts: A Premier Destination for Commercial Real Estate

Introduction

Wareham, Massachusetts, offers a compelling environment for commercial real estate (CRE) investors and developers. Nestled in Plymouth County, this vibrant town of approximately 23,000 residents is strategically positioned to serve key economic sectors, including retail, healthcare, and maritime industries. With its unique location bridging Cape Cod and the South Coast of Massachusetts, Wareham presents significant opportunities in various CRE asset classes.

Economic and Industry Overview

Wareham's economy is robust, with retail, healthcare, and tourism serving as the primary industry clusters. The town's commercial landscape is driven by a mix of small businesses and larger employers, creating a diverse demand for office, retail, and industrial properties. The presence of Tobey Hospital and the Wareham Crossing shopping complex exemplifies the sustained demand for healthcare and retail spaces. The Massachusetts Economic Development Guide outlines regional initiatives aimed at bolstering these sectors.

Strategic Location and Transportation Infrastructure

Wareham's strategic position is enhanced by its access to major transportation routes, including Interstate 195, U.S. Route 6, and Route 28, facilitating efficient logistics and distribution operations. The nearby Massachusetts South Coast Rail project will further enhance connectivity to Boston, expanding access to labor pools and markets. Additionally, the town's proximity to the Cape Cod Canal and the ports of New Bedford and Fall River positions Wareham as a logistical hub with access to coastal markets. For more details, visit the Massachusetts Department of Transportation.

Commercial Real Estate Inventory & Zoning

Wareham features a variety of CRE submarkets, from its central business district (CBD) to industrial corridors like the Rosebrook Business Park. The primary asset classes in Wareham include industrial, retail, and medical office spaces. The town has introduced zoning incentives to encourage mixed-use developments and innovation districts, promoting growth in key areas. For zoning maps and parcel viewers, visit the Town of Wareham's Planning Department.

Major Employers and Institutions

Wareham is home to several major employers that drive CRE demand, including Southcoast Health (Tobey Hospital), Decas Cranberry Products, and the Wareham Public School District. These institutions not only sustain demand for office and medical spaces but also encourage residential and retail development. For a comprehensive list of businesses, check out the Wareham Economic Development Committee.

Notable Commercial Developments & Projects

Significant developments in Wareham include the Rosebrook Place mixed-use development and the expansion of Wareham Crossing. These projects exemplify the town's commitment to fostering economic growth through public-private partnerships and designated Opportunity Zones. More information can be found on the Wareham Planning Department's page.

Building Permits, Planning, and Development Tools

To facilitate development, the Town of Wareham offers several resources:

Market Data & Economic Reports

Public data sets such as those from census.gov and Wareham's open data portal provide insights into the town's economic landscape. Brevitas leverages AI-powered aggregation from these public data sources and internal market insights. Explore Brevitas-powered dashboards for detailed market analyses.

Why Use Brevitas for Wareham, Massachusetts CRE?

Brevitas offers an advanced AI-driven CRE discovery platform, providing real-time market alerts and smart property pages to enhance your investment decisions in Wareham. Unique features include: