GARNER BUSINESS RECRUITMENT
LIFE SCIENCE LEADS THE WAY
Project activity was down from the previous year . However , the total value of projects was greater than the previous year . This reduction in the project activity may be attributed to the uncertainty around the pandemic , specifically in manufacturing and office projects . However , the number of life science projects increased substantially over previous years . Nearly 25 % of requests for proposals came from life science companies . This too , maybe attributed to the pandemic and is one of the factors for the increase in potential project investment .
2020-2021 DEVELOPMENT HIGHLIGHTS
BEACON COMMERCE PARK
Beacon Properties and HM Partners were approved to develop the Beacon Commerce Park on Jones Sausage Road across from Amazon . This new industrial park will add at buildout over 670,000 square feet of new industrial space to the Garner market . The first buildings are estimated to be completed in Q1-Q2 of 2022 .
AMAZON DELIVERY STATION
A new 165,000 square foot Amazon Delivery Station was constructed in Greenfield North Park , fully building out the business park . The new delivery station is one of three in the Triangle . This project created hundreds of new jobs in Garner .
WIGEON CAPITAL
Wigeon Capital has made significant investments in the Garner industrial-flex market . Their first 26,000 square foot building on Sigma Drive was sold prior to receiving their final certificate of occupancy . Currently , the company has 58,000 square feet under construction at 3300 Waterfield Dr . and are in the process of developing a larger 96,000 square foot warehouse building nearby .
RFIs BY THE NUMBERS
2020-2021
44
requests for information
$ 4.3B
total potential investment
Top Industries in 2021 : Advanced Manufacturing
Biotech / Pharmaceuticals