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CenterSquare To Build Last-Mile Distribution Facility In Englewood
News

CenterSquare To Build Last-Mile Distribution Facility In Englewood

... and local company Quannah Partners will construct a 195K SF last-mile distribution center in Englewood. The Point, a two- ... in two phases, with completion expected in early 2023.  Last-mile distribution centers have surged in popularity as e-commerce ...

Feb 17, 2022
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Extra Miles For Last Mile: Funding Needed For Another 12M SF As Projections Revised
News

Extra Miles For Last Mile: Funding Needed For Another 12M SF As Projections Revised

... turn will drive demand for a further 12M SF of last-mile urban logistics space by 2025. The revised projection follows ... of space is allocated to 'spoke' facilities that are servicing last-mile deliveries, and demand for these facilities is expected to grow ...

Oct 21, 2021
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British Land Buys City Car Park As It Gets Into Last-Mile Logistics
News

British Land Buys City Car Park As It Gets Into Last-Mile Logistics

... partly owns, and it provides an opportunity to create a last-mile logistics hub in the City of London where supply for ... highly constrained. The deal represents BL’s first foray into last-mile logistics. When its new chief executive, Simon Carter, took the ...

Aug 26, 2021
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1300 Viele Ave., home to Amazon's first Bronx last-mile delivery facility, which will lay off all workers and close in December this year.
News

Amazon To Close Its First Last-Mile Delivery Center In The Bronx

... s request for comment. The property was Amazon’s first last-mile distribution center in the Bronx. An affiliate of private ... other U.S. cities, including closing two Maryland facilities last month and laying off 353 employees. These closures also come ...

Sep 21, 2022
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DPD Ireland is introducing electric vehicles for delivery in Dublin city centre
News

Investors Pile Into Frantic Manchester Last-Mile Warehouse Scene

... deal was agreed in December. Competition for last-mile locations is now intense. Last week Prologis acquired a North London retail ... our current focus on value-add opportunities in urban, last-mile locations, where we see significant opportunities for income ...

Jan 14, 2020
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Inside Blackstone’s £18B Last-Mile Megadeal
News

Inside Blackstone’s £18B Last-Mile Megadeal

... ? Mileway is the platform Blackstone built up in the European last-mile or urban logistics sector. It started buying in the sector ... with the general uptick in urban logistics values over the last five years,  Who Are The New External Investors? React News ...

Feb 15, 2022
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FedEx shipping center in Sunset Park, Brooklyn.
News

Brooklyn Assemblywoman Targets Last-Mile Warehouse Emissions With New Bill

... some fear that warehouse operators like Amazon — which specialize in last-mile delivery of products bought online to consumers’ homes — could relocate ...

Apr 20, 2022
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Costco Ups Its Last-Mile Game With $1B Purchase Of Logistics Operator
News

Costco Ups Its Last-Mile Game With $1B Purchase Of Logistics Operator

... company operates 11 distribution centers and more than 100 last-mile cross-dock facilities, which facilitate the unloading of materials ... balance in other countries. Innovel has provided third-party last-mile logistics services to Costco since 2015, and will ...

Mar 18, 2020
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An Amazon Warehouse
News

Amazon To Build 1,500 New Last-Mile Warehouses In Arms Race With Walmart

Amazon could be looking to add comprehensive last-mile warehouse coverage to major markets on a heretofore unheard-of ... it to prodigious spending on its last-mile network. Part of Amazon's voracious appetite for last-mile space comes from its desire to ...

Sep 16, 2020
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Delivery Robots Could Generate Trillions For U.S. Economy, Transform Last-Mile Delivery: Study
News

Delivery Robots Could Generate Trillions For U.S. Economy, Transform Last-Mile Delivery: Study

... new economic impact study from global consultancy Steer Group. Last-mile fulfillment has become a vital part of the supply chain ... that the pandemic has amplified the use of AVs in last-mile delivery services. Consumer demand for contactless home delivery has ...

Sep 14, 2020
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