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Amid Rising Anger, Completed Amazon Warehouse In Philly Sits Empty As Company Goes Quiet
News

Amid Rising Anger, Completed Amazon Warehouse In Philly Sits Empty As Company Goes Quiet

... . in Southwest Philadelphia for $9.6M last year, and quickly built a 140K SF last-mile distribution center at the site. Months after ... a lease, was part of a strategic pivot Amazon began last year and has accelerated this year in places where it ...

Sep 27, 2022
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Crow Holdings To Bring $41M Logistics Hub To Southeast Dallas
News

Crow Holdings To Bring $41M Logistics Hub To Southeast Dallas

... are looking to capitalize on Texas’ population growth by bringing last-mile logistics hubs closer to where people live. The industrial team ...

Jan 11, 2023
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Fort Capital Purchasing More Than 1M SF In Class-B Industrial
News

Fort Capital Purchasing More Than 1M SF In Class-B Industrial

... of the industrial market by an increase in demand for last-mile, e-commerce centers.  "What we have found is there is ... is collecting across Texas. As more traditional assets go to last-mile distributors, Fort Capital sees the offering of Class-B value ...

Jun 02, 2021
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Innovo Locks Down $155M To Build Five-Story Industrial Building In Queens
News

Innovo Locks Down $155M To Build Five-Story Industrial Building In Queens

... for a new five-story, last-mile distribution facility in Long Island ...  as a solution to providing high-density last-mile distribution of online purchases. As the coronavirus ... the rewards. In the third quarter of last year, industrial leasing in the city was ...

Mar 04, 2021
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New Strategy For Offering Customers A 'Frictionless Experience' Still Hitting Snags For Retailers
News

New Strategy For Offering Customers A 'Frictionless Experience' Still Hitting Snags For Retailers

... there will be a strong emphasis on accuracy in last-mile deliveries, according to DispatchTrack CEO Satish Natarajan, whose company ... leverage artificial intelligence and predictive analytics. Other new last-mile tech will be more visible to the consumer. ...

Dec 20, 2022
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Amazon’s Warehouse Pullback Seen As Opportunity For Upstarts To Play Catch-Up
News

Amazon’s Warehouse Pullback Seen As Opportunity For Upstarts To Play Catch-Up

... too much capacity too fast, Bloomberg reported last month. Amazon has yet to publicly release ... experts who spoke to Bisnow over the last week said the industrial real estate's ...  to slow down its occupancy of new last-mile warehouses. Over the past two years, ...

May 31, 2022
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The industrial property at 6885 Commercial Drive in Springfield.
News

Amazon-Leased Warehouse In Northern Virginia Sells For Record Price

... a population of over 1 million, within a mile of the interchange of the Beltway and I-395 ... plans to build more than 1M SF of new last-mile warehouses in Maryland. Its stock price closed Monday ... the industrial market and, in particular, last-mile distribution."

Jul 06, 2020
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This Week's Chicago Deal Sheet
News

This Week's Chicago Deal Sheet

... .  “We continue to see strong demand for well-located, last mile logistics real estate across Chicago,” Ben Brudney, a director in ... Wakefield, has become the president at Cresa. Schementi was hired last summer but is just now adopting the position. He brings ...

Aug 09, 2022
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The Sacramento Tower Bridge
News

Capital City: Sacramento Is A Rising Star With Industrial Investors

... in the Sacramento industrial market’s performance in the last few years. In its second-quarter 2022 industrial ... Developers have made good progress with coveted, often elusive last-mile facilities, Sanfilippo said. Speculative development is popular in the ...

Jul 29, 2022
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Jonathan Rose confirmed license on Feb. 28, 2025.
News

Target Planning 4 New Distribution Centers In Major New Logistics Push

... chain, The Wall Street Journal reports. Shipt Inc., the last-mile delivery startup that Target bought in 2017, will work alongside ... , Target has been pursuing smaller concept offerings for the last few years, signing deals for smaller locations in dense ...

Mar 04, 2022
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