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Amazon, Other E-Commerce Retailers Repurpose Dead Properties for Warehousing, Distribution
Industry Segment: Industrial Manufacturing | Word Count: 482 Words
SUGAR LAND--December 1, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--The ever-increasing distribution demands for the e-commerce industry are putting more pressure on commercial real estate markets. Where delivery times of five days or more once were common, consumers now are insisting on delivery times of no more than a day or two, with same-day delivery a major selling point. This is driving e-commerce retailers and package shippers to obtain more logistics capacity near urban population centers (also called the "last mile").
Within this article: Details on some of the warehousing and distribution-center projects from major companies such as Amazon.com Incorporated (NASDAQ:AMZN), FedEx Corporation (NYSE:FDX) and United Parcel Service Incorporated (NYSE:UPS).
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