The Maryland facility--which serves all 163 Giant Food stores--now has 106 dock doors, a 20% increase.
August 3, 2020
Giant Food, a leading greater Washington D.C. regional grocery chain, announced the expansion of its distribution warehouse in Jessup, Maryland, which serves all 163 Giant Food stores throughout Washington, D.C., Maryland, Virginia and Delaware. The expansion will add over 95,000 square feet, a 23% increase in footprint, which will increase efficiency and add capacity for high-demand categories like organics, fresh produce, meat and seafood as well as other merchandise including fresh cut floral and seasonal products.
Hyster-Yale Materials Handling Corporation announces a new solution designed to help promote social distancing measures as businesses reopen, using sensors embedded in tags that buzz when personnel get within six feet of one another. Employees can simply wear the electronic tags on a lanyard, similar to building or equipment access cards, offering a minimally intrusive solution that only makes its presence known when providing a proximity alert.
Labor accounted for the largest share of expenses, followed by property rent/lease/mortgage costs.
May 29, 2020
The Global Cold Chain Alliance (GCCA) released first-quarter data showing the general major cost structure of operating refrigerated warehouses. The cost of labor was once again the largest share of expenses, followed by property rent/lease/mortgage costs.
However, challenges stemming from the specialized nature of the sector will continue to restrain additional growth in transaction volume.
December 11, 2019
Investors increasingly are warming up to the U.S. cold storage warehousing sector, pushing cap rates for class A facilities closer to those of traditional high-quality warehouses, according to a new report from CBRE, Los Angeles.
The study projects that the industry likely won’t experience dramatic job loss over the next decade, though many workers may see the content and quality of their jobs shift as technologies are adopted for particular tasks.
October 29, 2019
The UC Berkeley Center for Labor Research and Education, Berkeley, Calif., released a study that details how the adoption of new technology can (and will) transform the way warehouses operate over the next 5-10 years.
These markets registered demand for industrial and logistics real estate that outpaced their supply by a collective 89 million square feet since 2013.
August 29, 2019
Fourteen U.S. markets stand out in a new report from CBRE, Los Angeles, as strategic options for investors in industrial and logistics real estate seeking growth opportunities outside of primary markets.
Both automation and worker augmentation solutions will be a key focus for decision makers’ plans during the next five years.
June 20, 2019
Zebra Technologies Corp., Lincolnshire, Ill., announced the results of its “2024 Warehousing Vision Study,” which analyzes IT and operations decision makers’ current and planned strategies for modernizing their warehouses, distribution centers and fulfillment centers.
In-progress warehouse construction in the United States totaled 255 million square feet at the end of this year’s first quarter.
June 20, 2019
Warehouse construction has reached unprecedented levels in the United States due to e-commerce demand, and conditions in many markets indicate that new supply can be leased up prior to construction completion or shortly thereafter, according to a new report from CBRE, Los Angeles.