Atlantic City, New Jersey Commercial Real Estate 14 Listings

Atlantic City, New Jersey: A Premier Destination for Commercial Real Estate

Introduction

Atlantic City, New Jersey, renowned for its vibrant entertainment and tourism sector, offers a unique landscape for commercial real estate (CRE). As a city with a population of approximately 38,000 residents, Atlantic City is a compact yet dynamic hub. The city's economy is largely driven by the gaming, tourism, and hospitality industries, making it a prime location for retail and mixed-use developments. Its strategic coastal position enhances its appeal for commercial ventures, providing opportunities for growth in CRE.

Economic and Industry Overview

Tourism and Gaming

The backbone of Atlantic City's economy is its expansive gaming and tourism industry. This sector fuels demand for retail spaces, hotels, and entertainment venues. The presence of numerous casinos and resorts, such as the Borgata and Harrah's, sustains a thriving hospitality market.

Economic Development Initiatives

Various regional initiatives, like the Atlantic County Economic Alliance, focus on diversifying the economy and promoting business-friendly policies. These efforts aim to attract new industries, such as renewable energy and technology, further driving CRE demand.

Strategic Location and Transportation Infrastructure

Accessibility

Atlantic City is accessible via several major highways, including the Atlantic City Expressway and U.S. Route 30. The city benefits from proximity to the Atlantic City International Airport and a robust rail link provided by New Jersey Transit.

Logistical Advantages

The city's strategic coastal location offers significant logistical advantages for distribution channels, providing easy access to the Northeastern U.S. market. Additionally, the South Jersey Transportation Authority supports regional connectivity.

Commercial Real Estate Inventory & Zoning

CRE Submarkets

Atlantic City's CRE landscape is diverse, with notable submarkets such as the Central Business District (CBD), the Boardwalk area, and the Marina District. These areas host a variety of asset classes, including retail, office, and hospitality spaces.

Zoning and Incentives

The city's zoning regulations support mixed-use developments, and recent overlays encourage sustainable building practices. For more details, visit the City of Atlantic City zoning maps.

Major Employers and Institutions

Top Employers

Atlantic City's economy is bolstered by major employers such as the Borgata Hotel Casino & Spa and Caesars Entertainment. These entities drive significant demand for commercial spaces.

Educational Institutions

Nearby, Stockton University contributes to the local economy, fostering innovation and attracting research facilities.

Notable Commercial Developments & Projects

Large-Scale Projects

The city is witnessing several large-scale developments, such as the Atlantic City Gateway Project, a public-private partnership featuring a new campus for Stockton University and South Jersey Gas headquarters. Explore more at the Atlantic City Planning Department.

Building Permits, Planning, and Development Tools

Market Data & Economic Reports

Explore public data sets such as census.gov and the city's open data portal for insights into market trends. Brevitas leverages AI-powered aggregation to provide comprehensive CRE insights. Discover more with Brevitas-powered dashboards for Atlantic City.

Why Use Brevitas for Atlantic City, New Jersey CRE?

Brevitas offers cutting-edge AI-driven CRE discovery, providing real-time market alerts, smart property pages, and collaborative dealroom features. Key benefits include:

Auto-generated listing pages
Email and landing page tools
Integration with brokers and developers
Exclusive listings and premium exposure

Atlantic City, New Jersey, presents a vibrant opportunity for commercial real estate investment, and Brevitas stands ready to facilitate your exploration of this promising market.