A Baltimore company expected to break ground soon on a nearly half-million-square-foot distribution center near Stafford Regional Airport is the first developer to take advantage of a new Stafford County tax rate on inventory.
CSG Group, a commercial real estate development and investment firm, already has permits for what will be the second-largest building in the county’s history, according to John Holden, Stafford’s director of economic development and tourism. When it’s finished next spring as expected, e-commerce businesses leasing it will pay just 0.0001 cent per $100 worth of inventory going in and of the facility. MORE>>