As the worst of the pandemic eased, Amazon found itself with too much warehouse space. Subleasing will allow the company to relieve the financial obligations associated with an existing building that no longer meets its needs. CLICK ON THE HEADLINE FOR MORE
The online shopping holiday comes amid a warehouse shortage across the U.S. as distribution center vacancy rates are at all-time lows. To keep up with the demand driven by retailers beefing up e-commerce operations, an additional one billion square feet of new industrial space will be needed by 2025. CLICK ON THE HEADLINE FOR MORE
With e-commerce booming. Amazon knew what it had to do. According to a recent analysis, the Seattle-based behemoth has expanded its portfolio of warehouse, distribution, data center and last-mile properties across North America to more than 410 million square feet. CLICK ON THE HEADLINE FOR MORE
The region’s commercial property management firms have seen industrial and retail sectors essentially merge into one super-sector, as the pandemic ignited the demand for e-commerce and other distribution services this past year. CLICK ON THE HEADLINE FOR MORE
Demand for warehouse space is being driven by a shift in consumer behavior from buying in stores to online that is resulting in some extremely hot markets. CLICK ON THE HEADLINE FOR MORE
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