NEW & NEXT

AROUND THE STATE

GEORGIA ECONOMIC

DEVELOPMENT TRENDS

Tom CroteauGeorgia Departmentof Economic Development

Steve GrableJones, Lang, LaSalle

Brian KastickPortFresh Logistics

Bert BrantleyGeorgia Departmentof Economic Development

LOGISTICS SUMMIT

April 9, 2018

Distribution, E-commerce & inland ports: GDEcD

► GDEcD

► Logistics and Distribution projects were up 39% from FY16 to FY17

► FY17 – 50 projects, $1.17B investment, 7,137 jobs created

► FY18 to date – 45 projects, $600M investment, 4,857 jobs created

► Recent Locations:

► ASOS – Union City, Fulton County

► Tory Burch – McDonough, Henry County

► Safavieh – Savannah, Chatham County

► Variety Wholesalers – Newnan, Coweta County

Distribution, E-commerce & inland ports: Georgia Ports AUthority

► $128 million Mega-Rail Project

► Will allow the GPA to better handle unit trains

► Will position Savannah to rapidly increase service to inland markets, from Atlanta to Memphis, St. Louis, Chicago and the Ohio Valley

► Completion is expected at the end of 2020

► The Appalachian Regional Port

► Inland rail yard in Chatsworth, Ga

► Expected completion in fall of 2018

► Will cut Atlanta truck traffic by 50,000 trips per year, and expand GPA’s reach into Tennessee, Northeast Alabama and Kentucky

Data Centers, Software & innovation: Atlanta and peeking out

► Facebook recently announced the location of

a new data center in the Stanton Springs

Park. The company will invest $750M in the

project.

► Data centers have created nearly $2 billion

investment since 2017.

► Software and Technology companies have

created $121M investment and over 3,500

jobs in FY18 to date.

► New Data Center legislation in 2018

• Governor Deal announced in January, construction to be completed in Summer 2018

• Comprised of two buildings with a total of 332,000 square feet and budgeted at more than $100 million, it is the single largest investment in a cybersecurity facility by a state government to date

• Augusta’s civilian cyber workforce estimated to reach 2,880 - including military, that number will be over 12,000

• Average annual salary for these cyber security positions is approximately $77,000

Cyber security: Augusta’s Hull McKnight Georgia Cyber Innovation and Training Center

International projects:

► Tariff-driven Projects

► Auto, White Goods, Solar, etc.

► General Investment Hesitation

► U.S. Economy Risk/Reward

Riddle

► 59% of locations, 71% of jobs created and 50% of investment comes from companies based in European countries

► FDI projects make up approximately 20 - 25% of total locations, jobs and investment

► For FY18 to date, international companies have generated

► 70 locations

► 5,146 jobs

► $1.5 billion investment

Sites & Buildings: Product development

► Industrial Parks

► Lakes at Green Valley – Spalding County

► Highland 75 Industrial Park – Bartow County

► Repurposing Buildings

► Springs – Hart County

► Fruit of the Loom – Rabun County

► CAT – Thomas County

► Megasites

► Heart of Georgia – Laurens County

► East Atlanta – Walton County

► GRAD ProgramThe Lakes at Green Valley

Supply Chain Decisions

• Analyze network

strategy, inventory

optimization and

transportation

• Logistics outsourcing

evaluation

• Facility design

and planning

• Location selection –

iLocate / Orion

• Blackbird

• Workforce analysis

and interviews

• Real estate due

diligence

• Project profiling

• Feasibility assessment

• Analysis and modeling

• Negotiations

• Application and

documentation

• Monitor and tracking

• Procurement of proposals

• Proposal analysis

• Negotiate proposal terms

• Contract documentation

• Lease vs. buy analysis

• Accounting, tax and

finance expertise

• Debt and equity

financing

• Build-to-suit financing

• Building modification

planning

• Budget and schedule

preparation

• Site / building due

diligence

• Design and construction

management

• Value engineering

• Sustainable strategies

• Baseline and benchmark

portfolio performance

• Portfolio-wide

Energy/Sustainability

Management programs

Our integrated services

Supply Chain

& logistics

solutions

Our clients face many challenges today. Economic uncertainty, volatile fuel costs, increasing

customer service requirements and global complexities, all play a critical role in your real estate

decisions. That’s why, at JLL, we make it our job to understand your entire business—not just

your real estate needs—to save you time, reduce costs and mitigate risk.

NEW & NEXT

AROUND THE STATE

GEORGIA ECONOMIC

DEVELOPMENT TRENDS