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Industrials under pressure due to increased e-commerce
News

E-Commerce Retailers Still Scrambling To Get Last-Mile Logistics Right

... Euromonitor identified four trends that are shaping urban last-mile transportation: localized delivery, flexible delivery networks, seasonal ... logistics and evolving technologies. “The last mile is increasingly becoming the key battleground in the ...

Dec 16, 2018
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A rendering of the last-mile industrial project Normandy and Pinkard are planning at 716 Ritchie Road in Capitol Heights, Maryland
News

Normandy Launches $250M Opportunity Zone Fund With Last-Mile Industrial Development Near D.C.

... Group, and the JV plans to build a 160K SF last-mile warehouse.  The 10-acre site at 716 Ritchie Road in ... project in late 2020, Normandy principal Patrick Keeley tells Bisnow.  "Last-mile industrial inside the Beltway in the D.C. Metro is ...

Aug 02, 2019
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Northern Virginia Industrial Park
News

MRP Puts 1.1M SF Fairfax County Last-Mile Industrial Portfolio On The Market

... outside the Beltway, making them an attractive site for last-mile distribution centers, a segment that has boosted the ... industrial sector in recent years.  “Last-mile industrial and light industrial product have outperformed the bulk ...

Mar 07, 2018
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San Diego logistics
News

Investors Look For Last-Mile Facilities As The San Diego Industrial Market Booms

Recently Realterm Logistics obtained permanent financing for a San Diego last-mile property it acquired last year — the 180K SF 16550 Via Esprillo. “The ...

Jul 19, 2018
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Last-Mile Industrial Space Faces An Uncertain Decade
News

Will Industrial Space Be Up To The Task Of Supporting Last-Mile Logistics In The 2020s?

... racking systems, which is an important consideration for last-mile delivery. Many older properties can't accommodate the ... President of Research Melinda McLaughlin said. "Currently, last-mile and last-touch facilities are typically the oldest and smallest ...

Oct 27, 2019
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Prologis Pulaski Distribution Center
News

JLL Forms Consultant Group Focused On Last-Mile Distribution Centers

... launched a U.S.-based consultancy arm dedicated solely to last-mile distribution centers, Commercial Observer reports. The group is led ... for redevelopment. That decision process is where JLL hopes its last-mile team will make its mark, as Jaggi told CO. ...

Nov 20, 2018
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The Mid-Atlantic Must Be Ready For The Last-Mile Revolution, However It Looks
News

Is The Mid-Atlantic Ready For The Last-Mile Revolution?

... commerce and demand for delivery speed only heightens optimism that last-mile facilities are a strong bet for the area. “It ... bode well for the area, but the uncertainty surrounding last-mile facilities has prompted caution from many developers. It is ...

Oct 03, 2017
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Randall Park Mall
News

Is Retail-To-Industrial The Next Big Thing, Or Just A Pipe Dream For Last-Mile Logistics?

... might be a trend on the rise, as demand for last-mile industrial space becomes more acute. Empty big-boxes and dead ... malls, once upon a time; now it can be for last-mile and other close-in distribution facilities. There seem to be ...

Sep 12, 2019
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Mercure Logistics Center
News

D.C. Is Getting Left Out Of The Last-Mile Industrial Boom

... the Baltimore and Washington beltways, the areas roughly considered last mile, averaged $465K per acre between 2013 and 2017, ... . Nearly 70% of demolished warehouse space was in last-mile areas.  Demolished warehouse space has largely been replaced by ...

May 03, 2018
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Harvard University
News

Blackstone To Buy Warehouses From Harvard, Including Coveted Last-Mile Properties

Most of the properties are also last-mile warehouses, Bloomberg reports, meaning those typically in high- ... to deliver goods quickly after consumers order them online. Last-mile industrial properties have been trading with considerable briskness recently, ...

Sep 21, 2018
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