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.
Two large commercial lots with direct access off of Johnson Lane (just North of the railroad tracks) are being developed next to what will be a 20-acre lake. Currently the gravel is being extracted from the 20-acre adjacent land. Once that project is completed by the end of 2012, trees and boulders will encircle the lake that will also be surrounded by cattails and wetlands.
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.
In 2008, Jim and Diane Weaver ventured back into farming when they acquired the Flack and Flack gravel business and adjacent former Kembel farmhouse and land at 3306 Coulson Rd. – only a few miles from the Warren Transport Headquarters in Billings. Both have prior farm experience – Jim on his grandfather’s place in Iowa and Diane growing up on a Red River Valley potato and sugar beet farm near Fargo, ND. They have spent the seasons since purchase transforming the neglected land into leveled, irrigated, productive wheat, alfalfa and corn fields. And the over 70 year old farmstead has been completely updated to a cozy farm “cottage.”