South Alabama Logistics Park Wins International Award

The CoStar Group, a global provider of commercial real estate information and analytics, named South Alabama Logistics Park the 2023 Commercial Development of the Year CoStar Impact Award winner in the Mobile industrial market. The CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2022 that have significantly influenced neighborhoods or submarkets across 128 major international markets in the U.S., Canada and the U.K. Winners—chosen for their growth, diversification and ability to overcome unique challenges in their markets—were selected from a panel of more than 750 industry professionals drawn from each respective market. The 1,300-acre master-planned logistics park is located on I-10 in Theodore. It is the largest similar development along the Gulf Coast, with the potential to bring 5,000 new jobs to the area by the end of the decade. The award highlighted the relocation and expansion of two national businesses—DC Safety and Averitt Express—to the park, which state officials hailed as a sign of additional major developments to come.