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Last-Mile Warehouse Coworking Concept Raises $10M To Fund Expansion
News

Last-Mile Warehouse Coworking Concept Raises $10M To Fund Expansion

... warehousing, when Amazon is building million-square-foot distribution centers with 75-foot ceilings, 3K SF is ... your property." Third-party logistics providers also overlook small e-commerce companies in favor of bigger companies, said Maximiliano Trujillo ...

Apr 21, 2021
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Amazon Buys 120 Acres Near Palm Springs Entitled For 3.4M SF Warehouse
News

Amazon Buys 120 Acres Near Palm Springs Entitled For 3.4M SF Warehouse

... Valley that are approved for a multistory industrial development. The e-commerce giant paid $13.4M to Atlanta-based Seefried Industrial ... to build a multistory, 3.4M SF warehouse and distribution center that would span more than 90 acres between 19th ...

Jun 27, 2022
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Investor Group Offers $5.8B To Buy Out Macy’s Stock
News

Investor Group Offers $5.8B To Buy Out Macy’s Stock

... in response to e-commerce trends. Last holiday season it converted almost 1M SF in 35 stores to mini-distribution centers to ... and perhaps takes other actions such as spinning off the e-commerce business would certainly make some short-term gains,” Saunders ...

Dec 11, 2023
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Home Depot Snaps Up Sizable Portion Of Under-Construction Weld County Industrial Campus
News

Home Depot Snaps Up Sizable Portion Of Under-Construction Weld County Industrial Campus

... The home improvement retailer joins other household names with distribution centers in the area. In 2020, FedEx broke ... Collins-Loveland airport.  Distribution centers are increasingly popular across the country as retailers and e-commerce companies seek to ...

Feb 14, 2022
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The Rite Aid at 2545 Aramingo Ave. in Philadelphia is among the 31 additional stores set to close as part of the drugstore's Chapter 11 proceedings.
News

Rite Aid Closing Dozens More Stores As Bankruptcy Progresses

... earlier this week that it had opened a 266K SF distribution center in Des Moines, Washington, serving stores in Washington, ... a wealth of other retailers, including big-box stores and e-commerce companies — are adding to difficulties for drugstore chains. In ...

Dec 01, 2023
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Atlanta Industrial Fundamentals Again Smash Records
News

Atlanta Industrial Fundamentals Again Smash Records

... CJ Logistics' 1M SF lease at the Locust Grove Distribution Center in Henry County, south of Hartsfield-Jackson Atlanta ... : the continued growth of online shopping, which is feeding e-commerce demand; companies leasing warehouse space to store extra goods in ...

Oct 22, 2021
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Walgreens, Target Push To Handle More Deliveries In Stores, Not Warehouses
News

Walgreens, Target Push To Handle More Deliveries In Stores, Not Warehouses

... industrial market continues to cool.  Walgreens is closing an e-commerce warehouse in Illinois, The Wall Street Journal reported, ... largest online retailer is still focused on the warehouse distribution model.  Amazon's expansion of its fulfillment network ...

Nov 15, 2023
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Port of Oakland Unsplash 2022
News

Oakland’s Port Challenges Mirror SoCal. Demand Is Stacking Up, But CRE Can’t Keep Up

... are logistics issues and low availability of warehousing and distribution real estate, leading industrial investors to look to other ... of warehouse space due to increased demand coupled with increased e-commerce. This has impacted U.S. ports including the ...

Dec 05, 2022
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Chicago Industrial Deliveries At Highest Level In Over 2 Decades, But Signs Of Trouble Loom
News

Chicago Industrial Deliveries At Highest Level In Over 2 Decades, But Signs Of Trouble Loom

... an e-commerce boom. Big-box industrial spaces typically run upward of 200K SF and are used for large warehouses or distribution centers ...

Oct 25, 2023
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Industrial Warehouse Distribution
News

Rent Growth Slows As Industrial Footprints Shrink In South Florida

... also shifted away from the massive distribution centers that were in demand two ... in 2021. Whether that was from e-commerce, whether it was post-Covid, whether ... a 106K SF deal at the International Commerce Center.  Despite absorption turning negative and ...

Oct 22, 2023
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