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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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Amazon
News

Amazon Listing More Of Its Big, New Warehouses For Sublease

... spaces are in properties built during the pandemic that the e-commerce giant first leased between mid-2020 and mid-2022,” Adrian ... continuation of Amazon's plan to cull some of the distribution space it amassed during the pandemic, when Amazon became the ...

Nov 16, 2023
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Amazon Warehouse Distribution Center
News

Amazon Delays Opening Of Biggest Distribution Center In South Florida

... a resolution that grants the e-commerce giant a 12-month extension to open the distribution center at 13200 Southwest 272nd ... warehouse lease in Coral Springs in Broward County that the e-commerce company instead opted to put up for sublease. Delivery ...

Nov 15, 2023
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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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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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Related Affiliate To Spend $1B Developing Cold Storage Facilities
News

Related Affiliate To Spend $1B Developing Cold Storage Facilities

... have been closely tied to the rise of online shopping. E-commerce's share of total U.S. grocery sales was forecast ...

Oct 17, 2023
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Bisnow Week In Review: The Most Consequential Stories In CRE
News

Bisnow Week In Review: The Most Consequential Stories In CRE

... these agreements to demand payouts. Today, with challenges like e-commerce and reduced foot traffic, many anchors are more open to ... the firm's retail expertise into the warehouse and distribution space, with plans to enhance capabilities in various Florida ...

Oct 15, 2023
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SRS Real Estate Partners - SRS Industrial - Miami Team - Andrew Lehrer - Wayne Schuchts - Michael Palmer
News

Retail Specialist SRS Expands Push Into Industrial With New Miami Office

... be the lease-up of the second phase of Ironwood Commerce Center on the site of the former Opa-Locka Hialeah ... clients began approaching him to help with the rollout of e-commerce and warehouse operations, Schuchts said.   “It’s kind of like ...

Oct 11, 2023
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This Week's Philadelphia Deal Sheet
News

This Week's Philadelphia Deal Sheet

... a 1.75M SF warehouse on speculation, targeting large e-commerce tenants with 40-foot clearance, PBJ reports. Initial plans ... chain management company EtailFlow selected a site for its distribution, returns and inventory management services adjacent to the ...

Sep 27, 2023
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