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The increased use of artificial intelligence is driving data center demand away from training AI models and toward inference, pushing development to the edge.
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The e-commerce boom has followed the migration of people back into cities. As delivery in urban areas rises, urban fulfillment centers are becoming the norm.
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Prologis and Goldman Sachs are banking that costly multistory facilities will be worth the price for e-commerce retailers.
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Delivery company says now is the time to invest in market
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The Prince George's County Planning Board approved a 4M industrial project at Westphalia Town Center, reportedly a future Amazon facility.
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CGMG Development and AEW are building 400K SF of new last-mile industrial space at the intersection of the Beltway and U.S. 50.
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The hunt is on to find suitable properties for e-commerce, and they're a little scarce.
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The e-commerce leader plans to add around 1.4M SF to its warehouse footprint in Maryland as the coronavirus pandemic has increased demand for online delivery.
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Plans for car park entertainment and retail schemes fall away.
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The developer says it has received an influx of interest from last-mile developers wanting to buy the site.
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