Concord, New Hampshire: A Premier Destination for Commercial Real Estate

Introduction

Concord, New Hampshire, offers a strategic advantage for commercial real estate (CRE) investors and professionals. As the state capital, Concord is not only a hub for government activities but also hosts a diverse range of industries, including healthcare, education, and manufacturing. With a growing population and a robust local economy, Concord presents numerous opportunities for investment in office spaces, industrial properties, and retail developments. Its unique positioning in the New England region further enhances its appeal as a dynamic CRE market.

Economic and Industry Overview

Concord's economy is driven by several key industries that influence the demand for various types of commercial properties:

• Healthcare and Education: These sectors are significant employers in Concord, creating a steady demand for office spaces and specialized medical facilities.
• Manufacturing and Technology: The presence of manufacturing firms and tech startups contributes to the need for industrial and flex spaces.
• Government and Administration: As the state capital, Concord hosts numerous government offices, which bolster the demand for office real estate.

The New Hampshire Department of Business and Economic Affairs supports local economic development initiatives, fostering a business-friendly environment that attracts new enterprises and encourages expansion.

Strategic Location and Transportation Infrastructure

Concord's strategic location offers excellent logistical advantages:

• Highways: The city is well-connected by Interstate 93 and Interstate 89, facilitating easy access to major markets in the Northeast.
• Airports: Concord Municipal Airport provides air transport access, while Manchester-Boston Regional Airport, located nearby, offers expanded connectivity.
• Rail: Freight rail services support industrial and manufacturing sectors, enhancing distribution capabilities.

The New Hampshire Department of Transportation provides further details on transportation infrastructure that supports CRE activities.

Commercial Real Estate Inventory & Zoning

Concord's commercial real estate landscape is diverse, with several key submarkets:

• Central Business District (CBD): A vibrant area with office spaces and retail establishments.
• Industrial Corridors: Located on the outskirts, these areas cater to manufacturing and logistics.
• Innovation Districts: Emerging hubs for tech startups and research facilities.

Recent zoning updates have introduced incentives for developers, particularly in mixed-use and innovation zones. Explore the City of Concord Zoning Maps for detailed information.

Major Employers and Institutions

Key employers and institutions driving CRE demand in Concord include:

• Concord Hospital: A major healthcare provider and employer.
• University of New Hampshire School of Law: Contributing to the educational and professional landscape.
• State Government Offices: Anchoring demand for office spaces.

The Greater Concord Chamber of Commerce offers further insights into the business community and major employers.

Notable Commercial Developments & Projects

Several large-scale developments are reshaping Concord's CRE landscape:

• Penacook Village Redevelopment: A mixed-use project revitalizing the area with residential and commercial spaces.
• Opportunity Zones: Designated areas offering tax incentives for investment, detailed by the New Hampshire Economic Development Division.

Discover more about these projects via the City of Concord Planning Department.

Building Permits, Planning, and Development Tools

Access essential planning and development resources through:

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

Market Data & Economic Reports

Leverage public data for informed decisions:

• U.S. Census Bureau for demographic and economic data.
• New Hampshire Economic Development Reports.

Brevitas offers AI-powered data aggregation and insights, enhancing your CRE strategies. Explore our Concord, New Hampshire dashboard for detailed market analytics.

Why Use Brevitas for Concord, New Hampshire CRE?

Brevitas stands out in the Concord CRE market by providing:

• AI-Driven CRE Discovery: Effortlessly find properties that match your criteria.
• Real-Time Market Alerts: Stay informed about the latest opportunities.
• Smart Property Pages: Access comprehensive property details.
• Dealroom Collaboration: Collaborate seamlessly with stakeholders.

With features like auto-generated listing pages, integrated email and landing page tools, and exclusive listings, Brevitas ensures premium exposure and efficient transactions for CRE professionals in Concord.