How it works?
Browse the best space deals in the entire market on your own time.
Level the playing field. In an ever changing market, you need an expert on your side.
Your local advisor will conduct a comprehensive survey and schedule tours.
Have peace of mind knowing that your advisor will get you the best possible deal.
Long Island's commercial real estate market is characterized by a diverse mix of office, retail, and industrial spaces, driven by its proximity to New York City and a robust local economy. TenantBase data reveals that storefront spaces lead the market, comprising approximately 48.0% of tenant searches, followed by office spaces at 26.5%, and warehouse spaces at 25.9%. This distribution highlights Long Island's strong retail presence alongside a stable demand for office and warehouse facilities.
Economic growth in Long Island is primarily fueled by the healthcare, technology, and retail sectors. The region's connectivity to NYC, along with significant suburban commercial zones, makes it a desirable location for businesses seeking accessibility and community engagement. As Long Island continues to adapt to economic changes, commercial real estate dynamics reflect a balance between local businesses and those leveraging the area’s strategic location for regional distribution.
Long Island commercial real estate remains robust, with a strong presence of retail and office spaces driven by the area’s economic and demographic characteristics. Industrial spaces continue to be crucial for logistics and distribution, while coworking has yet to establish a strong foothold. As the market evolves, businesses will likely continue to seek stable and accessible locations to leverage Long Island’s strategic advantages and local consumer base.
TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.
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