United Building: Humble Global Distribution Center

United Building: Humble Global Distribution Center

The City of Humble recently approved a tax abatement agreement with United Airlines, marking the construction of their first global distribution center outside airport property in the U.S. This 509,000-square-foot facility will be located at the 59 Logistics Center and is expected to bring in additional jobs beyond the initial 60 contracted positions. The airline plans to invest $38 million into renovating this center and streamlining their pilot distribution process through a centralized network.

Some key terms of this agreement include a 15-year term, a 50% tax rebate for United Airlines, an estimated $1 billion worth of inventory processed through the distribution center, and job opportunities for construction and maintenance personnel. This development marks an exciting milestone for both United Airlines and Humble’s economic growth potential.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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