Gresham, Oregon: A Premier Destination for Commercial Real Estate

Introduction

Gresham, Oregon, stands out as a vibrant hub for commercial real estate (CRE) opportunities. As one of the largest cities in the state with a diverse economy, Gresham offers a compelling mix of industrial, retail, and office spaces. Known for its strategic location within the Portland metropolitan area, Gresham provides an advantageous environment for various industries, including manufacturing, retail, and healthcare. Its unique positioning and access to key infrastructure make it a prime destination for CRE investors and professionals.

Economic and Industry Overview

Gresham's economy is characterized by a robust mix of industries that drive significant demand for commercial properties. Key sectors include:

• Manufacturing: A strong manufacturing base supports demand for industrial and flex spaces.
• Retail: A growing retail sector fuels the need for dynamic shopping centers and storefronts.
• Healthcare: The presence of major health services providers increases the demand for medical office spaces.

The Gresham Economic Development Department actively supports growth through initiatives aimed at enhancing the business climate and facilitating new developments.

Strategic Location and Transportation Infrastructure

Gresham benefits from a strategic location with access to important transportation infrastructure:

• Highways: Direct access to Interstate 84 enhances connectivity to the broader Portland region and beyond.
• Public Transit: The TriMet MAX light rail system connects Gresham to Portland, expanding the labor pool and customer base.
• Airports: Proximity to Portland International Airport supports logistics and business travel needs.

The Oregon Department of Transportation offers resources on transportation planning and infrastructure.

Commercial Real Estate Inventory & Zoning

Gresham's CRE market is segmented into several dynamic submarkets:

• Central Business District: Offers a mix of office and retail spaces.
• Industrial Corridors: Located along key transportation routes, supporting logistics and manufacturing.
• Innovation Districts: Emerging areas focused on tech and creative industries.

Recent zoning changes and incentives, such as the Enterprise Zone program, provide advantages for developers. Explore the City of Gresham Zoning Maps for more details.

Major Employers and Institutions

Gresham hosts a variety of major employers and institutions, including:

• Legacy Mount Hood Medical Center: A key driver of healthcare-related real estate.
• ON Semiconductor: Contributes to demand for industrial and office spaces.
• Gresham-Barlow School District: One of the largest employers in the area.

For a comprehensive business directory, visit the Gresham Area Chamber of Commerce.

Notable Commercial Developments & Projects

Significant developments in Gresham include:

• Rockwood Rising: A transformative mixed-use project focusing on community and economic development.
• Opportunity Zones: Several areas in Gresham are designated as Opportunity Zones, offering tax incentives for investors.

For planning and development resources, refer to the Gresham Planning Department.

Building Permits, Planning, and Development Tools

Access essential resources for building and development in Gresham:

• Building and Safety Department
• Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Utilize public data sets to gain insights into Gresham's CRE market:

• U.S. Census Bureau
• Gresham Open Data Portal
• Economic Impact Reports

Brevitas leverages AI-powered aggregation to provide real-time insights and dashboards. Explore our Brevitas city search for Gresham-specific data.

Why Use Brevitas for Gresham, Oregon CRE?

Brevitas offers a comprehensive suite of tools and services for CRE professionals:

• AI-Driven Discovery: Real-time market alerts and smart property pages.
• Dealroom Collaboration: Facilitate transactions with ease.
• Exclusive Listings: Premium exposure through auto-generated listing pages.
• Integration: Seamless connectivity with brokers and developers.

Choose Brevitas for a competitive edge in the Gresham, Oregon commercial real estate market.