Des Moines, Washington Commercial Real Estate 0 Listings

Des Moines, Washington: A Premier Destination for Commercial Real Estate

Introduction

Des Moines, Washington, offers a unique appeal for commercial real estate (CRE) investors and professionals. As a city with a vibrant economy supported by its strategic location in the Seattle metropolitan area, Des Moines is ripe with opportunities across various CRE asset classes. Known for its burgeoning logistics and aerospace industries, the city is an attractive destination for businesses seeking proximity to major transportation hubs and a dynamic marketplace.

Economic and Industry Overview

Des Moines boasts a diverse economy with key industries including aerospace, logistics, and retail. The presence of industry giants such as Boeing in the nearby areas solidifies the region's reputation as a hub for aerospace innovation, driving demand for industrial and office spaces. The city's logistics sector benefits from its strategic location, offering unparalleled access to major transportation routes ideal for distribution and retail operations.

The Economic Development Council of Seattle & King County actively promotes initiatives to attract new businesses and support existing ones, further enhancing the city's economic landscape.

Strategic Location and Transportation Infrastructure

Des Moines is strategically positioned with access to significant transportation infrastructure, including:

Highways: Interstate 5, which runs north-south, providing direct access to Seattle and Tacoma.
Ports: Proximity to the Port of Seattle enhances logistical capabilities for businesses involved in import/export operations.
Airports: Seattle-Tacoma International Airport (Sea-Tac) is just a short drive away, facilitating air travel and cargo transport.
Rail Lines: Access to freight rail services supports industrial and distribution sectors.

These logistical advantages make Des Moines an attractive location for businesses requiring efficient supply chain solutions. More information on transportation infrastructure can be found on the Washington State Department of Transportation website.

Commercial Real Estate Inventory & Zoning

Des Moines features several distinct CRE submarkets:

Central Business District (CBD): A hub for office and retail properties.
Industrial Corridors: Areas designated for manufacturing, warehousing, and distribution.
Innovation Districts: Zones promoting tech and research-driven developments.

Recent zoning changes and incentives aim to attract developers interested in mixed-use projects and innovation parks. The city's zoning map and parcel viewer can be accessed through the City of Des Moines Planning Department.

Major Employers and Institutions

Key employers in the area include Boeing, Highline College, and the Des Moines Marina. These institutions not only drive demand for commercial real estate but also contribute to the city's vibrant economic ecosystem. Additional information on major employers can be found in the Des Moines Business Directory.

Notable Commercial Developments & Projects

Des Moines is home to several noteworthy developments:

Mixed-Use Projects: Integrating retail, office, and residential spaces to create vibrant communities.
Opportunity Zones: Areas designated for economic revitalization through tax incentives for investors.

Details on public-private partnerships and development projects can be found on the City of Des Moines Planning Department.

Building Permits, Planning, and Development Tools

For those interested in development opportunities, the following resources are invaluable:

Market Data & Economic Reports

Des Moines provides access to a wealth of public data, including:

Brevitas aggregates public data and internal insights to offer AI-powered dashboards for market analysis. Explore more with Brevitas' Des Moines City Search.