Berkeley Heights, New Jersey Commercial Real Estate 0 Listings

Berkeley Heights, New Jersey: A Premier Destination for Commercial Real Estate

Introduction

Berkeley Heights, New Jersey, is emerging as a prime destination for commercial real estate (CRE) investment. Nestled within Union County, this suburban city boasts a robust economy driven by its proximity to major metropolitan areas and its diverse industry clusters. Known for its vibrant business environment, Berkeley Heights offers a strategic location for office, industrial, and retail developments, making it an attractive choice for CRE professionals.

Economic and Industry Overview

Berkeley Heights supports a diverse array of industries, including biotechnology, pharmaceuticals, and technology. The presence of these industries drives demand for various property types, particularly office spaces and research facilities. The city benefits from regional economic development initiatives that aim to foster innovation and business growth. For more information on economic development in the area, you can visit the Union County Economic Development Corporation.

Strategic Location and Transportation Infrastructure

Berkeley Heights offers excellent connectivity, being serviced by major highways such as I-78 and Route 22, facilitating efficient transport and logistics operations. The nearby Newark Liberty International Airport and the Port Newark-Elizabeth Marine Terminal provide significant logistical advantages for distribution and trade. Additionally, the NJ Transit rail line offers a direct connection to New York City, enhancing access to a large labor pool. For more details on transportation infrastructure, check the New Jersey Department of Transportation.

Commercial Real Estate Inventory & Zoning

The city features diverse CRE submarkets, including bustling business districts and emerging industrial corridors. Key asset classes include office spaces, industrial facilities, and retail centers. Recent zoning changes have introduced overlays that encourage mixed-use developments, providing incentives for developers. Zoning maps and parcel viewers can be accessed through the Berkeley Heights Planning Board.

Major Employers and Institutions

Notable employers in Berkeley Heights include large pharmaceutical companies and tech firms, which contribute significantly to CRE demand. The presence of corporate headquarters and research centers further bolsters the city's attractiveness. More information can be found in the Union County Business Directory.

Notable Commercial Developments & Projects

Berkeley Heights is witnessing several large-scale developments, including mixed-use projects and innovation parks. These developments often involve public-private partnerships and are located within designated Opportunity Zones. For detailed planning and site maps, please visit the Berkeley Heights Planning Department.

Building Permits, Planning, and Development Tools

For those interested in development, Berkeley Heights offers a range of resources:

Market Data & Economic Reports

Public data sets, including those from census.gov, provide valuable insights into the market dynamics of Berkeley Heights. Brevitas uses AI-powered aggregation from these public data sources and internal insights to offer comprehensive market intelligence. Explore Brevitas-powered dashboards for Berkeley Heights here.