North Kingstown, Rhode Island: A Premier Destination for Commercial Real Estate

Introduction

North Kingstown, Rhode Island, is a burgeoning hub for commercial real estate, offering a strategic location for businesses in diverse industries. With a population of approximately 26,000, North Kingstown is part of the Providence metropolitan area, providing access to a robust economic environment. The city boasts a dynamic economy with key industry clusters in defense, manufacturing, and logistics, making it a prime destination for various commercial property types.

Economic and Industry Overview

North Kingstown is home to major industries that significantly impact commercial real estate demand, including:

• Defense and Aerospace: Anchored by the Quonset Business Park, the city is a key player in the defense and aerospace sectors. This drives demand for industrial and office spaces.
• Manufacturing and Logistics: The presence of advanced manufacturing and logistics companies fosters a need for warehouse and distribution facilities.
• Marine Trade: Proximity to Narragansett Bay supports a strong marine trade industry.

The Rhode Island Commerce Corporation spearheads initiatives to enhance the local economy, offering incentives for businesses to expand in North Kingstown.

Strategic Location and Transportation Infrastructure

North Kingstown offers exceptional logistical advantages with its strategic location:

• Highways: Accessible via Route 4 and Interstate 95, facilitating efficient ground transportation.
• Ports: The Port of Davisville is one of the top auto importers in North America, providing significant shipping capabilities.
• Airports: Proximity to T.F. Green Airport in Warwick offers convenient air travel options.
• Rail Lines: Freight rail services are available, enhancing supply chain efficiency.

For more details, visit the Rhode Island Department of Transportation and Quonset Development Corporation.

Commercial Real Estate Inventory & Zoning

North Kingstown's commercial real estate landscape is diverse, with significant submarkets:

• Quonset Business Park: A hub for industrial and flex spaces.
• Innovation Districts: Emerging areas targeting tech and research facilities.
• Retail Corridors: Concentrated along major thoroughfares, supporting a variety of retail establishments.

The city offers zoning incentives and overlays to encourage development. Explore the North Kingstown Zoning Maps for detailed information.

Major Employers and Institutions

Key employers and institutions driving CRE demand in North Kingstown include:

• General Dynamics Electric Boat: A major defense contractor.
• Toray Plastics: Leading manufacturing company.
• University of Rhode Island: Nearby, contributing to research and innovation.

For a comprehensive list, visit the Rhode Island Economic Development Corporation.

Notable Commercial Developments & Projects

North Kingstown boasts several large-scale developments:

• Quonset Gateway: A mixed-use development integrating retail, office, and residential spaces.
• Opportunity Zones: Areas designated for economic revitalization, offering tax incentives.

For more information, check the North Kingstown Planning Department.

Building Permits, Planning, and Development Tools

Access essential resources for development in North Kingstown:

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

Market Data & Economic Reports

Leverage public data to make informed decisions:

• Census.gov
• Rhode Island Open Data Portal
• Economic impact reports available on the North Kingstown Town Website

Brevitas utilizes AI-powered aggregation for real-time insights. Explore Brevitas-powered dashboards for North Kingstown.

Why Use Brevitas for North Kingstown, Rhode Island CRE?

Brevitas offers unparalleled tools for commercial real estate professionals:

• AI-driven CRE Discovery: Streamlined search and discovery processes.
• Real-time Market Alerts: Stay updated with the latest market trends.
• Smart Property Pages: Comprehensive property information at your fingertips.
• Dealroom Collaboration: Seamless communication and collaboration.

Additional features include:

• Auto-generated Listing Pages: Enhance property visibility.
• Email and Landing Page Tools: Effective marketing resources.
• Integration with Brokers and Developers: Strengthen professional networks.
• Exclusive Listings and Premium Exposure: Gain a competitive edge.

Discover the advantages of using Brevitas for your North Kingstown commercial real estate needs.