Third party logistics company List Logistics has announced it would lease more than 850,000 square feet in the massive Garden State Logistics Center in Mount Olive, New Jersey, a space formerly occupied by Toys R Us. The addition of the space to List’s portfolio means the industrial giant will operate more than 2 million square feet of distribution and warehouse space across the US, much of it near the ports of Long Beach and New York/New Jersey.

According to one analysis, we can expect to see more such deals as Amazon starts to scale back its presence in the industrial market.

 

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