Shippensburg, Pennsylvania Commercial Real Estate 2 Listings

Shippensburg, Pennsylvania: A Premier Destination for Commercial Real Estate

Introduction

Shippensburg, Pennsylvania offers a compelling landscape for commercial real estate (CRE) investment. Nestled in Cumberland and Franklin Counties, this borough hosts a vibrant economy supported by manufacturing, logistics, and education sectors. Shippensburg's strategic location near major transportation routes makes it a sought-after hub for industrial and distribution properties. The city’s commitment to economic growth and business-friendly policies further amplify its appeal for CRE professionals.

Economic and Industry Overview

Shippensburg's economy is primarily driven by the logistics and manufacturing industries, with significant contributions from education due to the presence of Shippensburg University. The robust logistics sector is a major driver for the local CRE market, particularly for industrial and warehouse spaces. Regional economic development initiatives, such as those led by the Cumberland Area Economic Development Corporation, focus on attracting and retaining businesses, further boosting demand for commercial properties.

Strategic Location and Transportation Infrastructure

Shippensburg benefits from its strategic location along the I-81 corridor, a major north-south highway that facilitates efficient distribution and transportation. Proximity to the Pennsylvania Turnpike (I-76) further enhances connectivity to major markets. The Pennsylvania Department of Transportation provides insights into the state's extensive transportation network, which positions Shippensburg as an ideal location for logistics and distribution centers. Additionally, the area is serviced by rail lines that connect to broader national networks, providing critical advantages for industries reliant on freight transport.

Commercial Real Estate Inventory & Zoning

Shippensburg's commercial real estate landscape is diverse, featuring key submarkets such as the central business district (CBD) and industrial corridors. The presence of Shippensburg University also creates opportunities for mixed-use developments and retail spaces catering to the academic community. Notable zoning updates and development incentives can be explored through the Shippensburg Borough Zoning Map and the Cumberland County Planning Department. These resources provide vital information for developers and investors seeking to capitalize on emerging CRE opportunities.

Major Employers and Institutions

Shippensburg is home to top employers like Volvo Construction Equipment and Shippensburg University, both of which significantly influence the commercial real estate market. These institutions drive demand for office spaces, research centers, and ancillary retail developments. The Shippensburg Area Chamber of Commerce offers a comprehensive directory of local businesses, providing insights into potential partnerships and CRE demands.

Notable Commercial Developments & Projects

Recent developments in Shippensburg include large-scale mixed-use projects and industrial parks that leverage the borough's strategic location. Public-private partnerships and designated Opportunity Zones further enhance the investment landscape. Information on ongoing and planned projects can be accessed through the Franklin County Planning Office.

Building Permits, Planning, and Development Tools

For developers and investors, accessing the right planning and permitting resources is crucial. Shippensburg offers a range of tools through its Building and Safety Department, including online permitting portals and GIS mapping services. Additional resources, such as the Cumberland County Planning Commission, provide detailed development codes and parcel viewers.

Market Data & Economic Reports

Explore a wealth of public data sets, including those from census.gov and Shippensburg’s open data portal, to gain valuable insights into market trends and economic impacts. Brevitas utilizes AI-powered aggregation to provide comprehensive market data and reports, offering users the ability to access real-time insights and analytics.

Why Use Brevitas for Shippensburg, Pennsylvania CRE?

Brevitas stands out as the premier platform for discovering commercial real estate opportunities in Shippensburg. With AI-driven discovery tools, real-time market alerts, and smart property pages, Brevitas offers unparalleled features such as: