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