E-Commerce Hard disks Booming Canadian Warehouse Marketplace
Simply by: Multichannel Merchant
Feb 17, 2017
Pure Industrial Real Property Trust, whose major customers include FedEx and Greatest Buy, expects e-commerce in order to make up 50 % of its Canadian stockroom portfolio over the following few years, up through 30 percent today, in accordance to Chief Executive Official Kevan Gorrie.
“ We’ re concentrated on growth in web commerce, ” Gorrie told Bloomberg. “ I don’ to think enough companies be concerned about obsolescence. We believe about it all the particular time. ”
Pure Industrial owns regarding 21 million square ft of space across a lot more than 170 properties within Canada and the Oughout. S. The company programs to expand that to be able to 40 million square foot in Canada — which includes pursuit of Amazon because a tenant — plus up to 15 mil square feet in typically the U. S., including websites in San Antonio, Charlotte now, and Atlanta.