Land Grab
Old Dominion Freight Line's Real Estate Investments
From 2009 - 2021, Old Dominion Freight Lines invested over $2,000mm into real estate, building over 100 new service centers. My goals in this short write-up are to:
Detail the investments. What did OD spend the money on?
Measure their impact. What returns did the investments generate?
Put into context. Where do real estate investments fit into OD’s capital…