We purchased land, had it developed, and it was ready to go for a company that would be coming in the area.
The immediate benefit is as construction starts, that will bring a tremendous number of construction workers to town, which will help local industries. It has created a need for housing, and with that, has brought numerous developers from out of the area looking to buy land and fulfill the need for housing.
We are excited. I never had any doubts, but in the real estate world, things can always go haywire.
The notoriety of that type of company and the spin-off potential of the businesses that follow them is a great thing.
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