News

Jones Development Breaks Ground on 2.4MM SF Industrial Development in Whiteland, Indiana

Jones Development broke ground on Monday, July 15th on a ~ 168-acre Master Planned Logistics Park at Whiteland Road and Interstate 65 in Whiteland, Indiana. The business park is being developed to support the region’s growing industrial space occupiers, which range from ecommerce businesses to advanced manufacturing. Up to 2.4MM square-feet of industrial development is...

Jones Development Hires Cam Duff to Grow Firm’s Value Add Investments

KANSAS CITY – We are proud to announce the hiring of Cameron (Cam) Duff as Vice President-Investments, where he will steer business development efforts with a strategic focus on the firm’s value add investments. He brings more than 10 years of experience as a commercial real estate broker to his new position; most recently he...

Retailer Picks Southern Dallas County for New Distribution Hub

Retailer Picks Southern Dallas County for New Distribution Hub DALLAS BUSINESS JOURNAL Retail chain Ollie’s Bargain Outlet has signed a purchase deal for a build-to-suit distribution center in Lancaster. The 615,060-square-foot facility will be located within the Wintergreen Exchange development, a 71-acre, master-planned Class A industrial park. Ollie’s new center will be constructed at the...

Why did KC investors just buy up 73 percent of Prairie Village’s apartment stock?

Why did KC investors just buy up 73 percent of Prairie Village’s apartment stock? KANSAS CITY BUSINESS JOURNAL A joint venture involving leaders of Lane4 Property Group and Jones Development Co. have acquired 588 of the city’s 801 multifamily units. A broker described the five complexes they are located in as irreplaceable, in-fill properties near...

Autoneum cuts ribbon on new facility in Aiken

Aiken Standard – Aiken, SC Autoneum celebrated the completion of its new building in Aiken this week. On Wednesday, Aiken County leaders joined officials of the automotive manufacturing company to cut the ribbon on its new Powderhouse Road facility. The 315,000 square-foot building will allow Autoneum to better supply sound and heat solutions to car manufacturers BMW,...

JDC Sells New Facility in Aiken, SC

AIKEN – JDC announces the recent sale of a 315,560 square foot industrial building in Aiken, South Carolina. The facility was developed and leased to Autoneum North America, Inc. for 15 years, a manufacturer of auto solutions. Autoneum is a known leader in acoustic and thermal management solutions for vehicles. The company’s business reaches globally...

JDC Announces Sale in Fort Myers

FORT MYERS – Today, JDC announces the sale of the recently completed 213,672 square foot industrial building located at 14001 Jetport Loop in Fort Myers, FL. The property is net-leased for 10 years to FedEx Ground Packaging System, Inc., a Delaware corporation. The building is situated on approximately 22.49 acres. The built-to-suit was acquired by MREIC and the...

JDC Sells 338,584 SF Facility in New York

BUFFALO –  JR Fort Collins, L.L.C. announces the sale of the 338,584 square foot industrial building located at 3779 Lake Shore Road, Hamburg, NY. This built-to-suit distribution center and sorting faculty is leased for 15 years to FedEx Ground. The 49-acre property situated right off of Interstate 90 will serve as a vital outpost for FedEx as it handles...

JDC Sells Facility in Kansas City

KANSAS CITY – JDC Olathe, L.L.C. announces the sale of the 313,763 square foot industrial building located at 22525 West 167th Street in Olathe, KS on August 26, 2016. The property is net-leased for 15 years to FedEx Ground Packaging System, Inc., a Delaware corporation and was acquired by MREIC. The building is situated on a...