Franklin Twp, New Jersey Commercial Real Estate 0 Listings
Franklin Twp, New Jersey: A Premier Destination for Commercial Real Estate
Introduction
Franklin Township in New Jersey stands as a vibrant hub for commercial real estate, offering a unique blend of strategic location, robust economic frameworks, and diverse industry presence. With a population of over 65,000, the township is part of Somerset County and benefits from its proximity to major metropolitan areas like New York City and Philadelphia. The local economy is bolstered by a mix of industries, including biotechnology, logistics, and education, making it an attractive destination for commercial real estate professionals and investors.
Economic and Industry Overview
Franklin Township's economy is characterized by its diverse industry sectors. Key industries include:
- Biotechnology: The township is part of New Jersey's renowned biotech corridor, driving demand for specialized office and laboratory spaces.
- Logistics and Distribution: With its strategic location, the logistics sector thrives, necessitating significant industrial and warehousing spaces.
- Education and Research: Proximity to Rutgers University and other institutions fuels demand for office and retail spaces.
For more information on regional economic initiatives, you can visit the Somerset County Economic Development Commission.
Strategic Location and Transportation Infrastructure
Franklin Township boasts excellent transportation infrastructure:
- Highways: Accessible via Interstate 287 and Route 27, providing seamless connectivity to major cities.
- Airports: Close to Newark Liberty International Airport, enhancing business travel and cargo logistics.
- Rail Lines: Served by New Jersey Transit, connecting to the Northeast Corridor.
- Ports: Proximity to Port Newark-Elizabeth Marine Terminal facilitates international trade.
These logistical advantages enhance Franklin Township's appeal as a distribution and business hub. For more details, visit the New Jersey Department of Transportation.
Commercial Real Estate Inventory & Zoning
Franklin Township offers diverse commercial real estate options:
- Submarkets: Includes Central Business District (CBD) and industrial corridors.
- Asset Classes: Industrial, office, retail, and medical spaces are prominent.
- Zoning: Recent zoning changes encourage mixed-use developments and innovation districts.
For zoning maps and parcel viewers, visit the Franklin Township Zoning Map.
Major Employers and Institutions
The township hosts several major employers and institutions:
- Rutgers University: A key driver of research and development.
- Johnson & Johnson: A major player in the biotech sector.
- Somerset County Government: Contributes to office space demand.
Explore more through the Somerset County Business Directory.
Notable Commercial Developments & Projects
Franklin Township is home to several significant developments:
- Mixed-Use Projects: New developments are integrating residential, retail, and office spaces.
- Opportunity Zones: Designated areas offering tax incentives for investors.
For planning and site maps, visit the Franklin Township Planning Department.
Building Permits, Planning, and Development Tools
Access essential resources for development:
- Building and Safety Department
- Permitting Portal
- Parcel Map Viewer / GIS
- Planning Commission
- Development Code
Market Data & Economic Reports
Franklin Township provides a wealth of market data:
- Public Data Sets: Available at census.gov and the township's open data portal.
- Economic Reports: Regular reports detail market trends and forecasts.
Explore AI-driven insights with Brevitas-powered dashboards for Franklin Township.
Why Use Brevitas for Franklin Twp, New Jersey CRE?
Brevitas offers unparalleled tools for CRE professionals:
- AI-Driven Discovery: Find properties faster with AI-powered search.
- Real-Time Market Alerts: Stay updated on the latest listings and market changes.
- Smart Property Pages: Enhance listings with auto-generated content.
- Dealroom Collaboration: Streamline your transactions with Brevitas' collaboration tools.
Unique features include:
- Auto-generated listing pages
- Email and landing page tools
- Integration with brokers and developers
- Exclusive listings for premium exposure
Discover more about Franklin Twp, New Jersey commercial real estate with Brevitas.
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