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The deals involve more than 600,000 square feet of existing space and 850,000 square feet of new construction, including a 600,000-square-foot distribution facility for retailer The Container Store.
The international firm is moves its distribution facility to Tejon Ranch Commerce Center, thanks to availability of quality space and an attractive tax incentive program.
It is no wonder that Portland is attracting better-educated talent and is unique in its ability to bring in young, skilled households, ranking above higher-paying metros with a major research university.
Atlanta's low cost of living vs. the Northeast and the Midwest and a business-friendly government and regulatory environment are driving economic growth, says Transwestern's Bruce Ford.
Incentive packages can really make a difference to a smaller company's profit and loss statement… There is no question that incentives play a role in site selection, even in small-town America.
The Boring Co. wants to build a privately funded high-speed tunnel from East L.A. to Dodger Stadium, and, if successful, could be a blueprint for future private-public projects.
With a FedEx Ground hub onsite and near a UPS ground hub, Wonderful Industrial Park's location has access to 14% of the US population within 300 miles and same-day delivery to 30 million Californians.
The state's population growth and geographic advantages of being in the center of the Sunbelt and sharing a border with Mexico make it an obvious location for distribution networks and investor interest as a result.