San Bernardino: A Premier Destination for Commercial Real Estate

Introduction

San Bernardino, located in the heart of California's Inland Empire, is a burgeoning hub for commercial real estate (CRE). With a population of over 217,000, the city boasts a diverse economy driven by key industries such as logistics, aerospace, and healthcare. Its strategic location and robust infrastructure make it a prime destination for CRE investments, offering a variety of opportunities across different asset classes.

Economic and Industry Overview

San Bernardino's economy is anchored by major industries like logistics, aerospace, and healthcare, which significantly influence the demand for various commercial property types:

• Logistics: The city's proximity to major transportation corridors makes it an ideal location for industrial and warehouse spaces.
• Aerospace: The presence of major aerospace companies contributes to the demand for office and research facilities.
• Healthcare: With several hospitals and medical centers, there is a growing need for medical office buildings.

Regional economic development initiatives, supported by organizations like the Inland Empire Economic Partnership, are actively fostering growth in these sectors.

Strategic Location and Transportation Infrastructure

San Bernardino's transportation infrastructure provides key logistical advantages:

• Highways: Situated along the I-10 and I-215, offering seamless connectivity to Los Angeles and beyond.
• Airports: Close proximity to the San Bernardino International Airport and Ontario International Airport facilitates air freight and passenger travel.
• Rail Lines: Access to major rail networks enhances freight distribution capabilities.

These factors, combined with a robust labor pool, position San Bernardino as an attractive location for distribution centers and manufacturing plants.

Commercial Real Estate Inventory & Zoning

San Bernardino's CRE landscape is characterized by diverse submarkets:

• Downtown/CBD: A mix of office, retail, and mixed-use developments.
• Industrial Corridors: Stretching along major highways, these areas are ideal for warehousing and logistics.
• Innovation Districts: Emerging hubs for tech and research-focused developments.

The city has implemented zoning incentives and overlays to encourage development, and its zoning maps can be accessed here.

Major Employers and Institutions

The city's CRE demand is bolstered by major employers and institutions:

• Top Employers: Amazon, Stater Bros. Markets, and the County of San Bernardino.
• Educational Institutions: California State University, San Bernardino (CSUSB) plays a vital role in workforce development.

For more detailed information, visit the San Bernardino Economic Development Agency.

Notable Commercial Developments & Projects

San Bernardino is witnessing several large-scale developments:

• Mixed-Use Projects: New urban developments that combine residential, office, and retail spaces.
• Opportunity Zones: Areas targeted for investment under federal tax incentive programs.

Public-private partnerships are fostering these projects, detailed further on the San Bernardino Planning Department site.

Building Permits, Planning, and Development Tools

For developers and investors, San Bernardino provides a suite of resources:

• Building and Safety Department
• Permitting Portal
• Parcel Map Viewer/GIS
• Planning Commission

Access the Development Code for regulatory guidelines.

Market Data & Economic Reports

San Bernardino's economic landscape can be further explored through:

• US Census Data
• City's Open Data Portal
• Economic impact reports available through the city's economic development agency.

Brevitas utilizes AI-powered aggregation from these public datasets, offering comprehensive market insights. Explore Brevitas-powered dashboards for San Bernardino here.

Why Use Brevitas for San Bernardino CRE?

Brevitas stands out in the CRE marketplace with:

• AI-driven discovery: Find properties that match your criteria in real-time.
• Market alerts: Stay informed with the latest market trends.
• Smart property pages and dealroom collaboration: Efficiently manage your deals.
• Exclusive listings: Gain access to premium exposure and unique opportunities.

Leverage Brevitas' tools like auto-generated listing pages, email and landing page tools, and integration with brokers and developers to enhance your CRE strategy in San Bernardino.