Westford, Vermont: A Premier Destination for Commercial Real Estate

Introduction

Westford, Vermont, offers a unique appeal for commercial real estate (CRE) professionals. This small, yet strategically located town, is known for its robust local economy and proximity to larger economic hubs like Burlington. With a diverse economic landscape that includes growing sectors such as technology and agriculture, Westford is well-positioned to support various types of commercial property development, from industrial to office spaces.

Economic and Industry Overview

Westford's economy is supported by a combination of technology startups, agriculture, and small manufacturing industries. This mix drives demand for different types of commercial properties:

• Office Spaces: The tech sector's growth necessitates modern office spaces.
• Industrial Properties: Small manufacturing and production facilities are increasingly needed.
• Retail Locations: Local retail businesses thrive due to the town's steady population growth.

The town benefits from regional economic development initiatives, such as those led by the Chittenden County Regional Planning Commission. These initiatives aim to foster sustainable growth and attract more businesses to the area.

Strategic Location and Transportation Infrastructure

Westford is strategically located near key transportation routes:

• Highways: The town is accessible via Vermont Route 128, connecting it to major highways like Interstate 89.
• Airports: Nearby Burlington International Airport provides both cargo and passenger services, facilitating business travel and logistics.
• Rail Lines: Proximity to regional rail lines supports freight movement, enhancing Westford's appeal for distribution-centric businesses.

These logistical advantages make Westford an attractive destination for companies looking to optimize distribution and access extensive labor pools. For more information, visit the Vermont Agency of Transportation.

Commercial Real Estate Inventory & Zoning

Westford's commercial real estate market is characterized by:

• Submarkets: Key areas include the town center (CBD) and industrial corridors.
• Asset Classes: The market includes industrial, retail, and office spaces, with potential for commercial-grade multifamily developments.
• Zoning: Recent zoning changes encourage mixed-use developments and offer incentives for sustainable building practices.

For detailed zoning information, visit the Westford Zoning Maps.

Major Employers and Institutions

Westford hosts several key employers and institutions that drive CRE demand:

• Tech Startups: Emerging tech companies contribute to the need for office spaces.
• Agricultural Businesses: Local farms and agricultural enterprises require industrial properties.
• Educational Facilities: Proximity to educational institutions like the University of Vermont enhances the demand for student and faculty-related housing.

For more information, see the Westford Business Directory.

Notable Commercial Developments & Projects

Significant projects in Westford include:

• Mixed-Use Developments: Recent initiatives aim to combine residential, retail, and office spaces.
• Public-Private Partnerships: These projects leverage community resources for large-scale developments.

More details can be found at the Westford Planning Department.

Building Permits, Planning, and Development Tools

Access essential resources for developers:

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

Market Data & Economic Reports

Westford's economic landscape is well-documented through public datasets:

• Census Data
• City’s Open Data Portal
• Economic Impact Reports

Explore Brevitas-powered dashboards for in-depth analysis of Westford's CRE market.

Why Use Brevitas for Westford, Vermont CRE?

Brevitas offers a comprehensive suite of tools for CRE professionals:

• AI-Driven CRE Discovery: Utilize technology for smarter property searches.
• Real-Time Market Alerts: Stay updated with the latest market trends.
• Smart Property Pages: Access detailed property listings.
• Dealroom Collaboration: Facilitate seamless communication between stakeholders.

Unique features include auto-generated listing pages, and integration with brokers and developers. Gain exclusive listings and premium exposure on Brevitas.

For more information, visit Brevitas.