Dick’s Sporting Goods, REI and online pet-supplies store Chewy are among the retailers taking up space in a new warehouse corridor forming along a desert-lined freeway just outside Phoenix
A new warehouse corridor is forming along a desert-lined freeway just outside Phoenix as companies seek alternative paths for distribution into the U.S. away from congested and costly coastal gateways.Chewyare among those taking up space in the burgeoning logistics hub along Loop 303, an anchor for what has become one of the fastest-growing markets for industrial real estate in the U.S.
Another 19.8 million square feet of industrial space is under construction in a Phoenix region that includes the Loop 303 corridor.Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology.The growing logistics activity comes as many retailers and manufacturers are looking to reconfigure their supply chains, both to get closer to the big U.S.
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