The News: Farm and home retailer Rural King will invest $40 million to establish a 500,000-square-foot distribution center in Henry County, Virginia, creating 150 new jobs. The company will redevelop the former VF Corp. warehouse at Patriot Centre Industrial Park, expanding its regional logistics network while bringing a major industrial facility back into productive use.
SITEBOXX Take: This project demonstrates the continued value of existing industrial inventory in today’s site selection market. Modern distribution and manufacturing users are increasingly targeting well-located buildings with established infrastructure, transportation access, and available workforce rather than waiting for new construction. Communities with quality vacant industrial assets remain well positioned to compete for future investment.
Source: Read the full article at Virginia Business.
