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Amazon Leases Another Philly Warehouse, Approaches 10M SF In Greater Philly Area
News

Amazon Leases Another Philly Warehouse, Approaches 10M SF In Greater Philly Area

... marked by Amazon as last-mile distribution centers totaling 2.3M SF. Amazon distinguishes last-mile distribution centers from what ... its logistics network, though some warehouses it considers last-mile are larger than some designated as fulfillment centers. ...

Feb 11, 2021
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Chamblee Seven Oaks
News

Seven Oaks Pivoting To Multiple Warehouses In Chamblee

... Seven Oaks Co. is scrapping plans to develop a single last-mile distribution facility in the city of Chamblee and instead plans ... , in which Seven Oaks planned to build a 103K SF last-mile industrial facility with more than 675 parking spaces for an ...

Nov 29, 2021
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Warehouse.jpg
News

EQT Exeter Closes $4.9B Fund For U.S. Industrial Acquisitions

... , specifically logistics properties with single tenants, including fulfillment centers and last-mile delivery hubs. EQT Exeter said that investor interest in the ...

Jul 06, 2023
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Prologis Considering Developing Studio Space In LA's Arts District
News

Prologis Considering Developing Studio Space In LA's Arts District

... location for warehouse and distribution space, particularly the coveted last-mile variety. In January 2021, when Prologis bought the property ... of the existing improvements to create a low-coverage last-touch facility." In its third-quarter earnings call, ...

Nov 28, 2022
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Shopify Aims To Avoid Pitfalls Of Amazon As It Rolls Out 'Elastic Warehouse Capacity'
News

Shopify Aims To Avoid Pitfalls Of Amazon As It Rolls Out 'Elastic Warehouse Capacity'

... Amazon. After purchasing fulfillment and order storage provider Deliverr last year for $2.1B, the company is building out ... software and network partners, including warehouses, carriers and last-mile delivery providers —all while keeping Shopify’s own real ...

Mar 16, 2023
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‘We Can't Play A Zero-Sum Game’: Queens Borough President On Development Battles, Housing Crisis
News

‘We Can't Play A Zero-Sum Game’: Queens Borough President On Development Battles, Housing Crisis

... of that or risk having the site turned into a last-mile distribution facility. That kind of negotiation, that kind of deal ... Queens that has garnered significant attention in recent months. So last year, the city broke ground on a development there that ...

Oct 19, 2022
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Portfolio Of Small South Jersey Warehouses Sells For $195M After Doubling Rent
News

Portfolio Of Small South Jersey Warehouses Sells For $195M After Doubling Rent

A portfolio of last-mile distribution centers in the South Jersey township of Pennsauken has ...

Jun 28, 2023
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Cargo Truck
News

GreenPoint Launches Platform To Acquire $500M In Industrial Outdoor Storage

... any number of other goods, including recently arrived imported cars, last-mile delivery vans or PVC piping. As the demand for deliveries ...

Mar 09, 2023
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containers storage
News

The New Post-Pandemic Asset Class That Is More Than Just A Waste Of Space

... good condition, well-located, suitable for HGV parking and for last-mile logistics. The amount of land required is changing, too, as ... last-mile users insist on lower site densities to allow more space ...

Nov 10, 2021
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GoLocal
News

Walmart Launches Delivery Service For Other Retailers

... vehicle startup that Walmart invested in last year, as well as autonomous vehicle ... ve worked hard to develop a reliable last-mile delivery program for our customers,” Walmart U ... .S. Senior Vice President, Last Mile Tom Ward said in a statement. “Now ...

Aug 24, 2021
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