Asian logistics operators leasing more U.S. warehouses
Leasing by Asia-based logistics firms more than doubled in key U.S. markets last year compared with 2023.
Warehousing
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Corteva to occupy new $30M distribution center in Anderson
The 300,000-square-foot facility is being developed by local industrial real estate firm Scannell Properties LLC.
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Netherlands-based NewCold plans $150M expansion in Lebanon
NewCold said the expanded facility at Lebanon Business Park will be the largest automated cold storage building in the United States.
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Local cold storage firm founded in 1951 acquired by South Dakota biz
MW Cold, a fourth-generation company that operates two large cold-storage facilities in central Indiana, is under new ownership.
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Fashion retailer Shein already expanding in Boone County
The China-based company said it plans to construct a second, 550,000-square-foot warehouse on its Boone County campus, doubling employment to about 1,400 by the end of 2025.
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Articles
Company finds niche in co-warehousing for growing small businesses
Indianapolis-based Rise Commercial District is part of a co-warehousing movement that provides small companies with flexible space as they grow, much like office co-working space does.
Amazon closes, abandons plans for dozens of U.S. warehouses
During the second quarter, Amazon’s workforce shrank by roughly 100,000 jobs, to 1.52 million, the biggest quarter-to-quarter contraction in the company’s history.
Q&A with Cathy Langham about growing cold-storage demand
Indianapolis-based Langham Logistics is set to open a 150,000-square-foot warehouse in Whitestown to serve pharmaceutical and biotech companies—and their suppliers—who need cold storage, meaning anything from chilled space to ultra-low-temperature freezers.
Amazon to sublease warehouses as online shopping slows
Seattle-based Amazon doubled the size of its operations during the pandemic, adding more warehouses and employees. But as the worst of the pandemic eased, it found itself with too much warehouse space and too many workers.
Warehouse growth heads south to Franklin
More warehouses and distribution centers have begun popping up near the Interstate 65 exit in Franklin, as central Indiana’s industrial boom continues to fan farther out from Indianapolis.
Logistics business to open distribution center with cold storage in Whitestown
Indianapolis-based Langham Logistics said the facility will be dedicated to pharmaceutical, vaccine and biologics manufacturing and distribution clients.
Online fullfillment firm Radial planning 2,500 seasonal hires in Brownsburg
Radial, which fills online orders for dozens of retail brands, said it needed the temporary help it pick, sort, pack and ship an upcoming surge in holiday orders.
Nevada-based logistics firm to create nearly 200 jobs in Boone County
ITS Logistics LLC announced Tuesday that it plans to invest $11.8 million to establish its first Midwest location, in Whitestown.
Holladay Properties proposes $25.5M in new Westfield warehouse projects
South Bend-based Holladay Properties is asking the city of Westfield to grant it a tax abatement to offset the costs of developing three speculative buildings in NorthPoint Industrial Park.
Indiana should see some economic recovery this year, economist says
Indiana’s economy should start to recover this year from the damage of COVID-19, but the economy likely won’t fully rebound until late 2022 or early 2023, a Ball State University economist says.
Online clothier to create up to 980 jobs in Plainfield
The Indiana Economic Development Corp. has pledged $8 million in conditional tax credits to San Francisco-based Stitch Fix, based on its hiring plans.
Warehouses luring more cash than offices in pandemic-fueled flip
Investors have poured money into industrial properties in 2020, spending more on U.S. warehouses than office buildings for the first time as social-distancing pushes even more consumers to e-commerce.
Retailer Lowe’s to open delivery terminal in Greenwood
The 92,000-square-foot facility, which will handle last-mile delivery for bulky items like grills and patio furniture, is part of the retailer’s $1.7 billion investment in its distribution network.
Overworked and exhausted, warehouse workers brace for a frenzied holiday rush
Warehouse workers say they’ve been under enormous pressure for months, working extended hours to fulfill a crush of pandemic orders. Now they are preparing for an unprecedented surge in demand, as retailers kick off online holiday sales earlier than ever.
Toys for Tots seeks new home for warehousing, distribution
The not-for-profit’s central Indiana organization must vacate its current space and hopes to secure 10,000 square feet at another location that could be leased for a nominal fee.
Hundreds of Indiana warehouse workers face job uncertainty
A subcontractor is taking over the facility for Chinese-based appliance maker Haier Group, and current employees are being asked to reapply for their jobs.
Local industrial sector ‘healthier than it’s ever been,’ expert says
The red-hot Indianapolis industrial real estate sector is nearing all-time records in vacancy, construction and absorption, newly-released market reports obtained by IBJ show.
MD Logistics adds Plainfield warehouse
The Plainfield-based company said it spent $1 million on improvements to the 180,000-square-foot, temperature-controlled facility at 2370 Perry Road.
Amazon aims to cut its carbon footprint
The online retail giant announced plans Monday to make half of all its shipments carbon neutral by 2030.