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In the News

September 25, 2018

What Property Owners Outside CBDs Can Do To Attract Expanding Industries

“Start-ups and rapidly growing, early stage companies, especially those in exploding new industries like robotics and artificial intelligence, are typically attracted to space that’s centrally located within a city or is near its universities. Nevertheless, city center space is finite and often expensive. While this poses a challenge for young companies that need space that fits both their needs and budget, it presents an opportunity for owners and developers with properties outside central business districts (CBDs).”

National Real Estate Investor viewpoint article by RIDC President Donald Smith can be read in full here.