Maryland Grows Site Selection Database to More Than 3,100 Properties
BALTIMORE, MD (September 28, 2023) — The Maryland Department of Commerce has partnered with REsimplifi to expand the state’s site selection portal from 450 active properties to more than 3,100 properties—a nearly seven-fold increase. Hosted through ZoomProspector, the updated platform is a critical tool in providing commercial real estate property data for site selectors and economic development professionals who are interested in doing business in Maryland.
“This significantly larger database will play a major role in helping Maryland companies relocate to better-suited sites, as well as out-of-state businesses that are interested in making the move to our great state,” said Maryland Commerce Secretary Kevin Anderson. “We believe this investment will keep site selectors looking at Maryland for potential economic development projects and continue growing the state’s competitiveness in the years to come.”
One of the benefits to this expanded database is the increased number of sites targeted toward small businesses. With more than 2,000 new sites imported into the platform, there are a variety of new specifications that can be used as search filters—including properties under 20,000 square-feet and buildings suited for retail. In addition to these new specs, the platform also allows users to explore communities by economic data including labor force availability, occupational wages, demographics, educational attainment, and more.
Providing additional specs and potential sites will improve the efficiency with which businesses find their new locations and help make Maryland more attractive to out-of-state companies. When equipped with an ideal location, a company can easily remain competitive and focus on its long-term success, including plans for future expansions in the state. Additionally, knowing an area’s workforce demographics and talent pipeline can help a company target specific markets to benefit its facility. Overall, a proper site selection helps grow and retain business in Maryland, ultimately boosting the state’s economy and creating more jobs for the community.
“REsimplifi is thrilled to collaborate with Maryland Commerce, aiming to deliver accurate and comprehensive building and site information across the entire state,” said Henry Moore, CEO of REsimplifi. “This strategic approach ensures that Maryland empowers both new and existing businesses with extensive site and building data so that they can make the most informed decisions possible.”
Maryland’s site selection database also benefits county economic development offices around the state. Talbot County, for example, recently partnered with REsimplifi to improve its own property listings. As more counties continue to invest in site selection tools, the amount of property listings on Maryland Commerce’s platform is expected to grow.
The expanded database, which includes locations in each of Maryland’s 24 jurisdictions, is available via business.maryland.gov.
About Maryland Commerce
The Maryland Department of Commerce stimulates private investment and creates jobs by attracting new businesses, encouraging the expansion and retention of existing companies, and providing financial assistance to Maryland companies. The Department promotes the State’s many economic advantages and markets local products and services at home and abroad to spur economic development and international investment, trade and tourism. Because they are major economic generators, the Department also supports the arts, film production, sports and other special events. For more information, visit commerce.maryland.gov.