For much of the world, the United States is now on sale at discount prices. With financial institutions tightening their credit, a growing unemployment rate, and worries about a recession savvy foreign investors are taking advantage of the situation. The weak dollar has made the American real estate market look attractive to foreign bargain hunters and now U.S. land, hotels, shopping centers, apartments, warehouses and office buildings are being seen as good investments.
Within the United States the Northwest Ohio region is steadily becoming another hot spot for foreign and domestic investors. Northwest Ohio also offers a favorable mix of affordability, convenience and small city living. Housing prices and cost-of-living routinely rank below the national average, and the commute times in the metropolitan areas averages under 19 minutes. The diversity of the region is another reason hundreds of thousands of people live in the area.
The city of Toledo, Ohio area is now on sale, and foreign investors are clamoring to get a slice of the action. The Greater Toledo area is home to nearly 500,000 people and is the perfect location for moving products into and out of the American Midwest and Canada. In fact, 43% of US and 47% of Canadian markets are within a 500 mile radius of Toledo. In addition to its great location the city also has a vibrant arts and cultural scene, world class universities, and cutting edge businesses which make the area a great place to invest.
Toledo is the fourth most populous city in the U.S. state of Ohio and sits on the western end of Lake Erie. It borders the State of Michigan and sits directly across the lake from Canada. It is well known for its industry, particularly in glass and auto assembly (Jeep headquarters), as well as for its art community, education, and local sports teams. The metro area is home to many large companies three of which are Fortune 500 companies: Dana Corporation, Owens Corning and Owens Illinois.
Toledo is an important industrial, commercial, and transportation center for the north central United States. The Port of Toledo is the largest seaport by area on the Great Lakes, and it is well-placed as an inland distribution center linked to North American markets by rail, road, water, air, and pipeline. The Port of Toledo handles huge volumes of bituminous coal, and its free trade zone handles large amounts of wind turbines, grain, metals, oil, machinery, tools, metal ores, vehicles, and industrial equipment. The international seaport is trading partner to Mexico, Canada, Europe, Russia, and Asia.
The LSI Group specializes in helping you to invest in foreign markets. If you are interested in exploring the opportunities that exist in Toledo or throughout South East Asia we can assist. Send us an email to request more information.