Amazon’s Plan to Sublease Industrial Space May Just Be the Start


Amazon’s Plan to Sublease Industrial Space May Just Be the Start


Amazon was the first to announce plans to sublet warehouse space, but other Fortune 500 retailers are expected to return space to the market as well.

Over the last decade, first-mile warehouses have evolved from traditional, 31-ft.-clear-height facilities with 500,000 to 1 million square feet into 60-foot clear-height, automated, artificial intelligence-managed behemoths of well over 3 million sq. ft. spread over three mezzanine levels. ..
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RSK: The supposed real story behind Amazon shedding warehouse space. The like the newer more efficient buildings and are shedding the oldest in duplicated markets. We shall see, but the author at this juncture doesn`t see it as a warning but a watch if you relate it to weather terms.

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- - Volume: 10 - WEEK: 25 Date: 6/14/2022 10:06:13 AM -