Building 2 at the Jackson Square Business Park recently sold for $3,840,000 to Carr Drive LLC. The mixed-use flex building is located at 4300-4524 Carr Drive. The sale was facilitated by Sharon E. Schmidt, CCIM, and Jamie A. Scully, CCIM. Schmidt handled the negotiations for the seller. Cushman & Wakefield is a leading commercial real estate brokerage. Here are three reasons to buy or sell a building in the Jackson Business Park.
Speculative building in jackson business park
The Jackson-Shaw Group has announced plans for a new speculative building in the Northwest Business Park, which would add about 178,000 square feet of industrial space. The two buildings would be constructed on an empty five-acre site at N172 W21843 Northwest Passage. The proposed buildings will feature clear heights of 32 feet and 16 dock-high doors. There will be 109 parking spaces and 12 optional trailer drops.
The spec buildings are designed to attract new industries to the area. Logan Properties is constructing the building to attract new industries to the area, which are often slow to make expansion decisions in this economy. A move-in-ready spec building is the number one attraction for new industries, which are more likely to consider a community with this type of spec building. The town of Ossian is also willing to provide up to three years of interest reimbursement payments to help the companies pay for the building.
The first spec building is scheduled to be occupied in 2020. The second spec building is expected to be four times as large, with a total of 423,280 square feet. The building is located on the frontage road of Interstate 55 North and includes an adjacent pad for a further 100,000 square feet of space. All utilities are within the park, including a carbon dioxide pipeline. The building is situated within easy reach of the interstate, and it offers low cost of doing business.
In addition to offering affordable, existing buildings for new businesses in the area, the Mega Site offers speculative buildings for lease. The development will provide a competitive option to existing building projects, enabling companies to get to market quicker. The development of these new buildings will further boost the local economy. The investment will benefit the city by attracting new businesses and jobs to the area. And the construction process will be completed faster than it has in the past.
Expandable boundaries
Jackson currently has a 400-acre industrial park south of downtown Jackson. Five different industries operate within this park. Additionally, there is significant undeveloped acreage in the northwest of the City as part of the Northwest Industrial Development Concept. In addition, the City recently acquired 350 acres of undeveloped land southwest of the land sought in these proceedings. However, many developers are still concerned about whether these additional boundaries are adequate. It is worth noting that the proposed boundaries include a portion of this land.
BI and opponents of the expansion claim that Jackson does not have a long-term vision for the area. In fact, BI has said that the city lacks residential development in the area and that it is not growing at a rapid pace. As a result, Jackson will likely have to consider other possibilities for the future. This proposal would require a 4.3-mile stretch of corporate boundaries that are not bordered by neighboring municipalities.
In his analysis, the chancellor noted that Jackson is a statutory defendant under the Mississippi Code and has invested substantial resources in the annexation. Jackson also argues that the PIA/PAA falls within its path of growth. BI concurs, and notes that Jackson was awarded a portion of the area sought to annex. Further, the chancellor reduced the PIA to allow annexation to the area south of the city limits.
The annexation process is complex. BI’s plan to expand the area to include four square miles was rejected because it would have adverse effects on the unincorporated portions of Jackson. The trial court, on the other hand, found that the proposed expansion of Jackson’s boundaries was not a good fit for the surrounding neighborhoods. It is not clear what will happen to the entire parcel. But there is one important piece of information that should be known:
MAPS Air Museum
The MAPS Air Museum is run by the Military Aviation Preservation Society. It is located off SR241 on the west side of the Akron-Canton Regional Airport. Admission is free. The museum features aircraft from the early 20th century to the present. If you’re in the area, make sure to visit. It’s a great way to learn more about aviation and history. For more information, visit the museum’s website.
The MAPS Air Museum is currently under construction to expand its second floor and add more exhibit space. The museum will feature more than 160 individual military displays. A hangar will be added soon for the museum to accommodate a banquet hall, classroom and kitchen. The museum’s first floor is occupied by three aircraft, including a C-130J. A third floor will have exhibit space for military vehicles. During the COVID-19 outbreak, the museum moved to a larger building to house the aircraft.
Located at the airport, the MAPS Air Museum at Jackson Business Park is an internationally recognized aviation museum. The museum features educational displays, acquired artifacts, and a comprehensive aviation history library. It is open seven days a week and is free to the public. Listed on the National Register of Historic Places, the museum is free to visit and is open to the public. It is located off SR241 on the west side of Akron-Canton Regional Airport.
The MAPS Air Museum at jackson business park is a good place to start a day trip to Akron. There is also a beautiful view of the mountains. The area surrounding the airport is also home to the Akron-Canton airport. The museum features vintage and donated military aircraft, as well as restored fuselages. The museum also houses a 1908 glider. Lastly, if you have the opportunity, you can even operate a WWII aircraft gun, so you can be sure to take in some history while visiting the museum.
There are several planes outside the museum, and most of the cabins are open, too. If the weather is good, you can get up close and personal with some of these unique aircraft. The adjacent restoration area offers a great view of aircraft preparation. If you have a love for history, it’s worth a visit to the MAPS Air Museum at Jackson Business Park. There are also many other events held at the museum, so you’ll want to check out special events.
Cushman & Wakefield
The first phase of construction for Cushman & Wakefield Jackson Business Center is expected to be complete in December. The park is located in a prime northwest Houston submarket, with two major delivery hubs nearby. Aside from that, the park offers a variety of amenities, such as parking and on-site management. Cushman & Wakefield executives describe the neighborhood as a premier Houston submarket for tenant activity.
The Advantages of Leasing in Jackson Business Park
If you are in the market for a new office building in Jackson, Mississippi, you should consider the advantages of leasing in Jackson Business Park. The area is home to nearly sixty companies and comprises over 265 acres of industrial land. The tax rates in the area are among the lowest in the area. Additionally, Jackson has seen tremendous growth in recent years, and nearly 500 acres of residential land have been developed nearby. Near the Jackson Industrial Park, you will find Ashley Furniture and Cabela’s.
Trammell Crow
The Trammell Crow Company is expanding its industrial portfolio with a new development in metro Atlanta. The Atlanta-based commercial real estate developer has acquired a 287-acre site in Jackson County, GA for a logistics center. The development is intended to be built in two phases, with the first phase containing a single, 713,050-square-foot cross-dock facility. This is a key site for the logistics industry in the Atlanta area, and Trammell Crow is a major player in that market.
The 1.2 million square-foot Trammell Crow Center features a garden plaza and the Crow Collection of Asian art. The office space is adjacent to the Woodall Rodgers Deck Park and is home to several notable tenants. The center has been home to BB&T Bank, which has recently leased a full floor in the building to relocate their Texas corporate headquarters. The company will provide leasing services for the facility’s tenants.
The company has recently announced that it is beginning the construction of its third phase of 35 Eagle, which includes five Class A speculative industrial buildings totaling 2.1 million square feet. The company plans to begin construction on Phase III in January 2022. All told, the company plans to deliver 5.2 million square feet of industrial space in the Alliance area. The company’s first two phases included three buildings. The new buildings are designed by Alliance Architects Inc.
Cushman & Wakefield
Commercial real estate services firm Cushman & Wakefield recently sold Building 2 at Jackson Square Business Park. The 18,000-square-foot, mixed-use flex building was sold to Carr Drive LLC for $3,840,000. The transaction was handled by Sharon E. Schmidt and Jamie A. Scully. Combined, they have over 150 years of experience in the industry. In addition to selling office properties, Cushman & Wakefield handles a wide variety of commercial real estate services for a variety of clients.
Verturo Interests
Located in the heart of Pharr, TX, the Jackson & Warren Business Park is a new commercial development being developed by Verturo Interests, LLC. The park features flex space office buildings for lease and plenty of available lots for sale. This project will serve as a central hub for business expansion, providing businesses with a location that is close to downtown and Midtown. If you are interested in leasing a space at the Jackson & Warren Business Park, please check out the brochure.
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Thalhimer
A developer of office space in Virginia’s Jackson Business Park has sold Building 2 for $3,840,000 to Carr Drive LLC. The property is located at 4300-4524 Carr Drive. The property is a mixed-use flex building that contains 18,000 square feet of space. CCIMs Jamie A. Scully and Sharon E. Schmidt handled the sale negotiations on behalf of the seller. The developer has not yet lined up financing.
The rezoning proposal was recommended by the county planning commission. It is expected to be voted on by the board of supervisors next month. The developers enlisted Roth Jackson attorney Andy Condlin to help them with the proposal. The Willow Lawn Drive portion of the project would rise on the west side of Willow Lawn Drive on a 2.5-acre Crenshaw property. The development would include one and two-bedroom apartments with a parking deck.
MAPS Air Museum
If you’re interested in aviation and you live in the area, you may want to check out the MAPS Air Museum at Jackson Business Park. It’s operated by the Military Aviation Preservation Society, and it’s located off SR241 on the west side of the Akron-Canton Regional Airport. This museum contains vintage aircraft from all eras, including the World War II era. You can learn about military aircraft from the aviators who flew them.
One of the highlights of the museum is its OV-1 Mowhawk reconnaissance aircraft, which served as the personal transport aircraft for deceased Vietnam War veterans. The museum’s collection has grown from three aircraft to more than fifty-two. In 2015, the Ohio Military Museum moved into the museum, and the collection has increased from three to 52 aircraft. Since the opening of the museum, COVID-19 has affected air travel, but the museum is still open to the public.
A nonprofit organization, MAPS’ staff is entirely run by volunteers. Volunteers restore planes, give tours and work in the gift shop. Several of the volunteers are veterans. Bob Williams, Larry Karadin and Ken Alexander are among those who volunteer at MAPS. The museum is open daily from 9 a.m. to 4 p.m., with late hours on Wednesdays. It is closed on major holidays.
You can view the planes outside the museum. Most cabins are open when the weather is good, so you can get up close to the rare aircraft. You can also visit the restoration area adjacent to the main museum. This area gives you a unique look at how aircraft are prepared. This way, you can learn more about aviation and the world that we live in. For those who enjoy the aircraft, the museum is an excellent choice.
