What Happened to Frederickson? The Rise of a Phenomenal Real Estate Market

In this episode, hosts Bill Condon and Matt McGregor look at what has happened to Frederickson over the years, including its “connection” to Sumner, what has brought giants like Amazon, IKEA, and Best Buy to the area, the #1 issue tenants have today, and what the future of Frederickson may hold. Matt explains that Frederickson became what Sumner was with the difference that, while Sumner took 20 years to absorb, Frederickson is going to take about 7. Frederickson wasn’t even a market… but then the Best Buy deal happened, and it was followed by a ton of corporate tenants – which now make the area a phenomenal market. Labor may not necessarily be the first thing that comes to mind, but it’s the biggest issue tenants face today. Bill goes over the key reasons that have led corporations to get a location in Frederickson, making it what it is today. All the developers wanted to be down the I-5 corridor but being in Frederickson developers and corporate tenants have a labor situation that isn’t as sticky as that of other areas closeby. Bill touches upon what may be in store for Frederickson in years to come.     Mentioned in this episode:  IndustrialAdvisors.com Davis Property & Investments - davispropertiesllc.com Panattoni.com BestBuy.com FloorAndDecor.com Amazon.com IKEA.com