Research by SalesLeads’ experienced industrial market research team, shows 175 new planned Distribution and Supply Chain industry project opportunities tracked during the month of March.
Planned industrial project activity within the sector increased by 4% from the previous month.
The following are selected highlights on new Distribution Center and Warehouse construction news.
Distribution and Supply Chain - By Project Type
Distribution/Fulfillment Centers - 46 New Projects
Industrial Warehouse - 148 New Projects
Distribution and Supply Chain- By Project Scope/Activity
New Construction - 68 New Projects
Expansion - 37 New Projects
Renovations/Equipment Upgrades - 65 New Projects
Closing - 5 New Projects
Distribution and Supply Chain - By Project Location(Top 5 States)
Texas - 20
Florida - 17
California - 17
New York - 10
Ohio - 9
Largest Planned Project
During the month of March, our research team identified 5 new Distribution facility construction projects with an estimated value of $100 million or more.
The largest project is owned by American Airlines, who is planning to invest $550 million for a 325,000 sf expansion, renovation, and equipment upgrades on their aircraft hangar, warehouse, and office facilities at Tulsa International Airport in TULSA, OK. Construction is expected to start in early 2021, with completion slated for Summer 2022.
Top 10 Tracked Distribution and Supply Chain Project Opportunities
Global beverage company is planning to invest $300 million for the construction of a 1 million sf processing and distribution facility in BRANDON, FL. They have recently received approval for the project.
Grocery retailer is planning to invest $420 million for the construction of a 600,000 sf distribution center in TERREBONNE, QC. Completion is slated for 2023.
Airport authority is planning to invest $139 million for the construction of a 411,000 sf warehouse and maintenance hangar at 6010 W. Avion Dr. in LOS ANGELES, CA. They have recently received approval for the project. Completion is slated for early 2021.
Public transport authority is considering investing $110 million for the construction of a 105,000 sf warehouse and maintenance facility and currently seeking a site in CLAYTON, GA. Watch SalesLeads for updates.
Modular home mfr. is planning for the construction of a 486,000 sf warehouse and manufacturing facility at 13601 West Joe R Ramirez Road in EL MIRAGE, AZ. They are currently seeking approval for the project.
Logistics service provider is planning for the renovation and equipment upgrades on a 558,000 sf warehouse and distribution facility in LEBANON, TN. They have recently received approval for the project. They plan to relocate regional operations upon completion.
Medical equipment mfr. is planning to invest $70 million for the construction of a 1 million sf distribution facility in RICHMOND HILL, GA. Completion is slated for 2021.
Food packaging products mfr. is planning for the renovation and equipment upgrades on a recently leased 788,000 sf distribution facility at 1101 Airport Rd. in ROMEOVILLE, IL.
Logistics real estate service provider is planning for the construction of a 330,000 sf distribution center at 1725 Lakeland Park Dr. in BURLINGTON, KY.
Global online retailer is planning for the construction of a 4 million sf distribution facility at 2780 Long Road in GRAND ISLAND, NY. They are currently seeking approval for the project.
Since 1959, SalesLeads, based out of Jacksonville, FL has been providing Industrial Project Reports on companies that are planning significant capital investments in their industrial facilities throughout North America. Our professional research team identifies new construction, expansion, relocation, major renovation, equipment upgrades, and plant closing project opportunities so that our clients can focus sales and marketing resources on the target accounts that have an impending need for their products, services, and indirect materials.
Each month, our team provides hundreds of industrial reports within a variety of industries, including: