New state regulations designed to protect marginalized populations from environmentally-harmful projects are expected to add delays and additional project costs for commercial developers, particularly in the booming e-commerce distribution sector.
When Dallas-based Hillwood Investment Properties sought to develop a 4.2 million-square-foot campus including a new Amazon distribution facility in North Andover, it turned to John Smolak.
Amazon has paid major MetroWest landlord Carruth Capital $65 million for a 93-acre swath of Westborough’s Computer Drive commercial district that has been approved for a large, last-mile e-commerce facility.
Amazon’s plans for a central Massachusetts distribution facility would be one of the largest warehouses ever completed in the U.S.
The team that acquired the 19-acre Widett Circle property in Boston last year is leaning toward industrial uses for the redevelopment of the site near I-93, including a potential Amazon warehouse and other distribution tenants.
Online shopping and the deliveries it requires have surged during the pandemic, taking a toll on traffic, pollution and industrial rents, according to a new report.
Amazon will open a 177,000-square-foot last-mile delivery station in Worcester at a former manufacturing facility that was acquired by Burlington-based R.J. Kelly Co. in September for $7.2 million.
Commercial real estate investors are seeking safe havens in sectors such as grocery-anchored shopping centers as they gauge the depth and duration of the economic crisis brought on by the COVID-19 outbreak.
Boston is ranked No. 2 for investor demand by the Urban Land Institute and PwC, and the industrial sector is drawing increasing interest, as limited supply has rents soaring to record levels.
Alexa, what’s the best way to reposition a former candy factory to attract an e-commerce titan?
A development partnership is positioning a new Bridgewater logistics center to tap into the Route 24 e-commerce corridor including Amazon’s warehouses in Stoughton and Fall River.
Amazon’s under-construction 17-story tower in Boston’s Seaport District won’t be the company’s only new expansion in Massachusetts. The company has reportedly inked a deal for space at a 2 million-square-foot commercial property north of the city.
In the commercial real estate world, one could say the retail sector’s loss was the industrial sector’s gain in 2018. The same can’t be said for the hotel sector, where most everyone’s gains contributed to the hospitality industry’s growth last year.
As the popularity of online retail and delivery services has exploded, so has demand for warehouse space – particularly for buildings that can handle last-mile delivery and urban logistics.
After a blistering fourth quarter of office leasing activity in Boston, tech and e-commerce companies including Amazon, Wayfair, Spotify and DraftKings are positioned to gobble up even larger blocks of space in 2018.
Every week brings news from the retail world, not all of it positive. Store closings, bankruptcy filings, and the decline in brick and mortar store sales − matched by Amazon’s ever-increasing market share − make headlines routinely these days.
