Racine, Wisconsin Commercial Real Estate 5 Listings
Racine, Wisconsin: A Premier Destination for Commercial Real Estate
Introduction
Racine, Wisconsin, is emerging as a dynamic hub for commercial real estate (CRE), offering a diverse economy and strategic location that appeals to investors and brokers alike. Positioned on the shores of Lake Michigan, Racine boasts a robust industrial base and growing service sectors. With a population of approximately 77,000, the city's unique positioning and access to major transportation networks make it an attractive destination for various CRE ventures.
Economic and Industry Overview
Racine's economy is anchored by major industries such as manufacturing, healthcare, and technology, driving demand across multiple commercial property types, including industrial, office, and retail spaces. The presence of significant manufacturers like SC Johnson and Twin Disc underscores the city's industrial roots. The Racine County Economic Development Corporation (RCEDC) actively promotes initiatives to bolster economic growth, further enhancing the city's CRE landscape.
Strategic Location and Transportation Infrastructure
Racine's strategic location provides easy access to major highways such as I-94, facilitating efficient distribution and logistics operations. The city is served by the nearby General Mitchell International Airport in Milwaukee and is in proximity to the Port of Milwaukee, enhancing its appeal for businesses reliant on transportation and trade. Racine's accessibility to a skilled labor pool is further augmented by its proximity to the Chicago metropolitan area.
Commercial Real Estate Inventory & Zoning
Racine's CRE landscape is characterized by distinct submarkets, including the Central Business District (CBD), industrial corridors, and burgeoning innovation districts. Key asset classes available include industrial warehouses, office spaces, retail centers, and commercial-grade multifamily properties. Recent zoning changes and incentives have been introduced to attract developers, particularly in the city's Opportunity Zones.
Major Employers and Institutions
Racine is home to several top employers and institutions that drive CRE demand. Notable entities include SC Johnson, Ascension All Saints Hospital, and the Racine Unified School District. The presence of Gateway Technical College and proximity to the University of Wisconsin-Parkside further contribute to the city's economic vitality.
Notable Commercial Developments & Projects
Racine is witnessing significant commercial developments, including mixed-use projects and innovation parks. The Machinery Row redevelopment and the Uptown Lofts are examples of transformative projects reshaping the city's landscape. Public-private partnerships and designated Opportunity Zones offer lucrative investment opportunities.
Building Permits, Planning, and Development Tools
For developers and investors interested in Racine's CRE market, the city provides comprehensive resources through its building and safety department, permitting portals, and planning commission. These tools facilitate seamless navigation through the development process.
- Racine Building and Safety Department
- Racine Permitting Portal
- Racine GIS Parcel Viewer
- Racine Development Code
Market Data & Economic Reports
Public data sets and reports provide valuable insights into Racine's CRE market. Resources such as the U.S. Census Bureau, the city's open data portal, and economic impact reports illuminate trends and opportunities. Brevitas leverages AI-powered aggregation to deliver comprehensive market insights and analytics.
Why Use Brevitas for Racine, Wisconsin CRE?
Brevitas is your gateway to Racine's CRE market, offering AI-driven discovery, real-time market alerts, and smart property pages. Our platform facilitates collaboration through dealroom features and provides tools for auto-generated listing pages, email campaigns, and seamless integration with brokers and developers. Explore exclusive listings and gain premium exposure with Brevitas.
Embark on your Racine CRE journey with Brevitas and experience the future of commercial real estate.
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