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Nebraska: A Premier Destination for Commercial Real Estate

Introduction

Nebraska, centrally located in the United States, offers a dynamic commercial real estate (CRE) landscape driven by its diverse economy and strategic geographical positioning. The state boasts a robust mix of industries ranging from agriculture and manufacturing to finance and technology, making it an attractive destination for investors seeking opportunities in office spaces, industrial properties, and retail centers.

Economic and Industry Overview

Nebraska’s economy is characterized by a blend of traditional and emerging industries. Agriculture remains a cornerstone, but sectors like logistics, manufacturing, and financial services are rapidly expanding, fueling demand for various commercial property types. The Nebraska Department of Economic Development actively promotes initiatives to attract businesses, enhancing the state’s CRE market.

Strategic Location and Transportation Infrastructure

Nebraska's strategic location in the heart of the nation provides significant logistical advantages. Major highways such as Interstates 80 and 29 facilitate efficient distribution across the country. The state is also served by several key rail lines and the Eppley Airfield, which connects to major markets. These transportation assets make Nebraska a hub for logistics and distribution, benefiting industrial and commercial real estate sectors.

Commercial Real Estate Inventory & Zoning

Nebraska's CRE market is diverse, with significant submarkets including Omaha's Central Business District (CBD) and Lincoln’s innovation districts. Key asset classes prevalent in the state include industrial parks, retail outlets, and office spaces. Recent zoning changes and incentives, such as tax increment financing, support development. The City of Omaha Planning Department offers comprehensive zoning maps and parcel viewers for detailed exploration.

Major Employers and Institutions

Nebraska hosts several major employers that drive CRE demand, including Union Pacific Railroad, Berkshire Hathaway, and Mutual of Omaha. The presence of esteemed institutions like the University of Nebraska further stimulates the market. For more information, visit the Nebraska Economic Development Directory.

Notable Commercial Developments & Projects

Nebraska is witnessing significant commercial developments, such as the Omaha Riverfront Revitalization and Lincoln's Telegraph District. These projects, often supported by public-private partnerships and designated Opportunity Zones, are reshaping the state’s CRE landscape. For detailed project maps, refer to the Nebraska Planning Department.

Building Permits, Planning, and Development Tools

Explore essential resources for developing in Nebraska:

Market Data & Economic Reports

Nebraska provides access to a wealth of public data sets, including those from Census.gov and the Nebraska Open Data Portal. Brevitas leverages AI-powered aggregation from these public sources and internal insights to offer comprehensive market intelligence. Discover Brevitas-powered dashboards for Nebraska’s CRE market here.