UNSPSC 95101601: Business park

A defined piece of land used to house a business park

UNSPSC 95101601 Business park is a Commodity code that describes the lease, purchase, or development of business park real estate—land and facilities designed to host multiple commercial tenants in a single managed property. State and local governments solicit under this code primarily when acquiring or leasing space for agency operations, regional economic development initiatives, or enterprise-zone properties that serve business incubation and tenant recruitment. The issuing bodies span state economic development agencies, county and municipal economic development authorities, and regional development districts seeking to establish or expand business parks as infrastructure for job creation and tax-base growth. The scope includes both the real estate transaction itself (acquisition, lease negotiation, site preparation) and the ancillary services needed to operate or market the property.

The source provided contains no recent state and local contract opportunities tagged to this code, so current market activity cannot be characterized by geography, issuing-body frequency, or representative recent solicitations.