Industrial Rates Respond to Interstate Factor - Spring 2000

In today’s tight labor market, companies are looking farther afield for workers, and I-75 means access to a regional labor pool. Demand for interstate proximity is driving up prices of business park land with easy access to I-75.  Consider that land prices in Tower Industrial Park at Fruitville Road and I-75 are heading toward $6 per sq. ft., while Northgate Center land off of U.S. 301 is being offered at $3 per sq. ft.