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Wayfair Abandons Plans For 1.2M SF Warehouse Under Construction In North Houston
News

Wayfair Abandons Plans For 1.2M SF Warehouse Under Construction In North Houston

... a public company. But in 2020, pandemic-fueled interest in e-commerce brought a steep but short-lived surge of sales, the ... , another furniture retailer based in Vancouver, put a 511K SF distribution facility at 7525 Sutton Road up for sublease, the article ...

Feb 22, 2023
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Warehouse.jpg
News

Investors Rush Into Industrial As Sector Maintains Allure

... , as the pandemic has driven demand for distribution facilities nationwide as e-commerce expands. “I think what you’re going ... sector continues to benefit from strong demand driven by e-commerce tailwinds," BREIT Senior Managing Director David Levine said ...

Dec 06, 2020
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Industrial Cooldown Continues: Warehouse Vacancy Rises To Highest Level Since 2020
News

Industrial Cooldown Continues: Warehouse Vacancy Rises To Highest Level Since 2020

... Head of Industrial Research Mark Russo told Bisnow in October.  E-commerce sales spiked in mid-2020 as people adjusted their behaviors ... full. Developers built more than 2B SF of storage and distribution space in four years, according to the WSJ. By October ...

Jan 08, 2024
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Houston’s Industrial Buildings Are Getting Bigger
News

Houston’s Industrial Buildings Are Getting Bigger

... industrial buildings in Houston is being driven by large e-commerce players like Amazon, which has been a direct beneficiary ... here in the Houston market. Almost half of the distribution absorption is directly related to Amazon,” Vigavi Realty Development ...

Dec 02, 2020
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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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