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City Confirms Wayfair Distribution Center is Coming to Jacksonville

December 05, 2018

Jacksonville is known as a logistics hub which attracts some of the top companies in the world to open large warehouse and distribution centers.  In recent years we’ve seen Amazon build 2 distribution facilities which totaled 2,700 jobs (the 1st distribution facility brought 1,500 jobs and this was the single largest announcement of jobs in Jacksonville’s history.) JaxUSA President Aundra Wallace said it best, “Companies can get to 60 million people within an 8 hour drive and our interstate access, robust rail system and exceptional port make our city very attractive.”

This week, another major retailer has decided to make a home in Jacksonville.  Online furniture retailer, Wayfair, will open a 1 million-square-foot warehouse and distribution facility that will employ 250 workers at an average annual wage of $33,000 by the end of 2021.  The distribution facility will be located just a few miles from one of JWB’s four main neighborhoods for cash flow so this will continue to drive our local economy and provide the types of jobs that make our passive income rental property investments flourish.

Click here to read the entire article –  https://www.bizjournals.com/ jacksonville/news/2018/12/03/ city-confirms-wayfair- distribution-centeris-coming. html

By Gregg Cohen

I am a co-founder at JWB Real Estate Capital, and I love to talk about investing in rental properties! You’ll often find me here contributing to our blog and in our Facebook group connecting with the community & sharing insights.

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