Shenandoah Valley Makes Top 10 List of Industrial Market to Watch in 2019
Thursday, February 14, 2019
The Valley Logistics Chapter of the Virginia Maritime Association is proud to share that the Shenandoah Valley/I-81 Corridor has been named a Top Emerging US Industrial Markets for 2019.
The report, released by Colliers International, a Silver Anchor Member of the Virginia Maritime Association, announced 10 national industrial markets to watch in 2019, and in Virginia it’s the Shenandoah Valley Region.
“We are pleased to see the Shenandoah Valley rising on the national map as a convenient and affordable location for companies to manufacture and distribute. It proves Virginia’s drive and ability to conveniently link the global supply through our world-class port to so much of the American consumer market. It is a selling point that many are now recognizing!”, said Devon Anders, President Interchange Group and Chair of the Valley Logistics Chapter.
According to the report, Shenandoah Valley is a cost-effective alternative to other markets with nearby access to ports, rail lines and labor markets. The Valley offers land ready for development and is located near population centers such as Washington, D.C., Baltimore and the Ohio Valley.
“2019 will be another year of growth for this region, which anchors the northern end of an industrial crescent that stretches through greater Richmond and the I95 markets to Hampton Roads and the Port of Virginia. “stated John Lesinski, Executive Vice President, Norther Virginia, Colliers International.
“The Virginia Maritime Association values the Shenandoah Valley Region and recognizes its impact on the economy, and its connection to our ports," says Ashley Mcleod, Vice President, Virginia Maritime Association. "It's why the Valley Logistics Chapter was a top priority, allowing us to provide a local voice for the region.”
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