Aerospace Company Expansion

racksScenario

A leading global aerospace warehousing, distribution, and logistics services company evaluated a multi-state consolidation of warehouses. The unique requirements of this client included housing both short term and long term inventory and a skilled workforce that could understand the technical requirements of the positions.

The project profile included a cumulative investment of approximately $15 million in tenant improvements and personal property and the creation of 80 FTEs.

Outcome

Emphasis on understanding the need for aerospace freeport drove the negotiation for a 730-day freeport incentive from all four taxing jurisdictions. Rubin Advisors was also instrumental in securing a Chapter 380 grant and local personal property tax abatement for the client. Post-negotiation services included support in the realization of grant funds, property tax compliance filings, and assistance with freeport compliance filings.


Our Outcomes

> Aerospace Company Expansion