Lansing, New York Commercial Real Estate 1 Listing

Lansing, New York: A Premier Destination for Commercial Real Estate

Introduction

Lansing, New York, presents a dynamic landscape for commercial real estate (CRE) investment, characterized by its robust economy and strategic location. Situated in Tompkins County, Lansing benefits from its proximity to Ithaca and the thriving academic and research environment fostered by Cornell University and Ithaca College. The city's economy is diversified, with significant industry clusters in education, research, and technology, making it an attractive hub for various CRE asset classes.

Economic and Industry Overview

Lansing's economy is bolstered by its proximity to major educational and research institutions, which drive demand for both office and research facility space. Key industries include:

Education and Research: Anchored by Cornell University and Ithaca College, these institutions attract academic professionals and research activities, necessitating office and lab spaces.
Technology: The presence of tech startups and innovation centers fuels demand for tech campuses and flex spaces.
Healthcare: With nearby medical facilities, there is a growing demand for medical office buildings and healthcare-related properties.

For more information on regional economic development initiatives, visit the Tompkins County Area Development.

Strategic Location and Transportation Infrastructure

Lansing offers strategic logistical advantages with its well-developed transportation network, including:

Highways: Easy access to major highways such as NY State Route 34 and Route 34B facilitates efficient distribution and connectivity.
Airports: Proximity to Ithaca Tompkins International Airport provides convenient air travel options for business professionals.
Rail Lines: The city benefits from nearby rail services that enhance freight movement.

For detailed information on transportation infrastructure, visit the New York State Department of Transportation.

Commercial Real Estate Inventory & Zoning

Lansing's CRE market is diverse, with several submarkets catering to different asset classes:

Office and Innovation Districts: Areas near Cornell University offer opportunities for office spaces and innovation hubs.
Industrial Corridors: Zoned areas on the outskirts facilitate industrial and manufacturing developments.
Retail: Retail spaces are concentrated in strategic locations with high foot traffic.

For zoning maps and parcel viewers, refer to the Town of Lansing Zoning Maps.

Major Employers and Institutions

Key employers and institutions that influence Lansing's CRE market include:

Cornell University: A major driver of office and research space demand.
Cayuga Medical Center: Increases demand for healthcare and medical office properties.

For a comprehensive list of major employers, visit the Tompkins County Chamber of Commerce.

Notable Commercial Developments & Projects

Lansing is witnessing several significant developments:

Mixed-Use Developments: Projects that combine residential, retail, and office spaces are gaining traction.
Public-Private Partnerships: Initiatives to develop innovation parks and enhance infrastructure.

Explore ongoing developments on the Town of Lansing Planning Department page.

Building Permits, Planning, and Development Tools

For developers and investors, Lansing provides comprehensive resources:

Market Data & Economic Reports

Access valuable public data sets through:

Brevitas leverages AI-powered aggregation from these public data sources to provide comprehensive market insights. Explore Brevitas-powered dashboards for Lansing CRE.