White Plains, New York Commercial Real Estate 0 Listings

White Plains, New York: A Premier Destination for Commercial Real Estate

Introduction

White Plains, New York, is a dynamic hub for commercial real estate, strategically situated in Westchester County. With a population of over 58,000, White Plains boasts a robust economy driven by sectors such as healthcare, finance, and retail. Its proximity to New York City and advantageous transportation infrastructure make it an attractive location for businesses and investors seeking diverse commercial property opportunities.

Economic and Industry Overview

White Plains is a significant economic center, hosting major industries including healthcare, with facilities such as White Plains Hospital, and financial services, supported by firms like Mastercard and New York Life Insurance Company. These industries drive demand for various commercial property types, from office spaces to retail and medical facilities. The Westchester County Office of Economic Development actively promotes regional growth, offering incentives and resources to businesses seeking to establish or expand in White Plains.

Strategic Location and Transportation Infrastructure

White Plains benefits from a strategic location with excellent transportation links, including:

Highways: Access to Interstate 287 and the Bronx River Parkway.
Rail: Served by the Metro-North Railroad, providing direct connections to New York City.
Airports: Close proximity to Westchester County Airport and LaGuardia Airport.
Public Transit: A robust public transit system, enhancing connectivity and access to a skilled labor pool.

These transportation assets provide logistical advantages for distribution and easy access to major markets. For more information, visit the New York State Department of Transportation.

Commercial Real Estate Inventory & Zoning

White Plains features several key CRE submarkets:

Central Business District (CBD): A mix of office and retail spaces.
Industrial Corridors: Areas like the Kensico Avenue corridor.
Retail Hubs: The Westchester Mall and Galleria White Plains.

The city offers incentives for development through zoning overlays and tax abatements. Developers can explore the City of White Plains Zoning Map for detailed information on zoning regulations.

Major Employers and Institutions

White Plains is home to several major employers and institutions:

Mastercard
New York Life Insurance Company
White Plains Hospital
Pace University

These entities support CRE demand through their need for office, medical, and educational facilities. More details can be found on the White Plains Economic Development website.

Notable Commercial Developments & Projects

Recent and upcoming developments in White Plains include:

The Broadstone White Plains: A mixed-use development with residential and retail components.
Hamilton Green: A transformative project featuring residential, retail, and open public spaces.

These projects highlight the city's focus on sustainable growth and urban revitalization. Visit the White Plains Planning Department for more information.

Building Permits, Planning, and Development Tools

For developers and investors, White Plains provides a range of resources:

Market Data & Economic Reports

Leverage public data sets to gain insights into White Plains' market dynamics:

Brevitas uses AI-powered aggregation from these public data sources and internal insights. Explore our Brevitas-powered dashboards for more detailed market analysis.