When The Hollingsworth Companies built the SouthPoint Business Park Huntsville, Alabama in 1999, little did they know that BOCAR would locate across the street; and, this would be the closest industrial park to a future Toyota Mazda plant. In November 2017, BOCAR announced a new plant on Bibb Garrett Road. In January, Toyota Mazda announced
7,000 every year…remember that number! If you are one of the many companies looking to expand or relocate and you cannot align all of the industry factor stars, most importantly the labor pool star, then Fayetteville could be your Universe. Why does Fayetteville currently have the highest “Metro” unemployment rate in North Carolina (of 5.1%), with
After almost 10 years of a down market, there looks to be a light at the end of the industrial real estate tunnel. Since the beginning of the year, the market is once again picking up momentum. To meet this demand, The Hollingsworth Companies are adding 4 Complete Speculative Buildings
The Hollingsworth Companies has started the Phase III expansion to the SouthPoint Business Park in Mocksville, North Carolina. With this expansion, the SouthPoint Business Park will become one of the largest semi-rural industrial parks in the state. The Hollingsworth Companies have seen the central location, support from state and local economic development agencies, and favorable business
With the increased optimism of the U.S. economy over the last 90 days and threat of inbound customs tariffs, the inventory of Available Industrial buildings has continued to decrease. This reduction in inventory will result in a corresponding expansion of Build to Suit (BTS) industrial facilities to support the growing market. The Hollingsworth Companies
A TIF program uses increased, future real estate tax revenues to fund new improvements designed to attract additional industrial investment and job creation. The recession of 2008 paired with increased energy code requirements (IECC Regulations) and tightening environmental regulations created a perfect storm hitting industrial development. Typically, industrial developers build
HDT, a current tenant at the SouthPoint Park in Alabama, has signed a lease for the 206,500 SF facility at 5951 Endeavor Way. HDT Expeditionary Systems will create more than 120 jobs when it transfers manufacturing operations from Buena Vista, Va., to the facility in Huntsville-annexed Limestone County. HDT, which
Earlier this year, British tire manufacturer Dunlop Aircraft Tyres was on a tight timetable for identifying the site of its first U.S. retreading facility. The facility would need to serve major customers such as Compass Airlines and Republic Airlines as well military clients. Dunlop needed to start operations in
These informative articles collectively provide a significant amount of information about development opportunities in the Southeastern United States – as well as unbiased reports on The Hollingsworth Companies’ approach. If you would like to have the complete set of articles in hardcopy rather than downloading them on-line, please contact us
Local entrepreneur Joe Hollingsworth has accomplished a lot in his varied and impressive career, but his adventuristic nature expands beyond taking risks with start-ups, stocks and investments. Between hang gliding in Rio de Janeiro, racing Formula 1™ cars and deep sea fishing off the Great Barrier Reef, it’s amazing he
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