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Amazon is planning to invest more heavily into grocery delivery
News

Amazon To Double Number Of Same-Day Delivery Distribution Hubs, CEO Says

E-commerce giant Amazon is expanding its physical presence even further in ... , and its online marketplace, Jassy said in the letter. The e-commerce goliath has spent years trying to expand into grocery and ...

Apr 12, 2024
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Regional HQ With $225M Price Tag About To Break Ground At AllianceTexas
News

Regional HQ With $225M Price Tag About To Break Ground At AllianceTexas

... its regional headquarters, an 841K SF facility that will include distribution and office space at 4894 Litsey Road in the AllianceTexas ...

Apr 11, 2024
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Kroger Delivery Truck Grocery Delivery
News

Kroger To Close South Florida Distribution Center, End Deliveries In The Region

... grocery delivery to areas within 90 miles of a distribution center, meaning the Opa-Locka closure will mark ... s folding its distribution operations in South Florida and Central Texas, “Kroger remains committed to growing its e-commerce offerings, delivering ...

Mar 28, 2024
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Amazon's 3.3M SF warehouse in North Andover.
News

After Historic Boom, Warehouse Development In Greater Boston Falls By 80%

... completed a 2.8M SF distribution facility in the western Massachusetts town of Charlton. However, the e-commerce leader in 2022 began ... lot of markets," Berthelette said. "I do think that e-commerce will always be a driver of demand, particularly in places ...

Mar 28, 2024
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Baltimore bridge collapse
News

Key Bridge Collapse To Drag Down Baltimore-Area Economy

... decade.  The rise of e-commerce centers has driven much of that sector's regional growth, and distribution hubs like the massive Tradepoint ...

Mar 27, 2024
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A passenger boat on NYC's East River.
News

NYC’s Waterfronts Are Getting A Makeover For The E-Commerce Age

... the Downtown Manhattan Heliport for a mix of last-mile distribution, microdistribution and other cargo. The proposal is also ... submission," NYCEDC's spokesperson said. “The growth of e-commerce and population are expected to drive demand for freight volume ...

Feb 12, 2024
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As Vacancy Soars In Atlanta's New Warehouses, Investors Smell Opportunity
News

As Vacancy Soars In Atlanta's New Warehouses, Investors Smell Opportunity

... opened a window for investors to grab warehouses and distribution hubs at lower prices than were seen when sales ... the surge in domestic manufacturing, the continued growth in e-commerce and companies adding storage to avoid another supply chain crisis ...

Jan 24, 2024
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Warehouse.jpg
News

Canadian Developer Rosefellow Plans Foray Into U.S. Industrial

... has cooled down from its early pandemic frenzy when e-commerce pushed demand for industrial space, fundamentals in the sector ... Pearson International Airport that will be redeveloped into a distribution center, RENX reports. Construction will begin by Q3  ...

Jan 23, 2024
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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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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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