Real Estate

JDW, Inc. & JDW Industrial Parks

These separate corporations are real estate commercial development branches owned by Jim and Diane Weaver (JDW). Commercial lots are available for purchase or JDW will build to suit a tenant’s needs under a long-term triple-net lease.

JDW, Inc. has purchased and/or built several office/shop combinations which are then leased out (for example, Warren Transport-Billings offices and shops; Warren Transport-West/Belgrade offices and shop; EMI – Bagging Operations, and more.).

Another example of a “built-to-suit” partnership is the Farstad Oil complex at 2350 N. Frontage Road in Billings completed in May 2003 (under corporation JDW Industrial Park, LLC) and operated under a long-term triple-net lease.

Prime Billings, Montana, Johnson Lane (Lockwood) commercial lots are ready for such build-to -suit development or sale under another corporation – JDW Industrial Park 2, LLC.

Benefiting from the newly installed sewer system in Lockwood, and recent other commercial developments in the area (including the Flying J and Town Pump Truck Stations, Heliproz retail location, Truck Washing facility, and future Pacific Steel Recycling), these scarce commercial lots are in a very desirable location – especially for any company needing railroad access. Mined gravel in various sizes are now available for sale. Half the gravel has been mined to date.

Land Available for Lockwood Industrial Development Opportunity.

Weavers own a large portion of the site designated for the Lockwood Targeted Economic Development District (TEDD). This ideal industrial park land is located east of Billings, MT along Johnson Lane and Coulson Road.

What is the Lockwood TEDD? Yellowstone County, in conjunction with Big Sky Economic Development (BSED), is seeking to enhance and expand economic activities through the development of planned, ready-to-go industrial space that supports secondary, value adding industries. This effort would be enriched through the creation of a Targeted Economic Development District (TEDD) on 570 acres of land in the Lockwood area. Yellowstone County intends to use tax increment financing as part of its overall strategy to provide infrastructure in support of value-adding industry. The purpose of the Lockwood TEDD is to provide planned industrial space in order to attract and retain industrial and manufacturing businesses in Yellowstone County.