Crews are finishing work on the 800,000-square-foot Family Dollar distribution center, an $80 million project expected to open operations this summer. The Family Dollar facility has been touted as bringing in 350 much-needed jobs to Washington County, along with the ancillary benefits that come from having such a large operation.
In addition, local firms that measure the manufacturing industry are seeing a steady decrease in vacancy rates on industrial properties. The rates are back below 10 percent after hovering in double digits for several years according to NAI Southern Utah.
In Iron County, vacancy rates are still much higher, at 24.6 percent, according to NAI’s research, but rates have improved for spaces less than 20,000 square feet and lease rates are ticking up slightly as well, indicating that things may be trending positively. The Spectrum
