Hampton Roads grows warehouses, industrial projects
Despite a nationwide slowdown in industrial growth, Hampton Roads has major projects in its pipeline. In Virginia Beach, Amazon is wrapping up work on its five-floor, 3.2 million-square-foot robotics fulfillment center, the second part of a $350 million project that includes a 219,000-square-foot delivery station that opened last year. At the site, robots will move […]
Virginia logistics space squeezed by data center boom
After the COVID-19 pandemic struck, Virginia experienced a surge in demand for warehousing and distribution space driven by consumers shifting to the convenience of online shopping. In 2022, at the height of this boom, developers responded by rapidly adding new supply, with Richmond and Hampton Roads seeing dramatic increases in development of industrial spaces like […]