Scarborough Commercial Real Estate 0 Listings

Scarborough: A Premier Destination for Commercial Real Estate

Introduction

Scarborough presents a compelling opportunity for commercial real estate investors. As a vibrant city known for its robust economy and strategic location, Scarborough offers a dynamic landscape for various commercial property types. With a strong presence in industries like logistics, healthcare, and technology, the city is poised for growth, making it a prime target for CRE investment.

Economic and Industry Overview

Scarborough's economy is anchored by several key industries:

Logistics and Distribution: The city's proximity to major transport routes and ports has fostered a thriving logistics sector, driving demand for industrial and warehouse spaces.
Healthcare and Biotechnology: Home to numerous research centers and healthcare facilities, Scarborough's demand for medical office buildings and research labs is on the rise.
Technology and Innovation: The presence of tech campuses and innovation districts fuels the need for flexible office spaces and coworking environments.

Key regional initiatives such as the Scarborough Economic Development Corporation support these industries, driving further CRE demand.

Strategic Location and Transportation Infrastructure

Scarborough benefits from a strategic location with excellent transport infrastructure:

Highways: Major highways such as the I-95 connect Scarborough to neighboring cities and states, facilitating efficient goods movement.
Airports: The Portland International Jetport provides national and international flight connections, enhancing accessibility.
Rail Lines: Robust rail networks support freight movement, critical for industrial property demand.

These logistical advantages make Scarborough an ideal hub for distribution and access to diverse labor pools.

Commercial Real Estate Inventory & Zoning

Scarborough's CRE landscape is diverse and well-structured:

Central Business District (CBD): Hosts a mix of office and retail spaces catering to corporate and service sectors.
Industrial Corridors: Strategically located for logistics and manufacturing firms.
Innovation Districts: Focused on tech and research, offering flexible spaces for startups and established firms.

Recent zoning changes and incentives, such as the City Zoning Maps, provide opportunities for developers to capitalize on emerging trends.

Major Employers and Institutions

Scarborough is home to several major employers and institutions:

Top Employers: Includes corporate headquarters and major logistics companies.
Educational Institutions: Proximity to universities and research centers boosts demand for student housing and research facilities.

Access further details via the City Business Directory.

Notable Commercial Developments & Projects

Significant developments in Scarborough include:

Mixed-Use Developments: Projects integrating retail, office, and residential spaces.
Public-Private Partnerships: Initiatives that leverage city and private investment for community growth.

Explore these projects through the Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, the following resources are invaluable:

Market Data & Economic Reports

Scarborough's market data can be explored through:

Census.gov
City’s open data portal
Economic impact reports

Brevitas leverages AI-powered aggregation from these public data sources and internal insights. Explore Brevitas-powered dashboards for Scarborough here.