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Released July 29, 2016 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)-As online sales are rising, so is the need for more big-box warehouses around the country. According to 4 Sight Logistics Solution (Carrolton, Texas), a big-box warehouse features more than 300,000 square feet of area, 28-foot-high or higher ceilings, with approximately 100 or more loading dock doors.
Industrial Info is tracking eight big-box projects from Wal-Mart Stores Incorporated (NYSE:WMT) (Bentonville, Arkansas) and Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington). Some of these gigantic warehouses serve as import centers for goods from foreign countries, such as the Wal-Mart warehouse being built in Irvington, Alabama. The $232 million building is the company's sixth import center in the U.S. The facility will have more than 2.9 million square feet and be located on a 400-acre site. The warehouse is being built by Ryan Companies US Incorporated (Minneapolis, Minnesota). The site is near the Port of Mobile in Alabama.
Wal-Mart is also building two industrial regional distribution warehouses on a 166 acre-site in Davenport, Florida, with a combined space of 2.2 million square feet, at a cost of over $206.8 million. Commerce Construction Company LP (City of Industry, California) is building the warehouses.
Of the six Amazon.com distribution/e-commerce center projects being tracked Industrial Info, two fulfillment centers are not located near ports. A 1 million-square-foot, $54 million regional fulfillment center is located on a 91-acre site in Fall River, Massachusetts. This is Massachusetts' first fulfillment center for Amazon. The Trammell Crow Company (Dallas, Texas) is currently building this project.
The other non-port distribution center being built by Amazon is in San Marcos, Texas. The Conlan Company (Atlanta, Georgia) is constructing the 855,000-square-foot, $191 million warehouse on a 101-acre site. The price tag includes $60 million for site preparation and construction, with $131 million being spent on warehouse equipment.
The growth in constructing these new, gigantic warehouses is fueled by the e-commerce online buying surge from customers. This online buying greatly reduces a company's costs if it does not have to spend capital to build or lease stores to show and sell merchandise. As this trend grows, so will the ability to receive goods even faster than before as more distribution centers go up in the US.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
Industrial Info is tracking eight big-box projects from Wal-Mart Stores Incorporated (NYSE:WMT) (Bentonville, Arkansas) and Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington). Some of these gigantic warehouses serve as import centers for goods from foreign countries, such as the Wal-Mart warehouse being built in Irvington, Alabama. The $232 million building is the company's sixth import center in the U.S. The facility will have more than 2.9 million square feet and be located on a 400-acre site. The warehouse is being built by Ryan Companies US Incorporated (Minneapolis, Minnesota). The site is near the Port of Mobile in Alabama.
Wal-Mart is also building two industrial regional distribution warehouses on a 166 acre-site in Davenport, Florida, with a combined space of 2.2 million square feet, at a cost of over $206.8 million. Commerce Construction Company LP (City of Industry, California) is building the warehouses.
Of the six Amazon.com distribution/e-commerce center projects being tracked Industrial Info, two fulfillment centers are not located near ports. A 1 million-square-foot, $54 million regional fulfillment center is located on a 91-acre site in Fall River, Massachusetts. This is Massachusetts' first fulfillment center for Amazon. The Trammell Crow Company (Dallas, Texas) is currently building this project.
The other non-port distribution center being built by Amazon is in San Marcos, Texas. The Conlan Company (Atlanta, Georgia) is constructing the 855,000-square-foot, $191 million warehouse on a 101-acre site. The price tag includes $60 million for site preparation and construction, with $131 million being spent on warehouse equipment.
The growth in constructing these new, gigantic warehouses is fueled by the e-commerce online buying surge from customers. This online buying greatly reduces a company's costs if it does not have to spend capital to build or lease stores to show and sell merchandise. As this trend grows, so will the ability to receive goods even faster than before as more distribution centers go up in the US.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.