Binghamton , New York Commercial Real Estate Listings 101 - 120 of 123
Binghamton, New York: A Premier Destination for Commercial Real Estate
Introduction
Binghamton, New York, is an emerging hub for commercial real estate (CRE) investors and professionals. Known as the "Carousel Capital of the World," this city is strategically positioned in the Southern Tier of New York, providing unique opportunities for industries such as healthcare, education, and manufacturing. With its rich history in technology and innovation, Binghamton has become an attractive market for various CRE asset classes, driven by its diversified economy and strategic location.
Economic and Industry Overview
Binghamton's economy is anchored by major industries such as healthcare, education, and advanced manufacturing. The presence of Binghamton University, a leading research institution, contributes significantly to the demand for office and laboratory spaces. The city is also home to a growing number of technology startups, fostering demand for innovation districts and coworking spaces.
- Healthcare: Major healthcare facilities such as UHS and Lourdes Hospital drive demand for medical office buildings.
- Education and Research: Binghamton University and SUNY Broome Community College are pivotal in generating real estate demand for student housing and research facilities.
- Advanced Manufacturing: Companies like Lockheed Martin and IBM have historical ties to the region, supporting industrial and flex space needs.
For more information on regional economic initiatives, visit Southern Tier 8.
Strategic Location and Transportation Infrastructure
Binghamton boasts a strategic location with robust transportation infrastructure, enhancing its appeal for commercial real estate:
- Highways: Interstate 81, Interstate 86, and Route 17 provide seamless connectivity to major markets in the Northeast.
- Rail Lines: The Norfolk Southern Railway offers freight transportation services crucial for industrial operations.
- Airports: Greater Binghamton Airport (BGM) facilitates business travel and cargo transport.
These logistical advantages make Binghamton a key distribution hub with easy access to labor pools and proximity to border markets. For transportation details, check the New York State Department of Transportation.
Commercial Real Estate Inventory & Zoning
Binghamton's commercial real estate market is diverse, with several submarkets catering to different asset classes:
- Central Business District (CBD): Offers a mix of office, retail, and hospitality spaces.
- Industrial Corridors: Located primarily along major highways, supporting logistics and manufacturing.
- Innovation Districts: Emerging areas around Binghamton University focusing on tech startups and research facilities.
Recent zoning changes have introduced incentives for mixed-use developments, promoting sustainable growth. Access the city's zoning maps here.
Major Employers and Institutions
Binghamton is home to a variety of major employers and institutions that drive CRE demand:
- Binghamton University
- United Health Services (UHS)
- Lourdes Hospital
- Lockheed Martin
- IBM (historical presence)
These entities contribute to the demand for office, medical, and industrial spaces. For a full list of employers, visit the Broome County Industrial Development Agency.
Notable Commercial Developments & Projects
Several large-scale development projects are transforming Binghamton's landscape:
- Southern Tier High Technology Incubator: A collaboration with Binghamton University to foster tech startups.
- Opportunity Zones: Various areas in the city are designated as Opportunity Zones, offering tax incentives for investors.
For detailed planning information, refer to the City of Binghamton Planning Department.
Building Permits, Planning, and Development Tools
Access essential resources for CRE development in Binghamton:
- Building and Safety Department
- Permitting Portal
- Parcel Map Viewer / GIS
- Planning Commission
- Development Code
Market Data & Economic Reports
Leverage available data for informed CRE decisions:
Brevitas uses AI-powered aggregation from public data and internal insights. Explore Brevitas-powered dashboards for Binghamton here.
Why Use Brevitas for Binghamton, New York CRE?
Brevitas offers a cutting-edge platform for CRE professionals in Binghamton:
- AI-driven Discovery: Find properties that meet your exact criteria.
- Real-time Market Alerts: Stay updated on the latest listings.
- Smart Property Pages: Detailed and dynamic property presentations.
- Dealroom Collaboration: Efficiently manage transactions with stakeholders.
Unique features include:
- Auto-generated Listing Pages
- Email and Landing Page Tools
- Integration with Brokers and Developers
- Exclusive Listings and Premium Exposure
For the best in Binghamton CRE, partner with Brevitas.
1 King Ave
41 Court Street, Binghamton, NY, 13901
19 Mygatt St.
1986 Route 12
Crandall Hall Apartments
2 Crandall
16 Lisle Ave Complex
41 1/2 Fayette
41 1/2 Fayette St
41 1/2 Fayette St
16 Lisle Ave
