Hershey, Pennsylvania Commercial Real Estate 1 Listing

Hershey, Pennsylvania: A Premier Destination for Commercial Real Estate

Introduction

Hershey, Pennsylvania is a vibrant hub for commercial real estate (CRE), recognized for its strategic location and robust economy. Known as "The Sweetest Place on Earth," Hershey is more than just a tourist destination; it is a thriving business community. With a population of approximately 15,000, the city boasts a diverse economy driven by industries such as food production, healthcare, and tourism. Hershey's unique positioning and economic vitality create a fertile ground for various commercial real estate opportunities.

Economic and Industry Overview

Hershey's economy is anchored by the food and beverage industry, most notably The Hershey Company. This industry cluster fuels demand for industrial and office spaces. Healthcare is another major economic driver, with Penn State Health Milton S. Hershey Medical Center serving as a key institution. The presence of these industries creates a consistent need for retail, office, and medical real estate. The Dauphin County Economic Development Office supports regional growth initiatives that further enhance commercial real estate prospects.

Strategic Location and Transportation Infrastructure

Hershey's strategic location offers significant logistical advantages. The city is accessible via major highways, including Interstates 76 and 81, facilitating easy transportation of goods. Harrisburg International Airport, located just a short drive away, provides air connectivity, while the Norfolk Southern Railway enhances rail logistics. These transportation networks support Hershey's distribution capabilities and access to labor pools, making it an attractive location for industrial real estate. For more information, visit PennDOT.

Commercial Real Estate Inventory & Zoning

Hershey's commercial real estate landscape is diverse, featuring submarkets such as the Central Business District (CBD) and industrial corridors. Key asset classes include industrial, retail, and office spaces. Recent zoning changes have introduced incentives for mixed-use developments, encouraging innovative projects. Developers can explore the Derry Township zoning maps for detailed information on zoning regulations and parcel data.

Major Employers and Institutions

Hershey is home to several major employers, including The Hershey Company and Penn State Health Milton S. Hershey Medical Center. These institutions not only drive demand for commercial real estate but also foster economic stability. Other notable institutions include Hershey Entertainment & Resorts Company. For a comprehensive list of businesses, visit the Hershey Partnership Business Directory.

Notable Commercial Developments & Projects

Hershey is witnessing significant commercial developments, including the Hershey West End project, a mixed-use development that combines residential, retail, and office spaces. Opportunity Zones in the area provide additional incentives for investors. Detailed information on these projects can be found through the Derry Township Planning Commission.

Building Permits, Planning, and Development Tools

Developers can access Hershey's building permits and planning resources through the Derry Township Community Development Department. This portal provides links to permitting services, parcel maps, and the comprehensive development code, facilitating streamlined project initiation and management.

Market Data & Economic Reports

Public data sets from census.gov and Hershey's open data portal offer valuable insights into market trends and economic metrics. Leveraging AI-powered aggregation, Brevitas integrates these public datasets with proprietary insights to offer a comprehensive view of Hershey's CRE market. Explore our Brevitas-powered dashboards for detailed analytics and reports.

Why Use Brevitas for Hershey, Pennsylvania CRE?

Brevitas revolutionizes CRE discovery in Hershey with AI-driven tools and real-time market alerts. Our smart property pages and dealroom collaboration streamline the buying and selling process. Key features include: