Airport panel approves $1.13-billion upgrade at LAX
Walsh Austin Joint Venture is awarded two contracts to build new concourses and upgrade the Tom Bradley International Terminal to handle larger jets.
If you own Industrial Property in an area where $1.13 Billion in construction contracts were just approved…yes that was not a typo…$1.13 billion! I say emphatically, put your investment money into that area.. provided you can patiently wait until the current economic cycle turns….right now the pessimistic news about the economy is broadcasting at full throttle and that is all anyone is hearing, a perfect time to buy.
LAX is here to stay. If you counted every major airline together with their cargo operation that has rights at LAX , you are identifying a significant center point of Globalization and its key connection to World Trade, where millions of dollars of cargo are being transported.