Taylor Wood says bargaining with warehouse owners for storage space is far different than during the pandemic, when demand for industrial space was red hot. “I’ve never seen a market like that, where we were basically scratching and clawing for every building,” said Wood, a broker at real estate services firm Savills. “There were five… Continue reading Warehouse Rents Slipping on Declining Demand
Author: adminmaster
Third-Party Logistics (3PL) Market Poised for Growth, Expected to Surpass USD 1.59 trillion by 2028
The “3PL Market Size & Share Analysis – Growth Trends & Forecasts (2023 – 2028)” report has been added to ResearchAndMarkets.com’s offering. The Third-Party Logistics (3PL) Market, a critical component of global supply chain management, is experiencing a significant ascension with the market size estimated at USD 1.22 trillion in 2023, on track to reach… Continue reading Third-Party Logistics (3PL) Market Poised for Growth, Expected to Surpass USD 1.59 trillion by 2028
Supply Chain Solutions inks big lease at new-look Tempe industrial park
A new-to-market transportation and logistics firm is taking a big chunk out of a recently built East Valley industrial park. Michigan-based Supply Chain Solutions has signed a 156,751-square-foot lease at Sight Logistics Park in Tempe. Developer ViaWest Group broke ground in October 2022 on the two-building park totaling 356,904 square feet. The park, located at… Continue reading Supply Chain Solutions inks big lease at new-look Tempe industrial park