Anthony Crivello

Is Micro-Fulfillment Still Growing?

Retailers have implemented numerous strategies to keep up with the steady uptick in e-commerce sales the sector has experienced since the onset of the pandemic. While the most notable approach has been a dogged pursuit of traditional warehouses in primary consumer markets, real estate stakeholders have also become more creative. From vertical warehouses to store fulfillment, retailers have stepped outside traditional fulfillment models to place inventory closer to online shoppers and meet demands for same-day, next-day, and two-day shipping. Micro-fulfillment has gained significant traction since ... Read More

Building Material Shortages Keep Stalling New Industrial Real Estate Inventory

U.S. warehouse vacancy remains at all-time lows, with estimates placing national vacancy below 4%. Meanwhile, e-commerce sellers, traditional retailers, manufacturers, and other industrial stakeholders are all competing for new space as it becomes available. The natural response in this situation involves building more warehouses and factories, but that solution is easier said than done. A variety of factors have created difficulties for builders as they attempt to access the materials they need. Supply chain disruptions have driven the cost of non-residential building materials up by ... Read More

Over 500 new jobs coming to Wetumpka

First published by The Wetumpka HeraldPortions of a Wetumpka building vacant since 2013 will see life again.Gov. Kay Ivey announced Thursday Los Angeles-based BELLA+CANVAS will invest $11.9 million to establish an operation in a building once operated by Russell Corp.“The decision by BELLA+CANVAS to locate its high-tech cutting facility in Wetumpka is welcome news for Elmore County and for Alabama,” Ivey said in a statement. “Not only will the company’s growth project spark the creation of a significant number of jobs, but it also underscores ... Read More

Go to Top