Airport Submarket Development Experience

Airport proximity plays a pivotal role in the development of industrial real estate due to several key factors.

Airports serve as major transportation hubs, facilitating the efficient movement of goods and materials, which is essential for businesses operating in industrial sectors such as manufacturing, logistics, and distribution. Being located near an airport reduces transportation costs and transit times, thus enhancing the overall competitiveness of businesses.

Proximity to airports provides convenient access to global markets, enabling businesses to easily import raw materials and export finished products. This accessibility to international trade routes can attract multinational corporations and foster economic growth within industrial zones.

Additionally, airports often act as catalysts for the development of supporting infrastructure and amenities in their vicinity, such as roadways, railways, and warehousing facilities. These infrastructure improvements further enhance the appeal of industrial real estate in the area, attracting investment and driving property values upward.

The importance of airport proximity in the development of industrial real estate cannot be overstated. It offers strategic advantages in terms of transportation efficiency, market access, infrastructure development, talent attraction, and industry clustering, making it a crucial factor for businesses seeking to establish or expand their presence in the industrial sector.

The following project summary showcases Becknell’s expertise in developing in these important markets.