(Read more on the industrial market.)
BOSTON-The city's limited supply of industrial space just got alittle tighter following an 85,000-sf warehouse lease to CSN Storesat the Boston Business Park. A furniture and home goods retailerreliant on the Internet for sales, CSN is relocating from theSeaport District, where it occupies just under 15,000 sf.
"This represents gigantic, massive growth for [CSN]," Cushman& Wakefield senior director J.P. Plunkett tells GlobeSt.com.The company has no brick-and-mortar locations, instead encouragingconsumers to purchase items online from more than 1,000 suppliers.Facilities such as Boston Business Park are being used to store theproducts until being shipped, a trend that is helping landlordsfill warehouse space throughout the country.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
