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- ▼ June (10)
- ► 2007 (204)
Oakmont Industrial Group is working to meet demand for warehousing in the Jacksonville area, which expects increase Asian shipping to a port and market that has relatively low vacancy rates for warehousing and storage.
Oakmont Industrial Group paid more than $10 million for the New Berlin Commerce Park in April. It plans to break ground in September on NorthPoint Logistics Center, which will include more than 200 dock-high doors and four drive-in doors with ramps.
The distribution center will be 2.5 miles from the future Mitsui O.S.K. Lines Ltd. container terminal and 3.5 miles from the Blount Island Marine Terminal. The arrival of Mitsui to the Jacksonville market and the planned addition of another Asian shipper, Hanjin Shipping Co. Ltd., made Jacksonville an attractive market for Oakmont to enter.
Construction at regional ports around the South East has been booming for yeas and despite the real estate correction and possible oncoming recession shows no sign of letting up as Asian manufactures ship and deliver everything from tooth paste to weight benches to meet American demand.