JLL Finds Perfect Warehouse Location, Leading to $15M Grant for Startup
Challenge: An innovative clean energy startup needed a manufacturing site that could accommodate its growth and allow it to scale production as demand for its groundbreaking product takes off.
Solution: Using proprietary technologies including MapIt and Blackbird, the JLL team identified and analyzed key demographics to find sites that would meet the urgency of production. After evaluating 15 different U.S. markets and comparing them across 40 different variables, JLL found a location that could accelerate growth and also offered the outdoor lifestyle which is an important part of the company culture.
Results: The new site will allow the startup to increase manufacturing capacity by ten times and has paved the way for global expansion after securing $15 million in economic incentives that position it for its next phase of growth.
About the Solution Provider: JLL helps industrial tenants identify the right market and find the best space for your business. Make informed location decisions based on your product, flow of goods, labor and distribution needs.
Email: concierge@am.jll.com